Some of the largest law firms globally have assumed pivotal roles as Coupang, a South Korean e-commerce powerhouse, successfully orchestrates a $500 million rescue deal for Farfetch, a London-based fashion retailer.Law.com reported this development.
The deal comes as a lifeline for Farfetch, which was staring down the barrel, with its business operations on the brink of a shutdown. In navigating this crucial deal, Farfetch enlisted the help of Sidley Austin, as disclosed by a person privy to the details of the deal.