Herbert Smith and Latham & Watkins have taken roles on opposite sides of the �1.5 billion sale of Harrods to the Qatari royal family. Herbert Smith advised the Al Fayed Family Trust, while Latham acted for the Qataris. Latham has a strong presence in the region, after advising the Qatari Ministry of Economy and Finance last December on a $7 billion offering, the largest-ever bond issuance in the Middle East.
May 12, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Herbert Smith and Latham & Watkins have taken roles on opposite sides of the £1.5 billion sale of Harrods to the Qatari royal family.
The deal sees Mohamed Al Fayed’s 25-year tenure as owner of the iconic Knightsbridge department store come to an end, although he will remain in a new role as honorary chairman.
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