Bird & Bird has secured an innovative debenture agreement with Royal Bank of Scotland (RBS) to provide flexible credit. The unusual agreement, signed on 6 May in the wake of the City firm’s conversion to a limited liability partnership (LLP) last year, gives the bank security over the firm’s assets.
June 25, 2009 at 04:29 AM
1 minute read
The original version of this story was published on Legalweek
Bird & Bird has secured an innovative debenture agreement with Royal Bank of Scotland (RBS) to provide flexible credit.
The unusual agreement, signed on 6 May in the wake of the City firm’s conversion to a limited liability partnership (LLP) last year, gives the bank security over the firm’s assets.
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