Lex Greensill seeks to throw out director ban Legal The government’s bid to disqualify the boss of collapsed lender Greensill Group from directing companies in the UK for 12 years should be thrown out as there “cannot be a fair trial”, the High Court has been told. The Department for Business and Trade (DBT) began proceedings against Lex Greensill in 2024 after the Insolvency [...]
Auditor MHA queried source of funds in Sanjeev Gupta-owned firms before resigning Business MHA queried the source of funds for various intercompany transactions before resigning from an engineering firm owned by metals magnate Sanjeev Gupta, City AM can reveal. The London-listed accounting firm has stepped down as auditor of Wolverhampton-based Clydesdale Engineering, an automotive and defence manufacturer owned by Gupta’s Liberty Steel Group, part of his GFG Alliance [...]
Credit Suisse’s legal bid to recover Greensill losses from Softbank fails Legal Swiss lender Credit Suisse has failed in its attempt to recover $440m from Softbank following the collapse of financial firm Greensill Capital. Credit Suisse – now UBS – was hit hardest by Greensill’s collapse, owing to its significant exposure through various funding and investment vehicles. Greensill Capital, founded by Alexander (Lex) Greensill, went under in [...]
Credit Suisse seeks $440m Greensill Capital losses from SoftBank June 4, 2025 Four years after Greensill Capital collapsed, Swiss lender Credit Suisse's $440m legal battle against SoftBank is set for showdown at London's High Court
Administrators of Greensill Capital hit several former directors with lawsuit April 30, 2025 Administrators for the collapsed British financial firm Greensill Capital have launched fresh legal action against several former directors
UBS offers to repay former Credit Suisse clients 90 per cent of Greensill funds June 17, 2024 Swiss banking giant UBS has offered to repay former Credit Suisse clients 90 per cent of the funds they invested with specialist finance firm Greensill Capital, which collapsed in 2021.
Tighter Whatsapp lobbying rules would have revealed Greensill scandal, MPs say May 2, 2024 Stricter transparency rules on lobbying over Whatsapp would have resulted in the Greensill scandal being uncovered, a group of MPs has said.