Host: C&R Legal Agency
Date: Friday, July 29, 2022, 16:00-17:30
Venue: Online (Zoom)
“Business Practices Concerning Japanese Contracts” – Failed Cases of Contract Review and Remedial Measures Based on Actual Disputes (Re: Service Contracts)
It is daily business practice in corporate transactions to examine the contents of contracts and negotiate with other parties to contracts. However, there are a number of cases where a dispute occurs after the conclusion of a contract that results in disadvantages because the parties failed to thoroughly review the contract provisions or carelessly used an old contract as it is.
Such situation can occur when, among other reasons: (i) you do not know which contract provisions entail what risks and what would be the court’s interpretations because you are not well informed of actual cases of disputes occurring due to insufficient contractual provisions, or (ii) you are at a loss as to what provisions should be added or revised in a contract in a specific field because you do not know the common provisions that should be included in such type of contract. In this seminar, the lecturer focuses on service contracts that are one of the most common contracts used in business, and explains the viewpoints from which lawyers review contracts as experts in drawing up contracts, and also explains the tragic consequences of a failure to look into possible problems pertaining to contractual provisions, by presenting specific model provisions prepared based on past disputes.