Monroe-Sheridan Foreign Law Office represented forest Inc. as U.S. counsel in forest’s JPY 900 million (approx. $8 million) seed financing round, announced on November 24. The University of Tokyo Edge Capital Partners (UTEC) and Nordstar Partners led the financing. The financing was covered in TechCrunch and the Nikkei newspaper. From…
Reid Monroe-Sheridan and Rebecca Liao co-authored a whitepaper, “Primer on the DLPC: A Standard for Payment Commitments on the Blockchain,” published by CodeX: The Center for Legal Informatics Stanford University. The article provides an overview of the Distributed Ledger Payment Commitment, or DLPC. The DLPC is a standardized blockchain-based payment…
Monroe-Sheridan Foreign Law Office advised Mizuho Bank in connection with the use of blockchain-based distributed ledger payment commitments in certain metal commodities transactions, which were publicly announced on August 24, 2021. The press release announcing the transactions is available here: https://www.baft.org/press-releases/currency-agnostic-blockchain-debuts-for-global-trade/ From the press release: Metal commodities worth around $43…
Monroe-Sheridan Foreign Law Office represented Reborna Biosciences, Inc. in its research collaboration with Biogen Inc. The research collaboration was publicly announced on April 30, 2021. The press release announcing the research collaboration is available here: https://rebornabiosciences.com/en/news/1023 From the press release: “Biogen is a leading company in the field of neurological…
Reid Monroe-Sheridan contributed an article, “Legal Risks and Mitigation Strategies Relating to Insolvent American Startups” in the May 15, 2020 edition of New Business Law. The article describes typical measures that startups take to address insolvency, certain key risks that these measures may raise for Japanese investors and commercial counterparties,…
In April, Reid Monroe-Sheridan published “Substance Overload: A Comparative Examination of Japanese Corporate Governance Law Through the Lens of the Daiwa Bank Case” in the Washington International Law Journal. The article presents a critical examination of certain key principles of Japanese corporate governance law in light of contemplated reforms in Japan and analogous…
