| Budget Amount *help |
¥4,290,000 (Direct Cost: ¥3,300,000、Indirect Cost: ¥990,000)
Fiscal Year 2019: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2018: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2017: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
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| Outline of Final Research Achievements |
In this research project, I clarified many theoretical and practical problems which Japan and other countries face in cases of cross-border insolvency and showed solutions to them.
For instance, I found that cooperation between domestic and foreign courts and cooperation between domestic insolvency representatives and foreign courts are critical to deal with many cases in cross border insolvency, especially those relating to insolvency of group enterprises. In addition, I showed concrete elements which receiving courts should consider in deciding whether recognition of foreign insolvency proceedings or foreign insolvency-related judgments should be against public policy of Japan.
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