Studies On The Protection Of The Interests Of The Creditors In The Company Merge

Merger and acquisition can make significant impact on obligee. But when protecting obligee, the company should avoid slowing the efficiency of the merger and acquisition.Company Law in China establishes the above value orientation. However, there are many defects on detailed design of protecting obligee, especially on right of claim relief when obligee's right being infringed, which is very disvantageous for obligee and need further legislation.The text mainly study legal issues of obligee protection during company merger and acquisition in four parts. Part one and part two generalizes the basic theoretical foundation of obligee protection during merger and acquisition, including limits, legal character, foundation and legal procedure of obligee protection. Part three analyzes and explains defects of Company Law in China, including lacking of detailed design of protecting oblige. Part four gives suggestion on completing obligee protection legal system, and building obligee benefit prior etc.