• Introduction
• Background
• Decision

• Introduction
• Background

In brief

• Introduction
• Background

• Introduction
• Background

In brief

In Japan, any out-of-court workout requires the unanimous consent of all creditors to a restructuring plan. On 4 October 2022, the Japanese government announced that it is considering introducing new out-of-court workout rules. Under the proposed new rules, a restructuring plan will be binding if a majority vote of creditors and confirmation of the court is obtained. Such a majority rule is a common feature amongst schemes of arrangement in many other countries.

In more detail

• Introduction
• Recent case
• Court's obiter comments
• Comment

Introduction

• Introduction
• Background

• Introduction
• Application for permission to appeal

• Introduction
• Background