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The drastic reform of the Japanese Civil Code for the first time in 120 years that brings about major changes to the rights of creditors

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The drastic reform of the Japanese Civil Code for the first time in 120 years that brings about major changes to the rights of creditors

Shinnosuke Fukuoka and Takahiro Kato co-authored an article entitled "The drastic reform of the Japanese Civil Code for the first time in 120 years that brings about major changes to the rights of creditors" which appeared in the September 2017 edition of Insolvency and Restructuring International, published by the IBA.

Authors

福岡 真之介

In the area of Robotics/Artificial Intelligence, Shin Fukuoka mainly handles AI, Big Data and IoT. He acts as a Member of The Cabinet Office’s “Committee on Human-centered AI Social Principles” and Committee Member of the Ministry of Economy, Trade and Industry Investigative Commission on "The AI and Data Contract Guidelines Review Committee". In the area of Corporate, he mainly handles M&A and Corporate Governance. In the area of Restructuring/Insolvency, he has been involved in numerous restructuring and insolvency cases, with a focus on cross-border insolvency cases, representing both debtor parties and creditor parties. Most recently, he represented Daiichi Chuo Kisen Kaisha and Japan Airlines as a legal counsel of the debtor and Elpida, Takefuji and Mt.Gox as a creditor’s counsel. He has also contributed to many publications, including "Law and Strategy of the Internet of Things and Artificial Intelligence", "Artificial Intelligence: Law and Issues" and "Data Contract Law".

加藤 貴裕

Takahiro has been engaged in a wide variety of restructuring cases from out-of-court workouts to judicial bankruptcy proceedings. He has also handled disputes and litigations in relation to both bankruptcy cases and general corporate matters. In each case, his focus is on leading clients in the right direction and ultimately securing optimal solutions for them.

With two years of experience as a secondee to the credit division of one of Japan’s largest banks, he understands how creditors think and act when borrowers face insolvency situations.

He also spent three years in the U.S., attending law school for a year and working as a trainee at a U.S. law firm handling both litigation and M&A cases for two years. Utilizing this experience, he has advised clients in international M&A and other transactions.