Success Stories: Acquire Japanese Companies Using Japan's Bankruptcy Process
18 May 1999
Success Stories: Acquire Japanese Companies Using Japan's Bankruptcy Process
NEW YORK--May 18, 1999--SUCCESS STORIES:JAPAN Contributors Offer a Primer On Using
the Bankruptcy Process to Make Japan Acquisitions, Just Like
Merrill Lynch, Cargill and GE Capital
Foreign companies wishing to enter or grow in Japan can acquire good Japanese companies if they understand how to use Japan's bankruptcy process, say Bonnie Dixon and Mark Broude, partners at New York-based law firm Schulte, Roth and Zabel, LLP. Get the May issue of SUCCESS STORIES:JAPAN and begin to understand the basics.
In Part Two of a two-part special, Dixon and Broude contribute their expertise and discuss the main legal forms of formal bankruptcy in Japan. In doing so, they point out many of the key differences sbetween bankruptcy in the US and in Japan, and how to capitalize on those differences to consummate a strategic acquisition. Any global corporation wishing to consider bankruptcy as a means to gain distribution and market position in Japan, as GE Capital , Merrill Lynch and Cargill have recently done, shouldn't miss this article.
The May issue also features two extensive interviews with executives of foreign companies growing their business in Japan. Ron Greenberg, VP Marketing for IBM Asia/Pacific , explains how IBM adapted its widely-seen 'E-Business' ads for Japan, while Frank Ruffo, Executive Vice President of Sanyo Emeritus (AMEX:ESC), discusses Emeritus' entry into Japan's burgeoning assisted-living senior housing market through its joint venture with Sanyo Electric.
In addition, May's issue measures how Japan-bound airfares have changed as a result of last spring's Japan-US airline agreement, and also provides distributor hints for foreign companies interested in expanding in Japan's retail food market.
SUCCESS STORIES:JAPAN is an executive newsletter exclusively devoted to helping non-Japanese companies in any industry succeed in Japan. It provides executives and CEOs with marketing ideas and fresh, detailed business solutions from non-Japanese executives who regularly conduct successful business there. It's also used as a management training tool by leading corporate and university executive programs. SUCCESS STORIES:JAPAN is completely independent and regularly offers surveys, news and information that supplement its detailed profiles of unique Japan business strategies.
To order SUCCESS STORIES:JAPAN or for more information, visit www.SuccessStories.com/sshome.htm or e-mail CustSvc@SuccessStories.com.