New Chapter 11 Filing – Greensill Capital
On March 25, 2021, Greensill Capital Inc. filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case No. 21-10561). Greensill’s petition indicates that Greensill Capital Management (UK) Limited (in administration) owns 100% of the debtor’s equity. Board resolutions attached to the petition authorize entry into DIP financing from Peter Greensill Family Trust. The company reports $10 million to $50 million in assets and $50 million to $100 million in liabilities.
Cole Schotz does not represent the Debtor in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtor’s counsel.
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