2015 ASIA FORUM—TOKYO Doing Business in Asia: Recent Trends and Developments in the Regulatory Environment, Transactional Practice and Dispute Resolution PRESENTED BY: PLATINUM PARTNER: GOLD PARTNER: March 2-3, 2015 Hilton Tokyo — Japan This program will be accredited for CLE in the U.S. including 1.5 hours of ethics credit. For delegates from other countries where CPD/CLE is mandatory, the ABA will be pleased to provide a Certificate of Attendance for this conference. For more information visit shopaba.org/Tokyo2015 Sponsors Platinum Partner Gold Partner Silver Partners Panel Sponsor Edelman Meeting Supporter Exhibitor Media Sponsors Cooperating Entities Program Planning Committee SECTION CHAIR 2014-15 Marcelo Bombau • M. & M. Bomchil Abogados • Buenos Aires, Argentina STEERING COMMITTEE Program Chairs Cecil Saehoon Chung • Yulchon LLC • Seoul, Korea Tsuyoshi Ikeda • Mori Hamada & Matsumoto • Tokyo, Japan Elisa Kearney • Davies Ward Phillips & Vineberg LLP • Toronto, ON, Canada Robert L. Brown • Bingham Greenebaum Doll LLP • Louisville, KY, USA Yee Wah Chin • Ingram Yuzek Gainen Carroll & Bertolotti, LLP • New York, NY, USA Birgit Kurtz • Gibbons P.C. • New York, NY, USA Steven Richman • Duane Morris LLP • New York, NY, USA Sara Sandford • Garvey Schubert Barer • Seattle, WA, USA Lisa Savitt • Crowell & Moring LLP • Washington, DC, USA PLANNING COMMITTEE Jennifer Aga • Hitachi, Ltd • Tokyo, Japan Takahiro Azuma • Nishimura & Asahi • Tokyo, Japan Chunghwan Choi • Lee & Ko • Seoul, Korea Taylor Croley • American Bar Association • Washington, DC, USA Thomas Happell • American Bar Association • Washington, DC, USA Kenji Hirooka • Bingham Sakai Mimura Aizawa • Tokyo, Japan Naoki Iguchi • Nagashima Ohno & Tsunematsu • Tokyo, Japan Katsutoshi Kataoka • Japan Fair Trade Commission • Tokyo, Japan Mark Katz • Davies Ward Phillips & Vineberg LLP • Toronto, Canada Gene Kim • Kim & Chang • Seoul, Korea Kyoung Yeon Kim • Yulchon LLC • Seoul, Korea Yong Lim • S.J.D. Candidate, Harvard Law • Cambridge, MA, USA Scott Maravilla • Federal Aviation Administration • Washington, DC, USA Viren Mascarenhas • King & Spalding LLP • New York, NY, USA Yuto Matsumura • Mori Hamada & Matsumoto • Tokyo, Japan Michelle Mattingly • American Bar Association • Washington, DC, USA Dixon F. Miller • Porter Wright Morris & Arthur LLP • Columbus, OH, USA Lelia Mooney • Partners for Democratic Change • Washington, DC, USA Piyasena Perera • Anderson Mori & Tomotsune • Tokyo, Japan Justin G. Persaud • Persaud & Sandher, LLC • Basking Ridge, NJ, USA Steven Saunders • University of Toyama • Toyama, Japan Jessica L. Smith • American Bar Association • Washington, DC, USA Doil Son • Yulchon LLC • Seoul, Korea Marcela Stras • Cozen O’Connor • Washington, DC, USA Mohammad Ali Syed • Syed Law Firm, PLLC • Washington, DC, USA Yukihiro Terazawa • Morrison Foerster • Tokyo, Japan Takashi Toichi • Anderson Mori & Tomotsune • Tokyo, Japan Taro Tsunoda • Anderson Mori & Tomotsune • Tokyo, Japan Yoshiki Uchida • MDP Business Advisory, Co., Ltd. • Tokyo, Japan Erica Sumie Yamashita • Machado Meyer Sendacz Opice Advogados • São Paulo, Brazil Continuing Legal Education / Continuing Professional Development The ABA directly applies for and ordinarily receives CLE credit for ABA programs in AK, AL, AR, AZ, CA, CO, DE, GA, GU, HI, IA, IL, IN, KS, KY, LA, MN, MS, MO, MT, NM, NV, NY, NC, ND, OH, OK, OR, PA, SC, TN, TX, UT, VT, VA, VI, WA, WI, and WV. These states sometimes do not approve a program for credit before the program occurs. This course is expected to qualify for 9.0 CLE credit hours (including 1.5 ethics hours) in 60-minute states, and 10.8 credit hours (including 1.8 ethics hours) in 50-minute states. This transitional program is approved for both newly admitted and experienced attorneys in NY. Attorneys may be eligible to receive CLE credit through reciprocity or attorney self-submission in other states. For more information about CLE accreditation in your state, visit http://www.americanbar.org/cle/mandatory_cle.html. For delegates from other countries where CPD/CLE is mandatory, the ABA will be pleased to provide a Uniform Certificate of Attendance which, subject to the exact CPD/CLE requirements of your bar association/law society, may be used to obtain the equivalent accreditation in your