Settlement of mortgage as gratuitous act

Background
Facts
Decision


On March 1 2011 Tokyo District Court issued a decision which admitted the right of avoidance exercised by the court-appointed administrator of a corporate debtor in possession under civil rehabilitation proceedings, where the debtor company had settled a mortgage for a financing company as the real guarantor of its parent company.

Background

Filed under:
Japan, Banking, Insolvency & Restructuring, Jones Day, Debtor, Mortgage loan, Debtor in possession
Authors:
Rika Sato
Location:
Japan
Firm:
Jones Day
Supreme Court ruling on reimbursement claims for salary payments

Background
Facts
Lower court decisions
Supreme Court decision

Filed under:
Japan, Insolvency & Restructuring, Litigation, Jones Day, Bankruptcy, Debtor
Authors:
Rika Sato
Location:
Japan
Firm:
Jones Day
Supreme Court rules on rights of retention

Summary
Background
Facts
Lower court judgments
Supreme Court judgment
Comment


Summary

Filed under:
Japan, Banking, Insolvency & Restructuring, Litigation, Jones Day, Debtor, Clearing house (finance), Debt
Authors:
Rika Sato
Location:
Japan
Firm:
Jones Day
When is a company split a fraudulent act?

Introduction
Facts Facts
Decision
Comment


Introduction

Filed under:
Japan, Insolvency & Restructuring, Litigation, Jones Day, Surety, Debtor, Fraud, Liability (financial accounting)
Authors:
Rika Sato
Location:
Japan
Firm:
Jones Day