IAG to be hit with more Greensill-related insurance claims
White Oak is planning to file several new legal claims in Australia alleging that Greensill Capital’s insurers were aware there were problems with the collapsed firm’s insurance policies but didn’t tell the US financier, courts have been told.
Dozens of lawyers attended a Federal Court hearing in Sydney on Tuesday to sort out how 10 existing legal claims filed against Insurance Australia Group should proceed. The court heard on Tuesday that IAG could be hit with more claims.
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