East Asia - Japan

Nagashima Ohno & Tsunematsu

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Nobuaki Kobayashi co-leads the team at Nagashima Ohno & Tsunematsu, which maintains a stellar reputation in the workout and turnaround market, with the team regularly advising on out-of-court matters. The group also draws on its cross-practice experience, such as its experience in technology-related matters, having advised on the civil rehabilitation proceedings of cryptocurrency exchange MtGox. The practice continues to advise an increasingly diverse number of clients on both the debtor and sponsor side, as well as major banks and financial institutions. Kobayashi has expansive experience in acting in high-profile proceedings such as large-scale corporate reorganisations, as well as in out-of-court workouts both in Japan and overseas, and practice co-head Yosuke Kanegae represents numerous listed companies in out-of-court restructuring cases. The team displays strong cross-border capabilities, with Takashi Suzuki and Tomohiro Okawa handling a broad range of global restructuring cases.

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Key clients

  • Mizuho Bank, Ltd.
  • Sumitomo Mitsui Banking Corporation
  • Mitsubishi UFJ Financial Group, Inc.
  • Mitsubishi Corporation
  • Toshiba Corporation
  • Bain Capital
  • JISSMBC Trust
  • Change Inc.
  • MtGox
  • SBI Shinsei Bank Ltd.

Work highlights

  • Represented Mizuho Bank on its Pre-DIP financing to Marelli Holdings.
  • Acted as trustee of MtGox Co., Ltd. in its bankruptcy.
  • Assisted Change Inc., a listed company, in its investment in the distressed business of another listed company, Hope inc.

Lawyers

Leading individuals: Bengoshi

Next Generation Partners: Bengoshi

Tomohiro Okawa

Tomohiro Okawa

Nagashima Ohno & Tsunematsu

Tomohiro Okawa is a partner at the Tokyo office of Nagashima Ohno & Tsunematsu. He has been mainly involved in cross-border transactions by leveraging a variety of deal experiences, such as business reorganization and insolvency, banking, and M&A. In particular, he has a wealth of experience in helping distressed companies as debtor’s counsel, whether in-court or out-of-court, including handling distressed M&A and DIP financing.

Practice head

The lawyer(s) leading their teams.

Nobuaki Kobayashi, Yosuke Kanegae

Other key lawyers

Tomohiro Okawa, Takashi Suzuki