NHK Takes Bold Legal Action Against IBM: A 54 Billion Yen Battle Unfolds
NHK is suing Japan IBM for 54.7 billion yen over a failed contract for a new core system. The lawsuit was filed in Tokyo District Court after NHK terminated the…
Business Law refers to the body of law that governs the rights, relations, and conduct of individuals and businesses engaged in commercial activities. It encompasses various legal areas pertinent to business transactions and operations, including contracts, sales, agency, partnerships, corporations, and employment law. Business Law ensures that businesses operate within the legal framework, providing guidelines for compliance, dispute resolution, and the enforcement of rights. It also includes regulations on trade practices, intellectual property, antitrust law, and consumer protection. The primary aim of Business Law is to facilitate fair and efficient business practices while protecting the interests of all parties involved.
NHK is suing Japan IBM for 54.7 billion yen over a failed contract for a new core system. The lawsuit was filed in Tokyo District Court after NHK terminated the…