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Norton Rose failed to warn publisher of post-takeover debt liabilities, Hong Kong court finds

By Dominic Lawson

05 July 2019

Norton Rose failed to warn publisher of post-takeover debt liabilities, Hong Kong court finds Hong Kong / iStock.com/danielvfung

A Hong Kong court has ordered Norton Rose Fulbright to pay damages to a publisher it advised on a takeover of a bookshop facing bankruptcy, finding the firm failed to warn of a transfer of debt liabilities.