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ASX IAG: IAG discloses $7b in legal claims after Greensill Capital collapse

IAG is dealing with $7 billion in claims related to insurance provided by a former subsidiary including policies issued to collapsed financier Greensill Capital.

United-kingdom , Switzerland , Australia , Swiss , Australian , Nick-hawkins , Sanjeev-gupta , Michael-frege , Credit-suisse , Greensill-group , Greensill-bank , Australian-financial-review

Greensill Capital avoids responding to Bluestone Resources allegations after US lawsuit dismissed

The supply chain finance group and its founder Lex Greensill have avoided responding to allegations by former client Bluestone Resources after the US coal miner dropped its lawsuit.

United-kingdom , Switzerland , British , Swiss , Roland-hartley-urquhart , Nadhim-zahawi , David-cameron , Lex-greensill , Michael-frege , Greensill-bank , Credit-suisse , Treasury-committee

IAG calls out $1 insurance for Greensill entities

The Sydney-based insurer is defending claims from the administrator of a bank named for Bundaberg-born financial whiz Lex Greensill.

Switzerland , Swiss , Greg-brereton , Michael-frege , Greensill-bank , Part-of-the-greensill-bank , Credit-suisse , Bond-credit-co , Greensill-group , Federal-court , Greensill-capital , Scor-reinsurance

Lex Greensill accused of fraud by BGC

Fallen Australian financial wizard Lex Greensill has been accused of hiding details of related-party deals and phantom customers when securing insurance for some of his firm’s biggest clients.

Australia , Dubai , Dubayy , United-arab-emirates , Bundaberg , Queensland , United-kingdom , Switzerland , Swiss , Greg-brereton , Michael-frege , Lex-greensill

IAG hit with $300m of claims linked to Greensill Capital collapse

The insurer says it was in the dark about policies a half-owned insurance agency was signing.

Australia , Japan , Sydney , New-south-wales , United-kingdom , Luxembourg , Whyalla , South-australia , Tokio , Tokyo , Switzerland , Australian

Greensill Capital founder Lex Greensill returns to Bundaberg to see relatives

The Greensill Capital founder is among the many Australians returning home to see family as the nation’s border restrictions ease.

Australia , United-kingdom , Sydney , New-south-wales , Australian , British , Sanjeev-gupta , Roland-hartley-urquhart , Michael-frege , Greensill-bank , Credit-suisse , Greensill-capital

Credit Suisse ups the ante on Greensill Capital insurance claims

Credit Suisse is pursuing insurers for more than $1 billion to pay back investors, as it struggles to recover payments after Greensill Capital’s collapse.

Germany , Australia , Japan , United-kingdom , Zurich , Züsz , Switzerland , Tokio , Tokyo , Ireland , Japanese , Irish

The storm that took down Lex Greensill isn't over yet

The unwinding of Lex Greensill’s supply chain finance empire has been long and slow - and as it unfolded, it’s shone an uncomfortable spotlight into many corners.

Germany , Georgia , United-states , Australia , Japan , United-kingdom , Tokio , Tokyo , Whyalla , South-australia , Switzerland , Tahmoor

Insurer IAG hit with $48m claim from Greensill implosion

Court battles over insurance claims related to Greensill Capital’s collapse have begun, with IAG getting sued in the Federal Court.

Germany , Luxembourg , Australia , Japan , Tokio , Tokyo , Switzerland , Japanese , Australian , German , Swiss , Nick-hawkins

Greensill Used Taxpayer Loans to Cut Exposure to Mr Sanjeev Gupta

Greensill Used Taxpayer Loans to Cut Exposure to Mr Sanjeev Gupta
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Germany , Italy , California , United-states , Czech-republic , United-kingdom , France , Italian , German , Liberty-magona-srl , Liberty-ostrava , Sanjeev-gupta