In 2021, Facebook announced that it would invest a huge amount of money (more than 1 trillion yen) in something called the “metaverse” and change its name to Meta Platforms ("Meta"), a move that attracted attention around the world, including in Japan. Since the announcement, an increasing number of corporates are expanding into metaverse-related businesses. Yet, as would be expected for new and emerging technologies, the legal issues within and pertaining to the metaverse have not been sufficiently arranged and examined. In this Newsletter we outline the laws in question in the metaverse and discuss the points to be noted in doing business-related activities in a metaverse.“Metaverse” has no clear definition and has not been established fully as a...To read the full article, please see the PDF file
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Robotics/Artificial Intelligence Newsletter (July 27, 2022) (327 KB / 9 pages)
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In the area of Robotics/Artificial Intelligence, Shin Fukuoka mainly handles AI, Big Data and IoT. He acts as a Member of The Cabinet Office’s “Committee on Human-centered AI Social Principles” and Committee Member of the Ministry of Economy, Trade and Industry Investigative Commission on "The AI and Data Contract Guidelines Review Committee". In the area of Corporate, he mainly handles M&A and Corporate Governance. In the area of Restructuring/Insolvency, he has been involved in numerous restructuring and insolvency cases, with a focus on cross-border insolvency cases, representing both debtor parties and creditor parties. Most recently, he represented Daiichi Chuo Kisen Kaisha and Japan Airlines as a legal counsel of the debtor and Elpida, Takefuji and Mt.Gox as a creditor’s counsel. He has also contributed to many publications, including "Law and Strategy of the Internet of Things and Artificial Intelligence", "Artificial Intelligence: Law and Issues" and "Data Contract Law".