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O’Melveny’s Maeda, Iitani Co-Author Article on Compensation Claim Against the Japanese Government Regarding Consumer Finance

June 04, 2012 O’Melveny & Myers LLP partner Yoji Maeda and associate Takeshi Iitani co-authored the article “No Remedy for Financial Companies Who Trusted Illegal Ministry Orders?” for CREDIT AGE, a leading Japanese consumer finance publication issued by the Japan Consumer Finance Association). The article provides criticism to a district court judgment which denied any remedy to a lender who trusted ministry orders (which was subsequently found illegal) and suffered damages.

Maeda is the managing partner of O’Melveny’s Tokyo office and a member of the Firm’s Business Trial and Litigation practice. Iitani also resides in O’Melveny’s Tokyo office and is a member of the Transactions Department.