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Tokyo Dispute Resolution and Crisis Management Newsletter - May 2018

by King & Spalding on

California Dreaming or Nightmare? - Exposure to Unfair Competition Litigation in California - Consumers and businesses alike have a powerful tool in California: the Unfair Competition Law (“UCL”), California Business...more

New Japanese Report Provides Guidance for Initial Coin Offerings

by Morrison & Foerster LLP on

With over $12 billion raised via token offerings (also commonly referred to as cryptocurrency crowdfunding, initial coin offerings or “ICOs”) since 2014, and over 1,200 blockchain tokens (also commonly referred to as “digital...more

Currents - Energy Industry Insights - May 2018 #2

Oil Soars After Trump Nixes Iran Nuclear Deal, Stocks Rally - "Crude oil prices rose more than 3 percent on Wednesday after U.S. President Donald Trump's decision to withdraw from a nuclear accord with Iran, a move that...more

New regulation on merchant acquiring business under credit card transaction in Japan to be introduced 1 June 2018

by DLA Piper on

The amended Instalment Sales Act (ISA), which will become effective 1 June 2018, introduces a new registration category for merchant acquiring services in Japan. This amendment places a registration obligation on entities...more

Japan Renewable Energy Update - Offshore Wind Energy

by DLA Piper on

On March 9, 2018, the Japanese Cabinet submitted to the Diet a new bill designed to address several issues relating to offshore wind power projects in Japan. This new law, if enacted, is expected to help drive the Japanese...more

It’s Official: Employers in Japan Must Convert Some Fixed-Term Employment Contracts to Indefinite Status

Last month, Japan’s restrictions on fixed-term employment contracts took effect, and employees with at least five years of service with an employer can now be considered indefinite-term employees upon the expiration of their...more

Currents - Energy Industry Insights - April 2018 #4

EPA Announces a New Rule. One Likely Effect: Less Science in Policymaking - "The Environmental Protection Agency announced a new regulation that would restrict the kinds of scientific studies the agency can use when it...more

Japan Legal Update - Volume 35 | April 2018

by Jones Day on

Intellectual Property - Cabinet Approves and Submits to the Diet the Bill to Partially Amend the Unfair Competition Prevention Act - On February 27, 2018, the Japanese Cabinet approved and submitted to the Diet the...more

Japan Will Allow U.S. Corn Ethanol Imports To Reach GHG Reduction Targets

by Bergeson & Campbell, P.C. on

On April 17, 2018, it was announced that Japan’s new biofuel policy will allow imports of ethyl tert-butyl ether (ETBE) made from U.S. corn-based ethanol. Japan has updated its sustainability policy to tighten the carbon...more

Japan: Defendant shelved – IP High Court judgement finds for unfair competition

by Hogan Lovells on

The Intellectual Property High Court (IPHC) rendered a judgement on 29 March 2018, granting a permanent injunction on the sale of shelving units marketed by the defendant....more

Nichi-Iko Completes Biosimilar Production Facility for Japanese, U.S. Markets

by Goodwin on

Last week, Japan-based Nichi-Iko Pharmaceutical Co. announced the completion of a biologics production facility in Osong, South Korea by its Korean affiliate Aprogen Biologics “[t]o provide a stable supply of premium quality...more

Tokyo Dispute Resolution and Crisis Management Newsletter - April 2018

by King & Spalding on

Introduction - Recent actions involving conduct in Asia highlight the increasing complexity and global coordination of anti-corruption efforts. Though large settlements with Odebrecht and Braskem in 2016 have kept the...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

It was a busy Thursday in the big pharma world, with drugmaker Shire rejecting a $60 billion takeover offer from Japan’s Takeda, while US rival Allergan disclosed that it was considering a bid of its own for Shire....more

Japan's plea bargaining system

by Hogan Lovells on

A new plea bargaining system – offering reduced penalties to companies that report certain violations and cooperate with government investigations – will come into effect in Japan this June, reflecting an amendment to the...more

Recent Developments in Activist Investing in Japan

by White & Case LLP on

Activist investor Oasis Management receives 90% approval for its proposals from minority shareholders at Tokyo Stock Exchange (ticker: 9449) listed GMO Internet Global activist investor trends in recent years...more

Gun-jumping and Procedural Compliance

by Shearman & Sterling LLP on

The EU and U.S. competition authorities have been and remain active in enforcing gun-jumping cases, while in recent years other competition authorities across the world, including in China, have also become increasingly...more

Overtime Work Salary for Annual Salary Scheme Employees

by K&L Gates LLP on

Employees in Japan are generally paid a fixed monthly salary and may be eligible for overtime payments when working outside ordinary business hours or on public holidays. Overtime is usually calculated on an hourly basis....more

Cyborg-Enhanced Physical Therapy Approved

by Knobbe Martens on

Cyberdyne, Inc. recently announced FDA marketing approval for its Medical HAL [Hybrid Assistive Limb] therapeutic device and services. Cyberdyne describes itself as a Japanese company founded by Professor Yoshiyuki Sankai of...more

Want A Baby? Line Up By Seniority, Please.

Yikes. Sounds like Japan is past due for a Pregnancy Discrimination Act. According to the Daily Mail, workers in Japan who want to get pregnant are expected to do it in order of seniority (meaning, "time on the job" rather...more

Japan: Revisions to the Trademark Examination Manual

by Hogan Lovells on

The Japan Patent Office (JPO) announced in March that some revisions would be made to the Trademark Examination Manual on 2 April, 2018. Main points of the revision are as follows: Among these four, the first will have the...more

Japan Invests in Astronautical Start-ups

Michael Sheetz of CNBC reports “Japan is offering $940 million to fund space start-ups in a new push to grow the industry, the government announced Tuesday at an event in Tokyo” and that “funds will be made available through...more

Japan Legal Update - Volume 34 | March 2018

by Jones Day on

Corporate Governance - Subcommittee Prepares Interim Proposal for Amendment to the Companies Act - On February 14, 2018, the Companies Act (in relation to Corporate Governance, etc.) Sub-Committee of the Legislative...more

An Introductory Guide to Arbitration in Asia - March 2018

by Morgan Lewis on

Commercial parties, when entering into a contractual relationship, will have to address three key issues when negotiating the dispute resolution (or jurisdiction) clause. First, whether to resolve those disputes by...more

The Technology, Media & Telecommunications Review, Eighth Edition - Japan

by Latham & Watkins LLP on

This fully updated eighth edition of The Technology, Media and Telecommunications Review provides an overview of evolving legal constructs in 26 jurisdictions around the world. It is intended as a business-focused framework...more

Japanese Supreme Court Issues Precedent-Setting Decision Interpreting the Japan Arbitration Act

by Morrison & Foerster LLP on

The Supreme Court of Japan recently issued a precedential decision interpreting, for the first time, the arbitrator disclosure requirements of the Japan Arbitration Act (the “Arbitration Act”). The Supreme Court held that...more

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