The bankrupt laws applied now are more and more unripe and imperfect under the circumstance of market economy. As a fully developed capital country, Japan has different social foundation, economic situation, exterir circumstance, enterprises process-ing mechanism, social guarantee and etc. In compare of bankrupt applicant, bankrupt ease accept and manage, creditor meeting, bankrupt manager, bankrupt declare, bankrupt property distribute, bankrupt legal duty and other bankrupt laws between China and Japan, some successful bankrupt low in developing market economy is found, which could he used for reference for the law maker to draft out the new "bankruptlaw".
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