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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Wanda Rich

    Posted on May 16, 2022

    Featured image for article about Top Stories

    By Rocky Swift

    TOKYO (Reuters) – Japan’s “Kill Bill” restaurant operator prevailed in a court case on Monday that declared Tokyo’s now defunct COVID-19 infection curbs were illegal.

    The orders, enacted in the capital during various states of emergency, included shortened operating hours and a ban on alcohol sales, though there was a compensating government subsidy. Businesses that didn’t comply were subject to fines.

    Global-Dining Inc, which runs more than 40 restaurants, defied the restrictions, taking the city government to court over the matter.

    The district court said the Tokyo government had not provided a “rational explanation” for the measures. The court determined they had been illegal but it denied Global-Dining’s claim for 104 yen ($0.80) in damages.

    The restrictions ended in March. Whether this ruling would inhibit the city government in acting against any renewed COVID-19 outbreak is unclear.

    In a statement, Global-Dining president Kozo Hasegawa, said the case revealed the “injustice and sloppiness of the Tokyo Metropolitan Government.” His company crowd-funded more than 25 million yen to fight the case.

    Global-Dining’s Gonpachi restaurant, with a cavernous inner courtyard, inspired the fight scene in Quentin Tarantino’s first “Kill Bill” film. It was the site of a dinner between then Prime Minister Junichiro Koizumi and then U.S. President George W. Bush in 2002.

    ($1 = 129.3600 yen)

    (Reporting by Rocky Swift in Tokyo; Editing by Bradley Perrett)

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