We have participated in the creation of various investment funds and private equity vehicles seeking to invest in Japanese companies, real estate-related investments and distressed debt. We also provide guidance on fund structuring, licensing and regulatory matters to offshore fund managers seeking to offer funds in Japan. Our international presence and knowledge of complex securities laws, local regulatory laws and international tax matters also positions us to handle investment fund transactions. Corporate Restructuring A major aspect of corporate restructuring and reorganization in Japan today is the focus on internal corporate restructurings, including spin-offs, divestitures and other techniques for refocusing value. In addition, we advise companies in Chapter 11 proceedings as well as financial institutions as creditors in workouts and other bankruptcy-related situations