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When is a company split a fraudulent act?

  • Jones Day
  • -
  • Japan
  • -
  • December 21 2012

Under the Companies Act, a company split is often used when reorganising a company in Japan

Supreme Court rules on rights of retention

  • Jones Day
  • -
  • Japan
  • -
  • August 17 2012

The Supreme Court has ruled on the actions that a bank may take where it has both a claim against a company and a right of retention with regard to the company under the Commercial Code over a promissory note that the company has entrusted to the bank to collect, and where an order has been issued for the commencement of civil rehabilitation proceedings in respect of the company

Supreme Court ruling on reimbursement claims for salary payments

  • Jones Day
  • -
  • Japan
  • -
  • May 18 2012

On November 22 2011 the Supreme Court delivered judgment on the treatment of a claim for reimbursement regarding a salary payment made by a third party before the commencement of bankruptcy proceedings