Asia/Japan - Page 3
Too many lawyers, too few cases for Japan
A government-engineered surge in the number of lawyers in the last 15 years has not created a good marketplace for law firms, says The Wall Street Journal.
Debevoise launches in Tokyo
International firm Debevoise & Plimpton has announced it is opening an office in Tokyo, with three lawyers relocating from New York.
Former Tepco executives indicted
Three former Tokyo Electric Power Company executives have been indicted this week for allegedly failing to take measures to prevent the tsunami-triggered nuclear meltdown at Fukushima in March 2011.
Japan could be the first country to classify Bitcoin as legal currency
The governing Liberal Democratic Party plans to submit legislation reclassifying bitcoin and other cryptocurrencies, which are currently considered commodities, to Japan's parliament by June.
Law firm launches group focuses on Japan's auto sector
The issues faced by the automotive industry in Japan has led to Baker & McKenzie (Gaikokuho Joint Enterprise) establishing a focus group for the sector.
Japan to extend privacy laws to protect genetic data
The Japanese government has decided to revise the country's privacy laws in order to clarify protections for personal genetic data, ending ongoing uncertainty around the legal status of genome-based information.
Japan at work on laws for driverless cars
The Japanese government and manufacturers are setting their sights on 'complete driverless driving', which would eliminate accidents caused by human error and ease traffic congestion.
Japan introduces drone rules as popularity grows
Japan made amendments to its Civil Aeronautics Act this month in order to allow the use of drones in areas where they are deemed safe.
King & Spalding adds fourth Ashurst partner to Tokyo office
The office is particularly intended to strengthen the firm's global energy practice, with all four of the Ashurst group being energy specialists.
Yakuza HQ raided over suspected fraud
Police have searched the Kobe headquarters of the Yamaken-gumi. It is the yakuza group's first police raid since it was ousted from the Yamaguchi-gumi, in a rupture of Japan's largest crime syndicate.
Japan charges Bitcoin exchange CEO with embezzlement
Japanese prosecutors have charged the head of collapsed Bitcoin exchange MtGox with embezzlement, amid allegations of fraud relating to the disappearance of hundreds-of-millions-of-dollars with of the virtual currency.
Toshiba admits losses after accounting scandal
After coming clean in its twice delayed annual results, it emerges that Toshiba overstated its profits by nearly US$2bn over seven years.
Japanese firm in IT start-up first with Bank of Tokyo-Mitsubishi
A medium-sized, Osaka-based law firm specialising in IP is setting up a joint programme with BoT-M, through which it will help to protect the products and systems of SMEs and venture companies in the high-tech sector.
Big Four Japanese firm opens fourth domestic office
Mori Hamada & Matsumoto, the Tokyo-based practice whose clients include Panasonic and Sanyo Electronics, is to open a three-lawyer base in Nagoya in September.
Sidley Austin and Squire Patton face accusations over alleged client perjury
The two law firms face accusations that they did not reveal alleged false testimony made by their client, Mitsubishi, in court hearings.
Lawyers play leading role in clear up of Toshiba profits scandal
Toshiba is including a lawyer in its six-person revitalisation committee whose aim is to prevent further improprieties occurring after recent revelations about the over-statement of profits for six years.
Top Japanese law firm embarrassed by Toshiba accounts scandal
The leading Japanese firm Mori Hamada & Matsumoto featured Toshiba in a corporate governance book it published in May, unaware of the fact that the company had been routinely overstating its results over the previous six years.
Harneys launches third Asian office in Tokyo
Offshore law firm Harneys has established an office in Tokyo as part of an expansion plan that saw the firm open its doors in Hong Kong in 2005 and in Singapore last year.
Baker adds arbitration partner in Tokyo
Baker & McKenzie has expanded its disputes practice with the hire of Joel Greer as a partner in its Tokyo office.
Unclear rules on warranty services complicate Japanese insurance market
The distinction between warranty and insurance services in Japan is far from clear - but it can be crucial for players in the market to understand the issues around it.
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