The taught modules offered on the LLM programme vary from year to year. Please check the full list of taught modules list for details of modules running in specific academic years. We make every effort to ensure that every module will be offered, but modules are subject to change and cancellation. You are therefore advised to check this site regularly for further updates throughout the year preceding entry to the LLM programme.
JAPANESE COMMERCIAL LAW: CORPORATE AND BUSINESS ENVIRONMENT (LAWSG096) Credit value: 30 credits (12 ECTS)
Assessment method for UCL Master students: Three-hour unseen written examination
Assessment method for SIL students: Two-hour unseen written examination
The module covers areas of Japanese law which are relevant to foreign Investment into Japan. It focuses on the new Company Law of 2005 which has totally replaced the previous law of a German origin and instead, became closer to US law (see Hiroshi Oda, “Americanisation of Japanese Company Law?” in Rabels Zeitschrift für vergleichendes Privatrecht, 2005). Changes introduced by the reform will be critically analysed. Corporate governance and M&A are core topics in the module. The module also covers related reforms in securities law (Securities and Exchange Law was replaced by the new Financial Products Transaction Law) and insolvency law.
Japanese Law has gone through substantial changes since the mid-1990s. In almost every area, new laws were enacted or existing laws underwent major amendments. This module is designed to cover these changes in the past decade.
No knowledge of Japanese is required. The manuscript of the third edition of Oda, Japanese Law, Oxford University Press. 2009, will be provided.
Introduction to Japanese Law
(Sources of law, the “justice system reform”, legal profession)
Japanese Law as part of the Romano-Germanic System and the Influence of US Law (Codification, post-War Reform, the “Regulatory Reform”)
The Civil Code as the Core of the System of Private Law (The Concept of Juristic Acts)
Contract Law/Law of Obligations
The New Companies Act of 2005(Americanisation of the Company Law)
M&A and Defensive Measures in Japan
The “Financial Big Bang” and the New Financial Instruments Exchange Law
The Anti-Monopoly Act (Competition Law)
New Labour Contract Law
Dispute Settlement (Court Procedure and Arbitration)
Japanese Commercial Law, 3rd edition, Oxford University Press
Preliminary reading: to be confirmed
Other information: N/A
Prizes for this module: There are currently no prizes available for this module.
The application process for the 2013-14 academic session is open.
The deadline for applications to be received has been extended to Monday 1 July 2013
Please refer to the How to apply section for information on the application process.