Law360, July 15, 2011 — Partners
Atsushi Yamada,
Yoshi Shibata,
Daniel Savrin and
Satoru Murase and of counsel
Hiroshi Iyori co-authored the alert, “
Japan Update: New Japanese Merger Review Rules, Economic Development Legislation — Efforts to Attract Foreign Investment Into Japan,” which discusses Japan’s efforts to encourage foreign investment in the wake of the March 2011 Tohoku earthquake. Although the earthquake’s full effect on the Japanese economy and government policy won’t be known for months, the authors expect its broad impact to lead to substantial consolidation and a realignment of industries. “The focus on revitalization of the Japanese economy and the earthquake crisis may result in greater long-term change in Japan,” they concluded. “Companies with operations or investments in Japan would be wise to carefully monitor the implementation of the merger guidelines, the new amendments and the post-earthquake efforts to revitalize the Japanese economy.”