CORPORATE GOVERNANCE

During these 10 years or so, there have been many statutes and regulations newly established and amended, and important case laws have been changed in specific legal areas. They were not seen in the past. Thus, business entities are recommended to pay close attention to these legal changes in Japan to avoid risk and damages.

Corporate governance does not only mean governance with laws and regulations because they require business to comply with, but also mean protection and further development of the actual business in legal and economical aspects, because, by complying with laws and regulations, the business can avoid troubles and damages and have advantageous foothold using laws and regulations, especially ones not well known. Further, appearance of comliance with laws and regulations gives the business high credit.

Earth& Law Firm deals with generel business matters, corporate governance, litigation, making contract, international law, labor law, real estate, mergers and acquisitions, intellectual property, IT law, private information protection law, consumer law, medical law, entertainment law, criminal case, bunkruptcy and reorganization, debts collection, immigration, etc. We are providing services to foreign business entities.

CONTRACT

We are now preparing a contract. Generally, what should we care about?

Generally speaking, there are many factors (e.g. your position in relation to the opposite party, what you must have, what you want, what you want to avoid) to take into consideration to execute a contract. So we recommend you to first list out these matters and refrect them into the contract provisions.

Are there diferences between U.S.law and Japanese law in making contracts?

Yes. There are many diferences between them. Mainly, the situations requiring the contract written is different and to execute a contract generally consideration is not required in Japan.