简介:<正>Inthelate1930’sAmericansdevelopedtheirfirstcomprehensivelawofbankruptcyreorganization.Inlargercases,thatlawprovidedfortheappointmentofatrusteeandseizureofcontrolofthebusinessfromthebusiness’spriorcontrolgroup.In1978,thatwasallchanged;theprototypeintheUnitedStatesnowleavesthe"debtorinpossession"chargedwithoperatingthebusinessforthebenefitofthebusiness’screditors.Inthisandmanyotherways,America’slawdifferssubstantiallyfromChina’srelatively-newbankruptcylaw.ThisarticlebrieflylooksatsomeofthestrongerdifferencesbetweenthetwosystemsandgivessomebackgroundtohowandwhytheAmericansystemevolvedfromtheoldermodeltothenewerone.WhilewemighteasilyidentifymanyfundamentaldifferencesbetweentheAmericanandChinesesystems,drawingnormativepolicyrecommendationsfromthosedifferencesisamuchmorechallengingtask.Onemight,ofcourse,betemptedtodosoanyway.Butthedifferingcultural,legal,andeconomiccontextswithinwhichbankruptcyreorganizationexistssuggeststhatonesotemptedshouldproceedverycautiouslyand,perhaps,withanextrameasureofmodestyaswell.
简介:<正>Introduction:StatuteLawandJudge-MadeLawthroughtheComparativeLensTherelationshipbetweentherolesofthelegislatureandofthejudiciaryinthedevelopmentoflawinalegalsystemisasubjectofenduringinterest.Thetraditionalcomparativelawscholarshipregardsthedifferentrelationshipbetweenstatutelawandjudge-madelaw,andinparticularthedifferentroleofthejudge,asonesofthe"characteristicdifferences"betweenthecommonlawandthecivillawtraditions.[2]Intheconventionalview,civillawismostlyacodifiedsystemwheretheroleofthejudgeisprimarilytointerpretandapplyawrittenbodyofstatutes,whereascommonlawismadeanddevelopedinlarge
简介:Ⅰ.Public-and-PrivateSectorSeparationinChina1.1.Quasi-SeparationofPublicandPrivateSectors:before1949PriortotheQinDynasty,thefeudalsystemwaspursuedastherulingmodeinChina.Publicpowerwasdecentralized.Feudalprinceswereinchargeoflocalaffairs,andtheimpactofkingshiponsocietywasindirect.Atthattime,dictatorialoppressivepowerdidnotappear.Therefore,therewasnoneedtoseparatepublicsectorsfromprivatesectors.