Greensill Bank Sues UK Over Wrongful Loan Guarantee Termination
Germany’s defunct Greensill Bank AG is seeking about £330 million ($441 million) from the UK, accusing it of wrongly canceling Covid-era loan guarantees it agreed with Australian financier Lex Greensill’s...
By Harry Black · Bloomberg
Germany’s defunct Greensill Bank AG is seeking about £330 million ($441 million) from the UK, accusing it of wrongly canceling Covid-era loan guarantees it agreed with Australian financier Lex Greensill’s trade finance arm.