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Followings are important decisions on Japanese Insolvency Law.

Insolvency law in Japan is thoroughly reformed from 2000 to 2004. Therefore many decisions have now no importance at all. But some of the decisions are still important even after the law reform. We selected such decisions which are still effective.

1. Liquidation Procedures (Bankruptcy)

1.1. Commencement Requirements

1.1.1. Conditions for commencement

1.2. Consequences of Commencement

1.2.1. Assets of the “estate”

1.2.2. Protecting the “estate”

1.2.3. Representative suit

1.3. Proceedings: Specific Issues

1.3.1. Treatment of codebtors

1.3.2. Avoidance of pre-commencement transactions and transfers

1.3.3. Treatment of Contract

1.3.4. Liquidation and Distribution

2. Rehabilitation Procedures

2.1. Content of Rehabilitation Plans

2.2. Approval of rehabilitation plans

2.3. Treatment of Encumbered Assets and Secured Creditors

3. Institutions and Participants

9. Miscellaneous

9.1 Tax

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