Herbert Smith saw its total bank borrowings increase by £5m during 2008-09 according to its most recent limited liability partnership (LLP) accounts. The top 10 City firm's LLP accounts, recently filed with Companies House, show the firm had total bank borrowings of £75.6m at the close of the last financial year, compared with borrowings of £70.3m during 2008. The firm's bank overdraft and loans due within the year increased to £23.7m from £14.9m.
December 07, 2009 at 11:10 AM
1 minute read
The original version of this story was published on Legalweek
Herbert Smith saw its total bank borrowings increase by £5m during 2008-09 according to its most recent limited liability partnership (LLP) accounts.
The UK top 10 firm’s LLP accounts, recently filed with Companies House, show the firm had total bank borrowings of £75.6m at the close of the last financial year, compared with borrowings of £70.3m during 2008. The firm’s bank overdraft and loans due within the year increased to £23.7m from £14.9m.
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