Greensill Bank’s German administrators are trying to secure assets in Australia following Greensill Capital’s collapse as fast as possible, and are seeking court orders to seize documents and interview representatives of companies in Sanjeev Gupta’s GFG Alliance group and other debtors and creditors.
Stewart Maiden, QC, representing Greensill Bank, told an online hearing in the Federal Court on Wednesday that the bank’s insolvency administrators had a serious duty to protect the estate’s assets.
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