Turnaround Alternative Dispute Resolution (ADR) (Japanese: 事業再生 Jigyo Saisei ADR), also known as Business Revitalization ADR, is a process increasingly used by companies in Japan to adjust their debt. This out-of-court procedure was established in Japan in 2007 and is based on Japanese Law, specifically the Special Measures Law for Industrial Revitalization and Rebirth of Japan.
Turnaround Alternative Dispute Resolution (ADR) (Japanese: 事業再生 Jigyo Saisei ADR), also known as Business Revitalization ADR, is a process increasingly used by companies in Japan to adjust their debt. This out-of-court procedure was established in Japan in 2007 and is based on Japanese Law, specifically the Special Measures Law for Industrial Revitalization and Rebirth of Japan.
Source: Wikipedia "Turnaround ADR" · CC BY-SA 4.0
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