jurisdiction. PROGRAM AGENDA Monday, March 2, 2015 8:00 AM – 9:00 AM REGISTRATION & BREAKFAST KIKU LOBBY Proudly sponsored by: 8:50 AM – 9:00 AM WELCOME REMARKS KIKKA Welcome remarks by Sara Sandford, Vice-Chair, American Bar Association Section of International Law 9:00 AM – 10:30 AM OPENING PLENARY SESSION What General Counsel and International Lawyers Need to Know About Conducting Business in East Asia KIKKA This panel will consider best practices that multinational companies and international lawyers doing business in Japan, South Korea, China and Taiwan should adopt to conduct business successfully in East Asia. The panel will discuss the various ethical issues that arise in the international commerce context and how multinationals with different ethical and business conduct standards handle these issues in Asia. The panel will discuss ethics and professional responsibility, addressing topics such as confidentiality, competence, know-your-client rules as well as best practices for selecting local counsel and other service providers. The panel will also consider how specific elements of the U.S. anti-corruption regulatory regime and local regulatory environments affect international transactions within East Asia and the impact on company practices and attitudes. Panel Chair & Moderator: Piyasena C. Perera, Anderson Mori & Tomotsune, Tokyo, Japan Speakers: Laurence Bates, LIXIL Corporation, Tokyo, Japan Mitsuru Chino, Itochu Corporation, Tokyo, Japan Bradley A. Klein, Skadden, Arps, Slate Meagher & Flom LLP, Hong Kong, China David M. Waters, GM Korea Company, Incheon, Korea 10:30 AM – 11:00 AM NETWORKING COFFEE BREAK Track 1: Business / Transactional *Ethics Credit Requested Track 2: Litigation / Enforcement KIKKA 11:00 AM - 12:30 PM Best Practices and Legal Risks Surrounding Joint Venture Projects and Strategic Alliances KIKUYO 11:00 AM - 12:30 PM The Anti-Corruption Landscape in Asia: Heightened Enforcement and Heightened Tension Public private partnerships and large scale infrastructure projects of the type being built in preparation for the Tokyo 2020 Olympic Games are typically managed by a consortium or joint venture partners which come with specific legal risks. This panel will discuss specific issues surrounding joint venture projects and other forms of strategic alliances under Japanese and Korean law including proper due diligence, corporate formation, regulatory approval, liability and indemnification and dissolution. In the past year or so, a number of particularly high profile corruption investigations and enforcement actions have taken place in China, Korea, Japan and in several other Asian countries. Nearly all have focused on or involved Western-based companies. Additionally, many of these same countries have strengthened or promulgated new anti-bribery laws. How does this change the operational landscape for companies conducting business or seeking to build business in Asia? This panel will examine the anti-corruption regime in several of the major Asian countries (Japan, Korea, and China), compare the regulations to those in the West (Australia, U.S., UK, and Canada) and discuss the whys and wherefores of the heightened levels of enforcement. Panel Chair & Speaker: Yuto Matsumura, Mori Hamada & Matsumoto, Tokyo, Japan Panel Chair & Moderator: Sara Sandford, Garvey Schubert Barer, Seattle, WA, USA Speakers: Takeshi Aratani, Japan Airlines, Tokyo, Japan Kenji Hirooka, Bingham Sakai Mimura Aizawa, Tokyo, Japan Joon B. Kim, Kim & Chang, Seoul, Korea Yuto Matsumura, Mori Hamada & Matsumoto, Tokyo, Japan Panel Chair & Moderator: Haiyan Tang, Paul Hastings LLP, Shanghai, China Speakers: Robert Morimoto, GE Japan, Tokyo, Japan Eun-Jae Park, Yulchon LLC, Seoul, Korea Patrick Robbins, Shearman & Sterling LLP, San Francisco, CA, USA Vivian Robinson, McGuire Woods, London, United Kingdom 12:30 PM – 2:00 PM LUNCHEON KIKUEN 2:00 PM – 3:30 PM Managing Pricing and Distribution for Global Companies – Price Maintenance and Vertical Restraints Around the World 2:00 PM – 3:30 PM The Rules and Risks of Public and Private Procurement Global retail companies are required to navigate an array of different laws in each country in which they operate. In this panel, local counsel from around the world will discuss the local pricing and distribution