Best Restructuring & Insolvency Lawyers in Chiyoda-ku

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

CITY-YUWA PARTNERS
Chiyoda-ku, Japan

Founded in 2003
50 people in their team
Japanese
English
City Yuwa Law Office was established in February 2003 through the merger of Tokyo City Law and Tax Office (legal department) and Yuwa Partners Law Office. At the former Tokyo City Law and Tax Office, he focused on civil dispute resolution such as litigation, real estate matters, and bankruptcy...
MORGAN LEWIS & BOCKIUS LLP
Chiyoda-ku, Japan

Founded in 1873
5,000 people in their team
Japanese
English
OUR FIRMAt Morgan Lewis, we work in collaboration around the world-always ready to respond to the needs of our clients and craft powerful solutions for them.From our offices in strategic hubs of commerce, law, and government across North America, Asia, Europe, and the Middle East, we work with...
CLIFFORD CHANCE
Chiyoda-ku, Japan

Founded in 1987
10,000 people in their team
Japanese
English
We are one of the world's largest law firms, with significant depth and range of resources across five continents.As a single, fully integrated, global partnership, we pride ourselves on our approachable, collegial and team-based way of working.  We always strive to exceed the...
MASUDA & PARTNERS LAW OFFICE
Chiyoda-ku, Japan

Founded in 2008
50 people in their team
Japanese
English
Masuda & Partners Law Office was established in February 2008, led by founding attorney Eiji Masuda. Since that start, our firm has been involved in numerous domestic and international matters, mainly in the areas of corporate legal affairs, business-to-business disputes, and intellectual...
MORRISON FOERSTER
Chiyoda-ku, Japan

Founded in 1883
5,000 people in their team
Japanese
English
Morrison Foerster transforms complexity into advantage. With our collective intelligence, we shape powerful legal strategies that move your business forward while living our shared values.We solve your most critical multidimensional challenges in a way that provides clarity around the risk you are...
HIRATSUKA & CO
Chiyoda-ku, Japan

Founded in 1976
50 people in their team
Japanese
English
About UsHiratsuka & Co. is a Tokyo law firm providing a full range of domestic and cross-border Japanese legal services.We are known for our clear and sensible advice, which is supported by our wealth ofexperience, thorough research and commitment to providing the highest standards ofprotection...
MORI HAMADA & MATSUMOTO
Chiyoda-ku, Japan

Founded in 2002
50 people in their team
Mori Hamada & Matsumoto is a full service law firm that has served clients with distinction since its establishment, in December 2002, by the merger of Mori Sogo and Hamada & Matsumoto. Even as business conditions have rapidly shifted both within Japan and internationally, the firm’s goal...
AS SEEN ON

About Restructuring & Insolvency Law in Chiyoda-ku, Japan

Restructuring and insolvency law in Chiyoda-ku, Tokyo, governs the legal processes available to individuals and companies facing financial distress. Chiyoda-ku, being a major commercial and administrative district in Tokyo, is home to numerous corporations, financial institutions, and professionals who may encounter challenges related to debt, restructuring efforts, or bankruptcy. Japanese insolvency and restructuring procedures are primarily regulated by national laws, including the Civil Rehabilitation Act, Corporate Reorganization Act, and Bankruptcy Act. These procedures offer both debtors and creditors legal tools for managing debts, recovering assets, and facilitating business survival or orderly closure.

Why You May Need a Lawyer

Seeking legal help in the field of restructuring and insolvency can be essential in a variety of situations in Chiyoda-ku. Common scenarios include:

  • Business owners facing overwhelming debts or cash flow problems and seeking to reorganize their operations
  • Companies wishing to negotiate with creditors to restructure existing debt obligations
  • Individuals whose personal debts have become unsustainable
  • Creditors seeking to recover outstanding payments through bankruptcy proceedings
  • Directors worried about legal responsibilities when their company is insolvent
  • Foreign investors or companies needing guidance on Japanese restructuring rules

A lawyer provides crucial guidance on the best legal options, prepares necessary documents, negotiates with creditors, and ensures compliance with Japanese regulations.

