Hammonds is to overhaul its equity part-nership in the wake of its shock restruc-turing, it has emerged.
The move is designed to cushion the impact on junior equity partners of its planned 12% cut in drawings, which the firm announced last week.
Legal Week Reports
February 09, 2005 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Hammonds is to overhaul its equity part-nership in the wake of its shock restruc-turing, it has emerged.
The move is designed to cushion the impact on junior equity partners of its planned 12% cut in drawings, which the firm announced last week.
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