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Liability for Japanese Companies Under U.S. Securities Laws: The Risks in Unsponsored ADRs
August 2020
Donald W. Hawthorne
Axinn Updates

Axinn partner Don Hawthorne authored, "Liability for Japanese Companies Under U.S. Securities Laws: The Risks in Unsponsored ADRs." This Axinn Update covers the international reach of U.S. securities laws in the Morrison decision; sponsored and unsponsored ADRs (American Depositary Receipts); and the implications of the Toshiba ruling for Japanese companies.

Liability for Japanese Companies Under U.S. Securities Laws: the Risks in Unsponsored ADRs
米国証券法に基づく日本企業の責任: スポンサーなしADR(米国預託証券)におけるリスク