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New Court Ruling in the Kyoto District Court on Capital Raising by way of Third Party Allotment

NO&T Japan Legal Update

著者等
木村聪辅
出版社
长岛・大野・常松律师事务所
书籍名或刊登
杂志
NO&T Japan Legal Update 第15号(2018年11月)
语言

英文

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请注意,本简报的目的是提供信息,并非提供法律建议。另外,本简报仅包括根据发行日(制作日)时点的信息,不包括该时点之后的信息。特别是速报可能会与现状的解释或惯例不同,敬请留意。

I. Summary
On March 28, 2018, the Kyoto District Court ruled in favor of a shareholder’s petition that a listed issuer company cease an offering of its new shares by third party allotment as the offering was being conducted by an “extremely unfair method”, even though this offering was approved by a resolution at the company’s shareholders’ meeting.

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