The Guardian4 Jun 2026Macro
Automatically composed with AI from the cited sources
The Insolvency Service announced the disqualification on 4 June, stating Greensill breached his duty of care as a director, causing a $440m loss to Credit Suisse through transactions that removed legal protections from loan notes tied to US construction firm Katerra. The undertaking ends the case before a six-week trial was due to begin on 8 June, though Greensill still faces a separate civil action by administrators of Greensill Capital (UK).