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Fired Greensill Staff Can Seek Millions in Employment Suit

  • Judges ruled there was a ‘complete failure’ to consult staff
  • Administrators could pay £4.5 million or default to BEIS
Company logGreensill Capital offices near Warrington, UK.

Company logGreensill Capital offices near Warrington, UK.

Photographer: Anthony Devlin/Bloomberg

Hundreds of ex-Greensill Capital employees have won the right to seek millions of pounds in damages after executives took a “deliberate decision to do nothing” and hide the true picture of financial strife the firm was in, judges ruled.

The group of 277 employees could be awarded as much as £4.5 million ($5.5 million) after they were not properly informed about potential redundancies, employment judges said Thursday.