Title: Civil Execution System and Insolvency System
Abstract:This Article will discuss, in broad terms, the relationship between civil execution proceedings and insolvency proceedings in Japan. It is suggested that civil execution proceedings, and in particular...This Article will discuss, in broad terms, the relationship between civil execution proceedings and insolvency proceedings in Japan. It is suggested that civil execution proceedings, and in particular quickly and appropriately exercising security interests, are important for smooth insolvency proceedings. Since winding up a business entity through insolvency proceedings leave no means for a creditor to collect their debts, it is suggested that treating diligent creditors, who go through the time and expense in establishing a security interest, more advantageously than general creditors is reasonable.Read More
Publication Year: 2010
Publication Date: 2010-01-01
Language: en
Type: article
Indexed In: ['crossref']
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