Creditors Re-apply For Judicial Review Research On A Number Of Issues

Reorganization is the most efficient and active legal system in preventing the bankruptcy of corporations as well as the most important creative system in china's new "bankruptcy law". Reorganization system has essential difference with the "compromise and rectifying" in the old bankruptcy law, so it is a new start to the corporation and a key link to reorganization. It can decide whether the reorganization is successful or not. The thesis starts from the two specific cases and discusses the conditions and processes which creditor ask debtor to reorganize. the author believed that we should check from the form to the substance to the creditor's appliance of reorganization. We have mentioned the specific criteria and process., the purpose is to avoid reorganization being abused and construct the system which suits china's special circumstance and boost the society's progress.