(An English translation by the Supreme Court of Japan of this case information has not yet been published; however, one will be published in the Journal of Japanese Law, No. 26, 2008. Some information on this page has been translated and will not correspond exactly to the Court's official translation. ) The Bull-dog Sauce Case is a Supreme Court of Japan case that resulted in a landmark decision regarding hostile takeover defense plans (such as the "poison pill").

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dbpedia-owl:abstract
  • (An English translation by the Supreme Court of Japan of this case information has not yet been published; however, one will be published in the Journal of Japanese Law, No. 26, 2008. Some information on this page has been translated and will not correspond exactly to the Court's official translation. ) The Bull-dog Sauce Case is a Supreme Court of Japan case that resulted in a landmark decision regarding hostile takeover defense plans (such as the "poison pill"). The Court held that such plans do not necessarily violate the principle of shareholder equality under Japanese statutes, even if they result in discriminatory treatment some shareholders; however, such decisions must be made by shareholders themselves, acting in the company's best interest; they cannot be made by management to protect itself. The Bull-dog Sauce case arose from the first use of a poison pill by a Japanese company, and resulted in the Supreme Court's first ruling on the subject of takeover defenses.
  • ブルドックソース事件（ブルドックソースじけん、最決2007年(平成19年)8月7日）とは、いわゆる買収防衛策のうちポイズン・ピルが有効と認めた最高裁判所の判例がなされた訴訟（仮処分命令申立て事件）。
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dbpprop:associateJustice
  • Osamu Tsuno , Nakagawa Ryouji , Yuuki Furuta
dbpprop:bench
  • Second Petty Bench
dbpprop:caseName
  • Bull-dog Sauce Case
dbpprop:caseNumber
  • 2007 (xsd:integer)
dbpprop:caseReporter
  • 第61巻5号2215頁
dbpprop:chiefJustice
  • Isao Imai
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dbpprop:holding
  • Discriminatory treatment of some shareholders designed to prevent hostile takeover of a company does not necessarily violate the principle of shareholder equality under Japanese statutes. Such decisions must be made by shareholders who deem it in the company's best interest; it cannot be a move made by management to protect itself.
dbpprop:majorityOpinion
  • Unanimous
dbpprop:publicationDate
  • 2007-08-07 (xsd:date)
  • 2007-08-07 (xsd:date)
dbpprop:referencedLaws
  • Company Law Article 109-1; Company Law Article 247-1, 247-2.
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rdfs:comment
  • (An English translation by the Supreme Court of Japan of this case information has not yet been published; however, one will be published in the Journal of Japanese Law, No. 26, 2008. Some information on this page has been translated and will not correspond exactly to the Court's official translation. ) The Bull-dog Sauce Case is a Supreme Court of Japan case that resulted in a landmark decision regarding hostile takeover defense plans (such as the "poison pill").
  • ブルドックソース事件（ブルドックソースじけん、最決2007年(平成19年)8月7日）とは、いわゆる買収防衛策のうちポイズン・ピルが有効と認めた最高裁判所の判例がなされた訴訟（仮処分命令申立て事件）。
rdfs:label
  • SCOJ 2007 No.30
  • ブルドックソース事件
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