Herbert Smith net debt grows by £16m in 2010-11
Herbert Smith’s total bank borrowings grew by more than £10m last year, taking total debt back up to near 2008-09 levels, the firm’s LLP accounts have revealed. Total bank borrowings at Herbert Smith grew from £59.5m to £70.9m in 2010-11. The firm tripled the level of its medium-term (two-to-five year) bank loans, from £10.4m in […]