Court won’t save Greensill from ‘catastrophic’ expiry of $4.6B insurance policy

Insurance 2021-03-02 11:27 pm By Christine Caulfield | Melbourne

Embattled financial services firm Greensill Capital has lost an emergency bid for a temporary mandatory injunction that would have forced its insurer to renew trade credit policies covering $4.6 billion in client loans as it fights to avoid collapse.