Corporate Law
Contract Termination / Rescission
Retroactive termination of a valid contract. Two types: termination after demand and immediate termination. Post-2020 reform, debtor's fault is not required for termination.
Statute Reference
民法541条・542条
Related Terms
Related Articles
Starting a Business in Japan: KK vs LLC Comparison
Comparing stock corporations (KK) and limited liability companies (GK/LLC) for business formation in Japan.
Director Liability in Japan: Duties, Obligations, and Risks
Guide to director duties and liability in Japanese corporate law, including fiduciary duties and shareholder derivative suits.
Free Tools
This article provides general legal information and does not constitute legal advice. For specific legal issues, please consult with a qualified attorney.
Find a lawyer through your local bar association
JFBA Legal Consultation Guide →