Japan

Results for Japan

Takefuji Debt Holders Approve Rehabilitation Plan

Failed Japanese lender Takefuji said on Monday its debt holders approved a court-led rehabilitation plan, overcoming opposition from a group of overseas creditors who had sought liquidation of the company in hopes of achieving higher repayment rates, Reu ...

Daily Headline - global.abi.org - 10/31/2011 - 15:48 - 0 comments

Tokyo Is Close to Providing Aid to Keep Tepco Afloat

The Japanese government is expected to approve financial assistance to Tokyo Electric Power Co. this week, after the embattled utility sought about ¥1 trillion, or about $13 billion, in public funds Friday to deal with compensation claims from the disast ...

Daily Headline - global.abi.org - 10/30/2011 - 23:11 - 0 comments

Japan's Suncity Files For Bankruptcy Protection

China's massive economic-stimulus program has supported near double-digit growth, but also Suncity Co , a condominium developer based in Japan's quake-hit northeast, said it filed for bankruptcy protection with the Sendai District Court on Mond ...

Daily Headline - global.abi.org - 09/26/2011 - 21:40 - 0 comments

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 - 11:52 - 0 comments - 0 attachments

JAL Low-Cost Venture Aims To Learn From Past Mistakes

Plowing ahead with plans to return the company to the stock market by the end of the next fiscal year, the head of Japan Airlines Corp. said Monday its low-cost joint venture can learn from--and avoid--painful mistakes made by other well-established U.S. ...

Daily Headline - global.abi.org - 08/22/2011 - 22:09 - 0 comments

Global Bank Buys $123 Million SCF Loan Book

South Canterbury Finance receivers have sold another chunk of the failed lender’s business but the return to the taxpayer has been kept confidential, The National Business Review reported. Japanese investment bank Nomura has acquired South Canterbury ...

Daily Headline - global.abi.org - 08/15/2011 - 22:38 - 0 comments

Europe Debt Poses Little Threat to Japan, but Risks Remain

As U.S. and European sovereign-debt concerns menace some of the world's biggest financial institutions, their Japanese counterparts are seen as less vulnerable given their small exposure, The Wall Street Journal reported. But other potential pro ...

Daily Headline - global.abi.org - 08/11/2011 - 22:55 - 0 comments

Japan Court Approves Plan For Failed Lender Takefuji

A Japanese court on Friday approved a rehabilitation plan for failed consumer lender Takefuji, allowing the company to tie up with Korean consumer lender A&P Financial, according to Takefuji's website, Reuters reported. The plan, submitted by Ta ...

Daily Headline - global.abi.org - 07/24/2011 - 13:05 - 0 comments

Tepco Management Under Fire At Stormy Shareholders Meeting

In a marathon six-hour session, more than 9,000 shareholders of embattled Tokyo Electric Power grilled management over alleged failures in handling the crisis at the Fukushima Daiichi plant in northern Japan, but refused to back a proposal demanding an e ...

Daily Headline - global.abi.org - 06/28/2011 - 20:01 - 0 comments

In re Iida, 377 B.R. 243 (B.A.P. 9th Cir. 2007)

Wed, 09/26/2007 (All day) Japanese bankruptcy proceeding. ...

Chapter 15 Case Law - abi_admin - 07/01/2011 - 15:54 - 0 comments - 1 attachment

Syndicate content