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International factoring is a way for companies to get paid right away by selling their foreign invoices to a specialised financial company, which then takes over the job of collecting the money from the importer. In today’s globalised world, international...
#Credit Suisse#Greensill#Katerra
Working capital finance is short-term funding for daily costs such as payroll, rent, and inventory, helping businesses cover cash flow…
Invoice Factoring is a business financing solution where a company sells its unpaid invoices to a third-party factoring provider at…
Inventory Finance is a funding solution that allows businesses to borrow money against the value of their inventory or stock.…
Lex Greensill has been banned from acting as a company director in the UK for nine years, bringing a major…
Marsh has recorded a $425 million charge linked to ongoing litigation stemming from the collapse of Greensill Capital, bringing renewed…
#Greensill#litigation#Marsh
According to Reuters, documents released on Tuesday reveal that former British Prime Minister David Cameron extensively lobbied senior ministers in…
#funding#Greensill#Greensill Capital
Zurich Insurance Group has filed a counterclaim in London's High Court, alleging a 'conspiracy' involving financier Lex Greensill, steel magnate…
#Greensill#Sanjeev Gupta#trade credit insurance
Legal claims in the wake of Greensill Capital’s collapse in 2021 continue to grow.According to Insurance News.com the insurer IAG…
#Credit Suisse#Greensill#Greensill Capital
The collapse of the supply chain finance company, Greensill Capital, in March 2021 continues to throw new light on the…
#Greensill#invoice finance fraud#supply chain finance
As the collapse of Greensill Capital in March 2021 continues to unfold... (more…)
Credit Suisse has been given permission to pursue its US$440m claim against Japanese investor Softbank in the English courts, after…
#Credit Suisse#Greensill#supply chain finance
Credit Suisse has just completed the liquidation of one of its four supply chain finance funds that were rocked by…