On April 16, Mt. Gox’s civil rehabilitation proceeding in Tokyo (something similar to a U.S. Chapter 11) was dismissed and the initial stages of a bankruptcy liquidation under Japanese law began. An Interim Administrator (Nobuaki Kobaysahi) has been named until
How Japan Copied American Culture and Made it Better | Travel | Smithsonian
When I headed to Osaka a few months ago, my friend Nick Coldicott, who lives in Tokyo, urged me to visit what he contends is the best bourbon bar in the world: Rogin s Tavern. Knowing Nick s command of…
Mt. Gox’s Legal Problems Lead to Bankruptcy and Increased Scrutiny
On February 28, 2014, Mt. Gox, the oldest Bitcoin exchange, filed for bankruptcy reorganization under Japanese law, toppling from its place in the Bitcoin community to insolvency. This filing confirmed rumors of financial troubles spawned by Mt. Gox’s sudden suspension…
Letter From the Editor: Algorithms and Analytics
By Dan Flynn
Most people probably don’t buy more than about one refrigerator every decade or so. This past summer, for reasons too long to explain, I bought a couple of big ones within a couple days of each other. It was after…
Photographer Charged Over Pictures Taken In Cemetery
Tokyo prosecutors have charged Japanese photographer Kishin Shinoyama with public indecency for taking photographs of a nude woman in a cemetery in the city. Such a charge carries a penalty of prison or a fine. Read more here in an AP/MSNBC story.…
Attitudes About Paternity Leave
By Family Law
The BBC reports on one Japanese official's attempt to change attitudes about leave time for the birth of a child.A district mayor in the Japanese capital, Tokyo, is going on paternity leave on Saturday, the first local government leader ever…
Japanese Authorities Move Quickly in White Collar Case
By Ellen Podgor
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By Ellen Podgor
Investigation into alleged white collar criminal activity is not unique to the United States. According to the Wall Street Journal here, Tokyo prosecutors "raided" the Livedoor Co. in a securities investigation. The Journal noted that the President of this…