laws like resale price maintenance, geographic price discrimination and dual distribution that can impact a company's marketing and distribution strategy. The Tokyo 2020 Olympic Games and other anticipated growth in the city will provide an opportunity for international businesses to participate in tender processes for large public infrastructure contracts as well as private contracts for housing, condominiums, materials, catering, facilities, IT equipment, etc. This panel will examine legal issues associated with public and private procurement in Japan including proper due diligence, company formation and bid timing, as well as the risks and consequences of corruption and bid rigging including, the risk and consequences of prosecution by foreign jurisdictions such as China and the United States. Panel Chair & Moderator: Kimitoshi Yabuki, Yabuki Law Office, Tokyo, Japan Speakers: David Mamane, Schellenberg Wittmer Ltd, Zurich, Switzerland Panel Chair: Scott Maravilla, Federal Aviation Administration, Washington, DC, USA Susan Ning, King & Wood Mallesons, Beijing, China Daren Shiau, Allen & Gledhill LLP, Singapore Setsuko Yufu, Atsumi & Sakai, Tokyo, Japan Panel Chair & Moderator: Katsutoshi Kataoka, Japan Fair Trade Commission, Tokyo, Japan Speakers: Masahiro Ito, Ministry of Land, Infrastructure, Transport and Tourism, Tokyo, Japan Nobuaki Mukai, Momo-o, Matsuo & Namba, Tokyo, Japan Djordje Petkoski, Hunton & Williams LLP, Washington, DC, USA Madoka Shimada, Nishimura & Asahi, Tokyo, Japan 3:30 PM – 4:00 PM NETWORKING COFFEE BREAK KIKU LOBBY 4:00 PM – 5:30 PM Mergers Controls in East Asia Proudly sponsored by: 4:00 PM – 5:30 PM You Say Chusai, Chotai, I Say Arbitration, Mediation: Comparing Dispute Resolution Procedures in Japan, Korea & the U.S. Edelman This panel will examine the pre-merger notification requirements, timing and regulatory review processes associated with the acquisition of assets or a business or a merger or combination in Japan, South Korea, China, Taiwan and Singapore. Differences in the merger control regimes in Europe and North America will also be highlighted. Panel Chair: Takahiro Azuma, Nishimura & Asahi, Tokyo, Japan Panel Chair & Moderator: Mark Katz, Davies Ward Phillips & Vineberg LLP, Toronto, Canada Speakers: Kala Anandarajah, Rajah & Tann Singapore LLP, Singapore Takahiro Azuma, Nishimura & Asahi, Tokyo, Japan Kyoung Yeon Kim, Yulchon LLC, Seoul, Korea Janet Hui, Jun He Law Offices, Beijing, China Top ADR practitioners offer a comparison of dispute resolution procedures and systems in three countries with an emphasis on understanding critical and cultural differences and managing client expectations in these different jurisdictions. There is some thought for instance, that Korea’s ADR system is heavily influenced by Confucianism, while it has also been observed that in Japan, unlike some Western countries, ADR proceedings are much more traditionally litigation-oriented and used to supplement court proceedings. Practitioners from Japan, Korea and the U.S. (and their clients) can often be surprised by the different approaches taken in a process that shares a common name. Panel Chair & Moderator: Naoki Iguchi, Nagashima Ohno & Tsunematsu, Tokyo, Japan Speakers: Helena Chen, Pinsent Masons, Bejing, China Sae Youn Kim, Yulchon LLC, Seoul, Korea Professor Yasuhei Taniguchi, Professor Emeritus, Kyoto University & Judge, Singapore International Commercial Court Janet Whittaker, Simpson Thacher & Bartlett LLP, Washington, DC, USA 5:30 PM – 6:00 PM JOINT PANEL ROUND-UP KIKKA Join the Forum Program Chairs for a round-up of the day’s highlights from both Tracks. Forum Program Chairs: Cecil Saehoon Chung, Yulchon LLC, Seoul, Korea Elisa Kearney, Davies Ward Phillips & Vineberg LLP, Toronto, Canada Tsuyoshi Ikeda, Mori Hamanda & Matsumoto, Tokyo, Japan 6:00 PM – 8:00 PM NETWORKING RECEPTION & DINNER KIKUEN Tuesday, March 3, 2015 8:00 AM – 9:00 AM REGISTRATION & BREAKFAST Kiku Lobby Proudly sponsored by: Track 1: Business / Transactional Track 2: Litigation / Enforcement KIKKA 9:00 AM – 10:30 AM Protecting Your Intellectual Property Against Ambush Marketers, Grey Marketing and Counterfeiting KIKUYO 9:00 AM – 10:30 AM Recent Harsh Penalties Under U.S. Federal Sentencing Guidelines – Why The Penalties Look To Be Higher Than