Research On Protecting Creditor’s Right To Know In Bankruptcy And Reorganization

Bankruptcy reorganization system as a new "bankruptcy law" of our country’s three big one of the basic system,to a great extent,changed the traditional use of bankruptcy and liquidation in bankruptcy law system of the pursuit of a single value of the creditors’ interests and orientation,to safeguard the legitimate rights and interests of creditors to a great extent,promote social stability and balance.On the basis of this,the protection of the interests of creditors has become a major concern for the whole society.The right to know is the universal value and power of the citizens of modern society,and it is more important in the bankruptcy reorganization procedure.In bankruptcy reorganization process,the creditors as an important participant,more should be fully guarantee the right to know,to make creditors to exercise examine whether the creditor’s rights and through the distribution of the bankruptcy property scheme and other major matters of the decision,to a greater degree of the bankruptcy reorganization procedure of substantive justice and procedural justice,safeguard the interests of creditors to maximize,and promote the smooth progress of bankruptcy reorganization,avoid the enterprise bankruptcy reorganization and give creditors creditors is brought about by the uncertainty and instability.At present in our country "bankruptcy law" and related system,has yet to introduce the concept of right to know the specific,there is no protection for creditors’ right to know in the process of reforming problems related to make specific provisions,for the protection of the right to know is still in a state of absence.Therefore,this article from the angle of the necessity of protecting the creditor’s right to know in the bankruptcy reorganization system is analyzed,based on the analysis of three Companies of the Northeast Special Steel Group’s success of the enterprise bankruptcy reorganization,to explore in the reorganization process,from the perspective of right to know how to protect the creditor’s right to know,to guarantee fairness in essence on the basis of success in the reorganization process.