Analysis On The Construction Of Prepackaged System In China

Reorganization system as an important way for enterprises to get ridof difficulties is driving the wave of China’s economic market, but therestructuring of the system "acclimatized" in China’s restructuringpractice. Prepackaged system as an improved system of bankruptcyreorganization, has been proved to be an effective mode of enterprisesfor enterprises to get rid of difficulties in international practice, andprovides a variety of options. Although China’s bankruptcy law does notregulate prepackaged, but the public listed companies in China have beenspontaneous use the prepackaged model in the restructuring practice. Thetopics analysis of the advantages of prepackaged, describes theexperience of prepackaged system abroad, try to build a prepackaged systemcombined the foreign rules and our judicial practice. It is composed ofthree parts: the Preface, the article itself, which consists of fourChapters in about30,000words, and the Epilogue.The Preface is consisting of the topic selection and meaning and thewriting and research methods of this article.The first chapter analyzes why to build prepackaged system in ourcountry. Firstly, analysis the problems of restructuring system in practice, indicating that China’s restructuring system needs improvement.Secondly, analysis the advantages of prepackaged. Finally, analysis theproblems of China’s public listed companies in the spontaneousprepackaged practice, which shows the necessity of building prepackagedsystem in our country.The second chapter describes the prepackaged system’s standardsabroad, which provide a template and draw for China to build theprepackaged system. The United States is the birthplace of the prepackagedsystem, information disclosure and solicitation of voting rules ofprocedure is core rules of the prepackaged system, while the English-courtnegotiations dominant mode is to be viewed as its core. Then The SoutheastAsian countries borrowed the core rules of the United States and Britain.The establishment of the prepackaged there is a reference for China’sprepackaged system.The last Chapter specifically designs China’s prepackaged system.China’s prepackaged system can be Composed of the establishment of thelegal system, government guidance and cultivation of the marketenvironment.