Cystic Fibrosis Ireland 65 Roses Campaign
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Lex Greenshill of Greensill Capital.
Business by Jared Lynch, Valerina Changarathil 9th Mar 2021 10:55 AM
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Subscriber only The Australian arm of controversial supply chain financier Greensill Capital has been placed into administration after it warned overnight it was in severe financial distress and unable to repay a $140m loan to Credit Suisse. Grant Thornton was appointed as the administrator of Greensill s Australian operations on Tuesday morning. This follows Grant Thornton being appointed to the head company in the London overnight. Chris Laverty, Trevor O Sullivan and Will Stagg of Grant Thornton have been appointed as joint administrators of Greensill s UK operations (GCUK). Meanwhile Matt Byrnes, Phil Campbell-Wilson, and Michael McCann, also of Grant Thornton, have been appointed the voluntary administrators in Australia.