COMMERCIAL CODE OF JAPAN
Article 28. Liability of the Transferee in Cases Where There is no Continued Use of Trade Name
Even in cases where the transferee does not continue to use the trade name of the transferor when there is an advertisement to the effect that obligations arising out of the business of the transferor will be assumed, such creditors may demand repayment of the transferee.
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Article headings are not provided in the Japanese language original
but are provided as it is believed that they assist in the comprehension
of the law
DISCLAIMER: This translation is
for general reference purposes only and is produced on an as isEbasis
with no warranties made whatsoever. Attorney Roderick H. Seeman (licensed
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use of this translation. Reliance must be placed
on the original Japanese language text of the law.