Live Breaking News & Updates on Peter greensill family

Stay informed with the latest breaking news from Peter greensill family on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Peter greensill family and stay connected to the pulse of your community

Lex Greensill's family backs coconut waste start-up

The shareholding is the financier’s first known investment since the collapse of Greensill Capital.

United-kingdom , Jersey , Kenya , Australia , Florida , United-states , Australian , John-gorman , Peter-greensill , Alastair-eadie , Marisa-gorman-lazatin , Peter-greensill-family

Credit Suisse financed Greensill's plan to set up insurance firm

The loss of a key insurance policy was one of the main factors that hastened the demise of Greensill last year, triggering a sprawling financial and political scandal.

Australia , Bundaberg , Queensland , Tokio , Tokyo , Japan , United-kingdom , Australian , British , Shane-galligan , Sanjeev-gupta , 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

GFG Alliance has 34 'buckets' of debt with Greensill Capital

Greensill Capital is still owed about $800 million from GFG Alliance, its biggest client, administrators Grant Thornton have revealed.

Germany , United-states , Tokio , Tokyo , Japan , United-kingdom , Switzerland , German , Peter-greensill , Lex-greensill , Greensill-bank , Credit-suisse

Greensill Capital Inc paid $83,646 a month for private jet


Greensill Capital Inc paid $83,646 a month for private jet
Save
Share
Greensill Capital’s US arm was paying $2,868 an hour to another subsidiary of the supply chain finance group to charter an Italian turboprop jet before it collapsed in March, bankruptcy filings reveal.
Greensill Capital (IOM), the owner of a Piaggio P180 Avanti II aircraft registered in the Isle of Man, agreed to provide services to New York-headquartered Greensill Capital Inc at the hourly rate of £1,600 for a minimum of 350 flight hours each year, according to an agreement signed between the two entities in May 2018.
Greensill Capital (IOM), which is also based on the self-governing island between the UK and Ireland, has claimed £88,845 ($159,250) from Greensill Capital Inc, which is going through Chapter 11 bankruptcy, for “lease of aircraft”, according to creditors’ claims.

New-york , United-states , Australia , Bundaberg , Queensland , Australian , American , Martyn-fiddler , Greensill-bank-german , Credit-suisse , Peter-greensill-family , Greensill-capital-inc

Netflix, Amazon pop up in Greensill Bank court filing


Netflix, Amazon pop up in Greensill Bank court filing
Save
Share
US investor White Oak Global Advisors, which is in talks with Sanjeev Gupta over possibly pumping more money into GFG Alliance, is one of two dozen American groups – along with Netflix and Amazon Digital Services – named as creditors and counterparties of Greensill Bank in US bankruptcy filings.
White Oak, headquartered in San Francisco, is also one of a handful of groups in talks now with GFG about potentially refinancing parts of the steel conglomerate’s Australian operations.
GFG faces a huge uphill battle to replace $6 billion in funding globally, which had previously been sourced from Greensill Capital.

Germany , Australia , Japan , Brisbane , Queensland , United-kingdom , Australian , Nippon , British , German , Scott-butler , Hall-willcox

Greensill liquidation deepens focus on directors


Greensill liquidation deepens focus on directors
Save
Share
The actions of Greensill Capital’s former directors will be put under the spotlight by Grant Thornton after the supply chain finance group’s Australian parent was put into liquidation.
Creditors voted to liquidate the Bundaberg-headquartered Australian group less than six weeks after it declared insolvency, giving Grant Thornton – which previously oversaw Greensill’s administration and has now become its liquidator – deeper powers to examine the causes of its collapse.
Greensill Capital founder Lex Greensill. The shift to liquidation from administration will give Grant Thornton greater powers to investigate the collapse of the business. 

Germany , Australia , Tokio , Tokyo , Japan , United-kingdom , Switzerland , Britain , Australian , British , German , Swiss

Greensill liquidators in Australia to investigate directors after company wound up


Greensill liquidators in Australia to investigate directors after company wound up
Ben Butler
© Provided by The Guardian
Photograph: Oli Scarff/AFP/Getty Images
The Australian company that sat atop the globe-spanning Greensill finance empire will be wound up owing $4.9bn allowing liquidators to investigate its collapse.
At a meeting on Thursday, creditors of Greensill Capital voted 23 to 0 – with three abstentions – in favour of winding up the company.
Liquidators from accounting firm Grant Thornton have previously said areas requiring further investigation include hundreds of millions of dollars of transactions between Greensill Capital and a trust controlled by Peter Greensill, the brother of company founder and Bundaberg sugar farmer Lex Greensill.

Australia , Germany , Japan , Bundaberg , Queensland , Whyalla , South-australia , United-kingdom , Australian , Japanese , German , British

Lex Greensill faces possible public grilling over company collapse


Lex Greensill faces possible public grilling over company collapse
We’re sorry, this service is currently unavailable. Please try again later.
Dismiss
Save
Normal text size
Advertisement
Lex Greensill, the founder of Greensill Capital, could be hauled before public examinations by liquidators as they probe the reasons behind the $9 billion company’s unexpected collapse.
Administrators of the fallen financier’s Australian head company have recommended the group be placed in liquidation given they have not received any offer to salvage the Australian parent of the London-headquartered group.
Matt Ayres, partner at administrator Grant Thornton, said in a report to creditors released on Thursday night that placing the company into liquidation would also allow for more investigations to be undertaken into the group’s affairs, including whether it was trading while insolvent on a cash flow test basis.

Germany , Australia , Whyalla , South-australia , United-kingdom , Sydney , New-south-wales , British , German , Sanjeev-gupta , David-cameron , Eb-two

Lex Greensill faces possible public grilling over company collapse

Lex Greensill faces possible public grilling over company collapse
theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.

Germany , Australia , Whyalla , South-australia , United-kingdom , Sydney , New-south-wales , British , German , Sanjeev-gupta , David-cameron , Eb-two