Local Laws Overview

Chiyoda-ku falls under the jurisdiction of Tokyo and the relevant national statutes for insolvency and restructuring. The key legal frameworks are:

  • Civil Rehabilitation Act: Focuses on allowing struggling but potentially viable companies and individuals to rehabilitate their finances through court-approved plans while continuing operations.
  • Corporate Reorganization Act: Primarily applied to large, stock company type corporations, this act aims for thorough restructuring under strict court supervision to protect creditors' interests.
  • Bankruptcy Act: Used when there are no prospects for rehabilitation, leading to liquidation of assets to pay creditors.
  • Special Liquidation: A simplified liquidation process under the Companies Act for cases where insolvency is not contested.

Chiyoda-ku is also home to important courts, including the Tokyo District Court, which frequently handles large and complex insolvency cases. Local bar associations and insolvency specialists are accessible in the area for consultations.

Frequently Asked Questions

What are the main types of insolvency procedures in Japan?

There are three main procedures: Civil Rehabilitation, Corporate Reorganization, and Bankruptcy. These are available depending on the debtor's type and financial situation.

Is it possible for an individual to apply for bankruptcy in Chiyoda-ku?

Yes. Individuals overwhelmed by personal debt may petition for bankruptcy before the relevant local court, including the Tokyo District Court.

What is civil rehabilitation, and who can use it?

Civil rehabilitation is a court-supervised process allowing both individuals and businesses to propose a plan for debt repayment and continue their activities under court protection.

Are creditors' rights protected during insolvency proceedings?

Yes, Japanese insolvency laws include strict procedures to protect creditors' rights and ensure fair asset distribution based on legal priorities.

How long does an insolvency process typically take?

Timelines vary depending on the procedure. Personal or small company bankruptcies are usually resolved in several months, while corporate reorganizations may take one year or longer.

What are the potential consequences for company directors during bankruptcy?

Company directors may face investigation for mismanagement or fraud. However, appointing a lawyer early can help ensure compliance with duties and reduce exposure to personal liability.

Can foreign creditors participate in Japanese insolvency proceedings?

Yes. Foreign creditors are entitled to file claims and participate in insolvency proceedings, but may need local legal representation or guidance on procedures.

Is restructuring always preferable to bankruptcy?

Not always. Restructuring is suitable when the business is viable and can recover, whereas bankruptcy may be the best option when there is no hope of recovering the business.

What documents are required to start an insolvency process?

Commonly requested documents include financial statements, lists of assets and liabilities, accounting records, company registration certificates, and lists of creditors.

How much does it cost to hire a restructuring and insolvency lawyer in Chiyoda-ku?

Fees vary based on complexity, the size of the entity, and lawyer experience. Many lawyers offer an initial consultation to discuss your options and associated costs before proceeding.

Additional Resources

Individuals and organizations in Chiyoda-ku seeking information or support for restructuring and insolvency can consider the following resources:

  • The Tokyo District Court - handles major insolvency cases
  • Tokyo Bar Association - offers lists of qualified lawyers and legal consultation services
  • Japan Federation of Bar Associations (Nichibenren) - provides detailed guides and resources
  • Small and Medium Enterprise Agency (Chusho Kigyocho) - support on company restructuring and advice for business owners
  • Legal Aid Japan (Houterasu) - offers information and potential financial assistance for qualified individuals

Next Steps

If you require legal assistance with restructuring or insolvency matters in Chiyoda-ku, consider the following steps:

  1. Identify your needs - whether as an individual or business
  2. Gather relevant documents - such as financial statements, debt summaries, and business registration
  3. Contact a qualified restructuring and insolvency lawyer in Chiyoda-ku - look for professionals with experience in the specific procedure you require
  4. Book an initial consultation - discuss your situation, legal options, timelines, and costs
  5. Cooperate with your lawyer to prepare filings and meet legal requirements
  6. Stay informed of court dates and creditor meetings, and follow your lawyer’s advice at every stage

Navigating insolvency and restructuring can be challenging, but with early expert legal support, you can protect your interests and work towards the best possible outcome.

Lawzana helps you find the best lawyers and law firms in Chiyoda-ku through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Restructuring & Insolvency, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Chiyoda-ku, Japan - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.