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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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Bluesky: @jennywiggins.bsky.social Email Jenny at jwiggins@afr.com
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Hans van Leeuwen is international economy editor for The Telegraph UK. He was previously The Australian Financial Review’s Europe correspondent.
