More than $4.6 billion of financial claims remain outstanding against Greensill Capital’s Australian parent group but could remain unresolved until the end of 2024 as they get bogged down in litigation.
The annual report filed by Greensill Capital Pty Ltd’s liquidator, Grant Thornton, shows that the firm had just $2.7 million of cash in the bank at the end of April but more than $4.6 billion of liabilities.
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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
