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Greensill US arm files for bankruptcy protection

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The United States arm of collapsed financier Greensill Capital has officially filed for Chapter 11 bankruptcy protection in a court in New York.

It extends the geographic spread of the contagion in the failed supply-chain finance group to yet another jurisdiction, which already encompasses Australia, Britain and Germany.

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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
Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/greensill-us-arm-files-for-bankruptcy-protection-20210326-p57ecs