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Insurance Australia Group has agreed a confidential settlement with Credit Suisse entities in one of the largest remaining insurance disputes arising from the collapse of Greensill Capital, resolving proceedings carrying claimed amounts with an aggregate face value of about A$2.8bn,...
#BCC Trade Credit#credit risk#Credit Suisse
Insurance Australia Group has said a settlement with Credit Suisse entities over Greensill-linked trade credit insurance litigation has not been…
#BCC Trade Credit#Credit Suisse#Greensill Capital
BB Energy has said it has received irrevocable award letters from South Sudan for two crude cargoes due before November,…
#BB Energy#commodity finance#crude oil
A London court has rejected BB Energy’s attempt to block the sale of three South Sudanese oil cargoes worth around…
#BB Energy#commodity finance#creditor risk
Marsh has recorded a $425 million charge linked to ongoing litigation stemming from the collapse of Greensill Capital, bringing renewed…
#Greensill#litigation#Marsh