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Greensill’s long and winding road to oblivion

Greensill’s long and winding road to oblivion

Sorting out the global ruptures caused by the collapse of Greensill Capital will be anything but simple – and is likely to take years.

Lex Greensill’s financial empire fell apart at breakneck speed. Peter Braig

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Investigations into alleged fraud. Insurers challenging claims. Battles over where the cash comes from to pay billions of dollars of debts.

Sorting out the global ruptures caused by the collapse of supply chain financier Greensill Capital will be anything but simple and is likely to take years, bringing a bonanza in legal fees to the myriad law firms set to become involved.

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Jenny Wiggins
Jenny WigginsInfrastructure reporterJenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
Simon Evans
Simon EvansSenior reporterSimon 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
Hans van LeeuwenEurope correspondentHans 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/link/follow-20180101-p57db8