The Statutory Limit Companies spend substantial sums of money developing their intellectual property and equally significant amounts of money protecting that intellectual property. Through case studies, this panel will consider best practices for protecting a company's intellectual property rights in Japan, South Korea and China against ambush marketers, grey marketing and counterfeiting. Strategies that can be adopted in other international fora will also be considered and best practices for a global legal strategy will be discussed. Panelists will discuss the application of the U.S. Sentencing Guidelines to Japanese, Chinese, Korean and Taiwanese companies and individuals engaged in alleged conduct violating U.S antitrust and anti- corruption laws. Case studies such as the auto parts investigation will be used to explain the U.S. Sentencing Guidelines and practical advice will be provided regarding aggravating and mitigating factors and affirmative defenses. Panelists will also discuss how the Sentencing Guidelines were applied in the case of large fines against financial institutions such as Bank of America and JP Morgan. Panel Chairs: Yee Wah Chin, Ingram Yuzek Gainen Carroll & Bertolotti LLP, New York, NY, USA Yukihiro Terazawa, Morrison Foerster, Tokyo, Japan Speakers: Craig Celniker, Morrison Foerster, Hong Kong, China Chunghwan Choi, Lee & Ko, Seoul, Korea Akihito Nakamachi, Anderson Mori & Tomotsune, Tokyo, Japan Miki Sakakibara, Panasonic Corporation, Tokyo, Japan 11:00 AM – 12:30 PM Online Privacy, Consumer Protection & Competition Panel Chair & Moderator: Yoshiki Uchida, MDP Business Advisory, Co., Ltd., Tokyo, Japan Speakers: Jennifer M. Driscoll, Sheppard Mullin, Washington, DC, USA Kaku Hirao, Nishimura Asahi, Tokyo, Japan Tsuyoshi Ikeda, Mori, Hamada & Matsumoto, Tokyo, Japan Hiromitsu Miyakawa, Jones Day, Tokyo, Japan 10:30 AM – 11:00 AM NETWORKING COFFEE BREAK KIKU 11:00 AM – 12:30 PM Protecting Your Client in an Era of Global Enforcement As evidenced by regulatory investigations of Google, Apple, Facebook, E-book publishers and others, government agencies around the world continue to scrutinize whether consumers are benefiting from new business models emerging out of the Internet or whether competition is being harmed and consumer privacy being threatened. This panel will examine the intersection between the competition/antitrust laws and privacy and consumer protection laws in East Asia and consider the role that government can play in helping or hindering innovation. Companies under investigation for conspiracy or foreign corrupt practices in one jurisdiction may quickly find themselves under investigation in a number of other countries around the world. Panelists will discuss issues that counsel advising companies subject to an international cartel or corruption investigation must be aware of to ensure their client's rights are protected. Issues like attorney client privilege, obstruction of justice and protection of confidential information will be discussed and procedural fairness will be debated. Panel Chair: Erica Sumie Yamashita, Machado Meyer Sendacz Opice Advogados, São Paulo, Brazil Panel Chair & Moderator: Lisl Dunlop, Manatt, Phelps & Phillips LLP, New York, NY, USA Panel Chair & Moderator: Yong Lim, S.J.D. Candidate, Harvard Law, Cambridge, MA, USA Speakers: Naoya Bessho, Yahoo Japan, Tokyo Japan Eugene Kim, Kim & Chang, Seoul, Korea Amy Lee, Microsoft Corporation, Hong Kong, China Mitsuko Miyagawa, TMI Associates, Tokyo, Japan Speakers: Ken Ewing, Steptoe & Johnson LLP, Washington, DC, USA David Liu, Jun He Law Offices, Shanghai, China Stephen Mavroghenis, Shearman & Sterling, Brussels, Belgium Kagenori Sako, Oh-Ebashi LPC & Partners, Osaka, Japan 12:30 PM – 1:00 PM JOINT PANEL ROUND-UP KIKKA Join the Forum Program Chairs for a round-up of the day’s highlights from both Tracks. Forum Program Chairs: Cecil Saehoon Chung, Yulchon LLC, Seoul, Korea Elisa Kearney, Davies Ward Phillips & Vineberg LLP, Toronto, Canada Tsuyoshi Ikeda, Mori Hamanda & Matsumoto, Tokyo, Japan 1:00 PM – 2:00 PM CLOSING LUNCHEON KIKUEN 2015 Asia Forum-Tokyo March 2-3, 2015 – Tokyo, Japan Online registration is strongly encouraged. Pre-registration closes on Tuesday, February 24, 2015 I. 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