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How The Diversity Of The Bankrupt Property Affect The Legal System Of Bankruptcy

Posted on:2006-12-13Degree:MasterType:Thesis
Country:ChinaCandidate:F WangFull Text:PDF
GTID:2166360152485139Subject:Law
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Bankruptcy law is an important part of the legal system of the market-oriented economy. It guarantees the smooth development of the market economy. As the promulgation of the current Bankrupt Law is so early and the development of the society is so quick that the practice of the law encounters many problems and usually these problems confuse the judges. Nowadays the new Bankrupt Law is under development, so the research on the Bankrupt Law has special meaning now.     The bankrupt property is very important to the entire Bankrupt Legal System. The lack of the bankrupt property decides the ends of the bankrupt procedure. From some aspects, the bankrupt property is the core element of the bankrupt legal system.     The diversity of the bankrupt property has a material affection on the design of the whole bankrupt legal system. The research on this affection is meaningful in instructing the development of the new Bankrupt Law. Chapter One: The diversity of the bankrupt property. It contains five sections. The first section gives a general introduction about the bankrupt property. The second section classifies the bankrupt property from the aspects of Property Law and Bankruptcy Law. The third section classifies the bankrupt property from the aspects of economics into "tangible property" and "intangible property". It introduces the development history of the intangible assets and gives an exact definition of "intangible assets". Based on it, author discusses about the typical "intangible bankrupt property"-Intellectual Property. The fourth section classifies the bankrupt property from the aspects of address and time. In the fifth section, author discusses some kinds of special property. Along with the development of the economy, many new types of property emerge such as the new types of proprietor's rights. Usually the traditional civil law doesn't regulate these new types of property although they are valuable. Author tells about whether they can be brought into bankrupt property. The second chapter discusses how the diversity of the bankrupt property affects the design of the bankrupt law legal system. It contains three sections. The first section gives a general introduction about the bankrupt law legal system. The second section tells about how the bankrupt property's economic attribute influences the design of the bankrupt law legal system. The attribute of the bankrupt property is that they are valuable and it's difficult to sell them in short time. The bankruptcy usually results in social and economic problems. Through talking about the negative influence of the bankruptcy over the intellectual property, author educes the result that the bankruptcy will leads to the reduction of the absolute value of the social fortune. From the aspect of negative influence of the bankruptcy and the possibility to save the enterprises, author tells about the necessity to create the prevention system in the bankrupt law. The third section tells about the bankrupt property's legal attribute and how it influences the bankrupt legal system. The legal attribute is that some property is restricted to be transferred by other laws. From the aspect of increasing the bankrupt property, author suggests that the new bankrupt law makes exception rules and allows some of aforementioned property to be transferred.  The third chapter tells about the influence of the diversity of the bankrupt property over the "bankrupt administrant system" and it's divided into three sections. The first section introduces the definition and the function of the "bankrupt administrant system". The second section tells about how the diversity of the bankrupt property influences the qualification of the bankrupt administrant system. It is necessary that the bankrupt administrant has legal, accountancy and value appraisal related knowledge and some practice in the same area because of their responsibility to finish the work of the value appraisal, the sale and the distribution of the bankrupt property. Author analyses the correlative regulations of other countries' law over the qualification of the bankrupt administrant and based on it author puts forward how our country's law should regulate the bankrupt administrant qualification. The third section tells about how the diversity of the bankrupt property influences the way of disposition of the bankrupt property. The disposition of the bankrupt property is an important responsibility of the bankrupt administrant. One of the objectives of the administrant is to maximize the bankrupt property's value and make the creditors receive the best discharge. Integrated with the first chapter's discussion over the diversity of the bankrupt property, author tells about the influence of the diversity over the sale system: to the different types of the bankrupt property, the sale way of them should be different. At last, author gives advice about the disposition system that our country's law should adopt.
Keywords/Search Tags:bankruptcy law, bankrupt property, bankrupt administrant, the diversity of the bankrupt property, legal system of the bankrupt law
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