An American lawyer talks about what he learned in response to the bankruptcy cases of Yamaichi Securities and Kanebo after the burst of the Japanese bubble economy.

A Japanese lawyer active in the U.S. takes a sharp look at business in these turbulent times.

The theme this time is "What I learned in response to the bankruptcy cases of Yamaichi Securities and Kanebo after the burst of the Japanese bubble." In the early 90s, Japan experienced the bursting of the bubble economy, and a number of leading Japanese companies went bankrupt. I look back on those days from my experience acting as an agent for such a company.

Saito Law Group PLLC

Yasuhiro Saito, Managing Partner

Corporate Litigation, Corporate Misconduct, White Collar Crime Defense and Corporate Counsel in the U.S.

Graduated from Keio University Faculty of Law, Department of Law (1989), St. John's University Law School (JD, 1992).Federal Judge Law Clerk (Western New York, 1992-1994) (specially assigned to a position normally only allowed to US citizenship holders).He has been a litigation partner and litigation practice leader at a major New York law firm (Carter Ledyard & Milburn, Hughes Hubbard & Reed) (1994-2011).Established SAITO LAW GROUP PLLC specializing in corporate proceedings and scandals and US advisors to companies (2011).One of the few Japanese lawyers who has actually stood in court and defended important legal proceedings of a company. Many prominent projects have been dealt with, including Arthur Andersen, Lehman Brothers, Olympus, and the Iran hostage exchange case in the United States. As a US corporate advisor, he frequently advises on legal risk management, internal control, compliance, and regulatory compliance, and has extensive experience as a proxy for various corporate projects. In addition to holding legal seminars for companies, he is also a lecturer at the New York Law School and Bar Association teaching argumentation skills at trials. At his alma mater law school, He established a scholarship to train younger generations.