NTT Ltd. Japan Corporation/Mitsui & Co., Ltd. - Trans-Pacific submarine cable system “JUNO”
Leading Japanese law firm Nishimura & Asahi advised NTT Ltd. Japan Corporation (“NTT”) and Mitsui & Co., Ltd. [TSE: 8031] (“Mitsui”) on the construction of "JUNO", a new trans-Pacific submarine cable system between the US and Japan. JUNO will be owned by Seren Juno Network Co., Ltd. (“Seren”) whose shareholders include NTT, Mitsui, PC Landing Corporation and JA Mitsui Leasing, Ltd. NEC corporation [TSE: 6701] has been contracted by Seren to build JUNO. With a maximum capacity of 350 Tbit/s, the subsea cable will be the largest system of its kind currently linking the US and Japan.
The Nishimura & Asahi team advising NTT and Mitsui was led by partners Adrian Joyce and Yoshiyuki Miyashita.
People
Adrian has considerable experience advising lenders, sponsors and ECAs on energy, transportation and infrastructure in, Japan, APAC, the Americas, Europe, Middle East and Africa. He is recognised as a market leader for project finance and asset finance and regularly advises Japanese and international clients on the development and financing of cross-border energy, infrastructure and transportation projects. Highly regarded for his commercial acumen, Adrian is recognised in Chambers Global and Chambers APAC for “Projects & Energy: International” and “Banking & Finance: International Asset Finance” and in The Legal 500 for "Projects and Finance”, “Shipping” and “Banking and Finance” for which he is ranked as a “Leading Individual”. Recent experience includes advising sponsors and lenders on: • LNG: a large number of LNG vessel financings (20 vessels since 2020), SPAs and joint ventures; • Infrastructure: projects including five subsea cable financings in APAC and the Americas and two infrastructure projects in Japan; • Renewables: greenfield projects and project sales in Japan and APAC including solar, wind and waste to energy. • Asset finance: debt finance, restructurings, SLB, ESG and JOLCOs in the shipping and aviation sectors. Adrian attended the University of Tokyo and University of Waseda and speaks and reads Japanese.
His clients include mass media companies, leading IT vendors, telecommunications companies and motion-picture production & distribution companies and other media and technology-oriented enterprises, as well as a variety of global companies. He has held the positions of Vice Chairman of the Computer Research Committee of Japan, Federation of Bar Associations (1993-1997), Special Committee Member of the Copyright Council of Japan, Agency for Cultural Affairs (1995-2002), Working Team Member of International Jurisdiction and Governing Law, Agency for Cultural Affairs (2009-2010), Committee Member of Centralized Administration and Competition Policy, Agency for Cultural Affairs (2010-2012), Chairperson of the China IP Issues Research Committee, SOFTIC (2012-2015) and Chairperson of the OSS Legal Issues Research Committee, SOFTIC (2015-present).