Halliwells has bank loans in place worth £19.4m according to the firm's latest Limited Liability Partnership (LLP) accounts. The 2007-08 accounts, filed last week with Companies House, give details of the firm's highly unusual secured loan agreement with RBS, revealed last month by Legal Week - including the value of the loan. The £19.4m loan, which is repayable in May 2011, is secured by a debenture, which effectively gives the bank security over the firm's assets.
March 09, 2009 at 01:20 PM
1 minute read
The original version of this story was published on Legalweek
Halliwells has bank loans in place worth £19.4m according to the firm’s latest Limited Liability Partnership (LLP) accounts.
The 2007-08 accounts, filed last week with Companies House, give details of the firm’s highly unusual secured loan agreement with RBS, revealed last month by Legal Week – including the value of the loan.
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