Protection Of Corporate Creditors Under The Reform Of China 's Capital System

In December 2013, The Company Law of China about the company capital system has been modified. The reform is of great significance in encouraging investment and promoting economic development. However, because the current legal system of creditor protection is not perfect, it is easily to lead to amend the company’s capital regime after the interests of creditors have been infringed. Therefore, after the reformation of the capital system, it is very important to establish the supporting systems to protect the creditors of the company. This paper introduces the history of the reform of China’s capital system, capital system changes and the company creditor protection is discussed, proposes the deletion of creditor protection system of our current capital system, from the legal system America creditor protection, puts forward our country the capital system reform, perfects the company creditor protection system suggestion.The first part focuses on the reform and development of the company’s capital system. The second part focuses on the capital under our current capital system; our legal system is proposed for the company’s lack of creditor protection. The third section describes the major company’s creditor protection system and judicial practice in the USA. The construction of China’s company creditor protection system proposed in the fourth part, mainly from credit system, liability insurance system, subscription period, improving the system of disregard of corporate personality system four aspects carries on the discussion. The conclusion summarizes the full text.