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Running head: SHAREHOLDER DERIVATIVE LAWSUITS IN JAPAN
Shareholder Derivative Lawsuits in Japan
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Shareholder Derivative Lawsuits in Japan
The Companies Act of Japan (Companies Act) was originally adopted in 1899. According
to Fujita (2008), there were no successful lawsuits until the amendment of the commercial code
following a ruling of the Tokyo High Court in Asai v. Iwasaki et al. in 1993. The amendment
reduced filing fees to …
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