The firm said that the move will help it avoid using bank credit to get through the coronavirus crisis.
April 14, 2020 at 08:02 AM
1 minute read
Senior Reporter
Spanish law firm Cuatrecasas has raised around €20 million ($22 million) through partner contributions to the business, as it looks to shore up its finances during the coronavirus pandemic.
The cash call has bolstered the firm’s internal financing fund by 25% to around the €70 million mark, the firm confirmed on Tuesday. The news was first reported by Spanish newspaper La Vanguardia.
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Cuatrecasas has boosted its internal financing fund by 25% through partner contributions.
