Extinguishing Security Interests: Secured Claims in Japanese Reorganization Law and Some Policy Implications to the U.S. Law

This Article examines how secured claims are treated in Japanese business reorganization law, especially in the Civil Rehabilitation Act (Minji saisei ho), which was enacted in 1999 as the new general reorganization regime in Japan. Unlike the U.S. Bankruptcy Act, the Civil Rehabilitation Act does not have automatic stay on secured claims, nor does it allow any modification of secured claims by the rehabilitation plans. However, the Civil Rehabilitation Act has a unique procedure to restrict the rights of secured creditors, which is called “the procedure of extinguishing security interests (tanpo-ken shometsu seikyu tetsuzuki).” This procedure permits a debtor to cancel security interests in any property she owns that is necessary for continuation of her business, just by paying the secured creditors the liquidation value of such property. I analyze how this procedure can reduce the transaction costs which would arise if the debtor had to bargain with the secured creditors in order to avoid foreclosure sales. I also compare this procedure with the way how secured creditors are treated in Chapter 11of the U.S. Bankruptcy Act, and discuss some policy implications to the U.S. law. Keywords: business reorganization, Chapter 11, secured claims, Japanese law

self-sortingを基軸とした刺激応答性超分子ヒドロゲルの開発

京都大学新制・課程博士博士(工学)甲第23231号工博第4875号新制||工||1761(附属図書館)京都大学大学院工学研究科合成・生物化学専攻(主査)教授 浜地 格, 教授 松田 建児, 教授 生越 友樹学位規則第4条第1項該当Doctor of Philosophy (Engineering)Kyoto UniversityDGA

Model Building of Metal Oxide Surfaces and Vibronic Coupling Density as a Reactivity Index: Regioselectivity of CO2_2 Adsorption on Ag-loaded Ga2_2O3_3

The step-by-step hydrogen-terminated (SSHT) model is proposed as a model for the surfaces of metal oxides. Using this model, it is found that the vibronic coupling density (VCD) can be employed as a reactivity index for surface reactions. As an example, the regioselectivity of CO$_2$ adsorption on the Ag-loaded Ga$_2$O$_3$ photocatalyst surface is investigated based on VCD analysis. The cluster model constructed by the SSHT approach reasonably reflects the electronic structures of the Ga$_2$O$_3$ surface. The geometry of CO$_2$ adsorbed on the Ag-loaded Ga$_2$O$_3$ cluster has a bent structure, which is favorable for its photocatalytic reduction to CO.Comment: 18 pages, 11 figure

A new analytical method for self-force regularization II. Testing the efficiency for circular orbits

In a previous paper, based on the black hole perturbation approach, we formulated a new analytical method for regularizing the self-force acting on a particle of small mass $\mu$ orbiting a Schwarzschild black hole of mass $M$, where $\mu\ll M$. In our method, we divide the self-force into the $\tilde S$-part and $\tilde R$-part. All the singular behaviors are contained in the $\tilde S$-part, and hence the $\tilde R$-part is guaranteed to be regular. In this paper, focusing on the case of a scalar-charged particle for simplicity, we investigate the precision of both the regularized $\tilde S$-part and the $\tilde R$-part required for the construction of sufficiently accurate waveforms for almost circular inspiral orbits. For the regularized $\tilde S$-part, we calculate it for circular orbits to 18 post-Newtonian (PN) order and investigate the convergence of the post-Newtonian expansion. We also study the convergence of the remaining $\tilde{R}$-part in the spherical harmonic expansion. We find that a sufficiently accurate Green function can be obtained by keeping the terms up to $\ell=13$.Comment: 21pages, 12 figure