Greensill made scramble for cash months before collapse, US court filings claim

Greensill made scramble for cash months before collapse, US court filings claim

The Guardian

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Moves came as lender was trying to convince investors it was worthy of multibillion-dollar stock market debut, documents allege

At the turn of the new year, just weeks after Greensill Capital was trying to convince investors it was worthy of a multibillion-dollar stock market debut, US court filings show its executives were engaging in “increasingly frantic conduct” as they scrambled for cash.

Among them was Greensill’s vice-chairman, the 62-year-old Roland Hartley-Urquhart, who, court documents claim, was chasing a large borrower for emergency payments and additional fees.

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