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Greensill Capital administrators flag insurance claims

Greensill Capital’s British administrators have singled out insurance claims as “a significant area of recovery” for the collapsed supply chain group’s investors. ....

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Lex Greensill cuts himself from Bundy farm records

Lex Greensill cuts himself from Bundy farm records
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Fallen finance star Lex Greensill is stripping himself from business records of parts of his family’s Bundaberg farming outfit.
Documents obtained by
AFR Weekend show he appears in the past month to have offloaded some stakes in farming entities to companies run by close associates, removing a direct tie as a shareholder in the sweet potato and sugarcane operation.
Part of the Greensill Farming operation in Bundaberg.
Sabrina Lauriston
Mr Greensill had already resigned as a director of farming entities midway through last year, as tremors struck insurance for his supply chain finance business, Greensill Capital. ....

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Bundy billionaire clan's $40m land buying spree | Sunshine Coast Daily

Bundy billionaire clan's $40m land buying spree | Sunshine Coast Daily
sunshinecoastdaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunshinecoastdaily.com.au Daily Mail and Mail on Sunday newspapers.

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Bundy billionaire clan's $40m land buying spree

The Greensills have snapped up more than $40m of land in the Bundaberg region over the last five years as they expanded their agricultural operations into one of the biggest in the state.
The acquisitions have allowed the Greensills to expand their broadacre production of sweet potatoes, peanuts and cane to gain lucrative supply contracts with national food brands including Coles, Bega and Edgell.
But there are worrying signs the operations could be collateral damage in the fall out from the Greensill Capital collapse, with signs the farms are under some financial pressure. Greensill Capital was worth an estimated $7bn before it collapsed and entered voluntary administration on Tuesday morning. ....

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Bundy billionaire clan's $40m land buying spree

Bundy billionaire clan's $40m land buying spree
noosanews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from noosanews.com.au Daily Mail and Mail on Sunday newspapers.

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