Source disclosure: January 22, 2026
J Trust Co., Ltd. [8508.T]
TOKYO, Jan 22 (Pulse News Wire) – J Trust CO.,LTD. (8508.T) announced today that the Supreme Court of Thailand upheld a lower court's decision dismissing Group Lease Public Company Limited’s (GL) appeal against J Trust Asia PTE.
LTD.'s bankruptcy filing. GL had sought compensation of approximately ¥1.76 billion (¥880 million Thai baht) for alleged wrongful and illegal actions. With this ruling, J Trust Asia's victory is now final.
The company stated that despite ongoing legal challenges, it remains committed to leveraging its experience to pursue recovery efforts fully. CEO Fuzawa Nobuyoshi emphasized the importance of protecting shareholder interests through continued legal action. This development marks a significant milestone in resolving the long-standing dispute between J Trust Asia and GL, providing clarity and certainty for stakeholders involved.
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