Greensill Capital insurer BCC gets new Australian boss
The Australian CEO of Bond & Credit Co has been replaced as the group prepares to fight insurance claims linked to the collapse of the supply chain finance firm.
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The Australian CEO of Bond & Credit Co has been replaced as the group prepares to fight insurance claims linked to the collapse of the supply chain finance firm.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CHARLESTON — The U.S. Department of Justice wants West Virginia Gov. Jim Justice and his coal companies to comply with a consent order to which he previously promised to address environmental violations.
Greensill Capital’s main UK operating business has filed for bankruptcy in the US to protect its assets ahead of a September hearing on a lawsuit brought by former client Bluestone Resources.
Having an ex—prime minister is a great way to open doors. he played a really crucial role in getting greensill in front of the right sort of people, which meant that they could get access to more money, more funding, big investors. and in the end, it turns out the company was clearly very, very problematic. the problem was the invoices. while most were real, some simply didn't exist, so they could never be paid. investors didn't know, and billions of dollars of their cash had been put at risk. this is bluestone resources. it's a coal company, owned by the governor of west virginia, jim justi...