This article addresses an ongoing dispute in the study of Japanese law, regarding the proper explanation for Japan's historically low litigation rates. Recent debate in this area has been dominated by the work of John Haley and Mark Ramseyer, who have presented strong evidence of the existence...

As in many other countries, the Japanese government has been keen on both inviting foreign direct investment into the domestic market and protecting against the threat to the public interest that could be caused by foreign ownership. As compared with the discussions in Europe and the US, the...

This paper presents an overview of the Japanese system to deal with the distress of banks, providing a classification of the regulation and remedies based on the level of systemic risk of the troubled entity. The paper differentiates between the types of actions available and analyses in detail...

Under certain circumstance, a relaxation in occupational licensing standards can increase the quality of those who enter the industry. The effect turns on the opportunity costs of preparing for the licensing examination: making the test easier can increase the quality of those passing if it...

New Zealand lawyers are dealing increasingly with Japan, and with its big corporations. This article discusses points of interest which arise, e.g. Cross-cultural overview, the status of the merchant, the development and use of law, Japanese strength of tradition and how Japan and its business...

This paper challenges the classical view on the role of litigation in Japan by examining a particular type of litigation, namely private antitrust litigation. It shows that the widely held idea that antitrust litigation in Japan is rare only holds when compared to the US, not Europe. The...