The Supreme Court Decision about the Agreement on the Right of Separate Satisfaction dated June 5, 2014, and Agreements on the Right of Separate Satisfaction in the Future

Authors： Tomohiro Kitano
Magazine/Book：Ginko Homu 21, No. 783
Date of publication： March, 2015

2023.01.31: Signs of the Introduction of a Majority Vote-based Out-of-Court Liquidation Procedure – The Direction of New Legislation for Business Restructuring -

2022.05.09: Guidelines Concerning Business Revitalization, etc. of Small and Medium Enterprises (2) - Out-of-Court Restructuring Proceedings

2021.09.14: Establishment of Provisions for Pre-DIP Financing and Protection of Commercial Claims in the Rehabilitation Support Procedures under the Small and Medium Enterprises Turnaround Support Committee Scheme

2020.08.11: Various Issues Anticipated in Business Restructuring Cases after the Novel Coronavirus Pandemic

2018.08.14: A case in which the Court held that, if a bankruptcy creditor has been partly repaid for its claims by a third-party collateral provider after the commencement of the bankruptcy proceedings, and the amount of distribution calculated on the claim amount that was fixed as of the commencement of the bankruptcy proceedings exceeds the remaining amount of claims under the substantive law, the distribution should be made for such exceeding portion.

2018.07.10: Provisions on Points to Consider for Commercial Receivables in ADR Procedures for Business Revitalization – Amendment of the Act on Strengthening Industrial Competitiveness

2018.05.01: Learning about the Amendment to Laws on Obligations through Case Studies

2015.03.03: Supreme Court’s Judgment dated June 5, 2014 concerning the Right of Separate Satisfaction and Its Implications on such Agreements in the Future