Research On The Creditor's Protection In Company's Distribution

This article mainly discusses the creditor's protection in company's distribution. The whole article includes three parts which are the preface, the text and the conclusion. The text is divided into five parts. Chapter one describes the basic knowledge of distribution including the meaning and the main forms of distribution.Chapter two describes creditor's protection in company's distribution in civil law system and common law system separately. Civil law system depends on capital system to protect creditors, while common law system suspects the protection effect of capital system and seeks solvency test approach to protect creditors.Chapter three points out advantages and disadvantages of two legal systems with respect to the creditor's protection in company's distribution.Chapter four analyzes specific provisions about creditor's protection in company's distribution in Chinese Company Law and demonstrates existing shortages of creditor's protection in company's distribution in Chinese Company Law.Chapter five presents personal suggestions about the improvement of creditor's protection in company's distribution in Chinese Company Law.