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In re Takehiko Murakami

Fri, 03/15/2013 Bankruptcy Division, District Court of Guam (Hagatna) ...

Chapter 15 New Filing - abi_admin - 04/02/2013 - 10:27 - 0 comments - 0 attachments

In re The Sanko Steamship Co., Ltd.

Mon, 07/02/2012 S.D.N.Y Peck ...

Chapter 15 New Filing - abi_admin - 07/20/2012 - 12:02 - 0 comments - 0 attachments

When business transfer is a fraudulent act

On November 30 2010 the Tokyo District Court issued an order for the avoidance of a business transfer that was made by a bankrupt company before it filed for bankruptcy. The court also ordered the transferee to restore the transferred assets that could s ...

Resource Article - abi_editor - 08/23/2011 - 10:52 - 0 comments - 0 attachments

IP Qualifications Profiles January 2011 - Japan

Appointment In Japan, insolvency proceedings are implemented through any one of the following four distinct insolvency law regimes: • Bankruptcy Law of Japan (Law No. 75, June 2, 2004) (Hasan Ho); • Special Liquidation Law (Art. 510-574 of Corpor ...

Resource Article - abi_editor - 05/05/2011 - 15:06 - 0 comments - 1 attachment

Providing financing to companies in crisis

The provision of finance without collateral, or with insufficient collateral, is considered a breach of fiduciary duty, which constitutes the crime of breach of trust. However, providing urgently needed finance to a company in a critical state of nea ...

Resource Article - abi_editor - 03/10/2011 - 14:32 - 0 comments - 0 attachments

Corporate Reorganization of Takefuji Corporation

Takefuji Corporation, one of the largest consumer financing companies in Japan, petitioned the Tokyo District Court for corporate reorganization on September 28, 2010 and the court accepted the petition on the same day. The court immediately appointed a ...

Resource Article - global.abi.org - 10/04/2010 - 13:00 - 0 comments - 0 attachments

Nomura Objects To Consolidating Fight Over Lehman Derivatives

Japan's Nomura Holdings Inc. is objecting to Lehman Brothers Holdings Inc.'s attempt to consolidate legal action against Nomura's affiliates in three countries as the two investment banks battle over more than $1 billion of claims related ...

Daily Headline - global.abi.org - 06/11/2010 - 08:16 - 0 comments

Japan Air Aid Must Not Distort Competition, IATA Says

Japan Airlines Corp., restructuring under a 900 billion yen ($9.7 billion) state-backed plan, shouldn’t allow government aid to distort competition, the International Air Transport Association said. “Restructuring has to be fast and painful,” IATA Direct ...

Daily Headline - global.abi.org - 04/12/2010 - 09:43 - 0 comments

Japan Air Has Last Trading Day Following Bankruptcy

Japan Airlines Corp., the first major Asian flag carrier to file for bankruptcy, has its last trading day in Tokyo today, wiping out shareholders in a company that was worth more than $6 billion as recently as March, BusinessWeek reported. The carrie ...

Daily Headline - global.abi.org - 02/19/2010 - 00:19 - 0 comments

Willcom To File For Bankruptcy Protection

Willcom Inc. will file for bankruptcy protection with the Tokyo District Court on Thursday, initiating a pre-negotiated rebuilding process that will tap taxpayer money, the Nikkei business daily said. The personal handyphone system (PHS) service provider ...

Daily Headline - global.abi.org - 02/18/2010 - 07:42 - 0 comments

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