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ID:20401847
大小:93.50 KB
页数:6页
时间:2018-10-13
《applicationof“deeprock”doctrineanditsreference法律英语论文》由会员上传分享,免费在线阅读,更多相关内容在工程资料-天天文库。
1、Applicationof“DeepRock’’DoctrineandItsReferenceAbstract:Withthedeepeningoftheeconomicglobalization,corporationplaysamoreandmoreimportantroleintheworld.Corporationasagreatinventionownsanindependentpersonality,whichbringsusboomingeconomy.Butonceabusedintentionally,itwilldegenerateintoaninst
2、rumenttodefraudthecreditorsorthepublic.Inordertodecreaseitsnegativeeffectsandsustaintheboomingmarket,“DeepRock”doctrineaswellastheDisregardingoftheCorporateEntity,isfirstlyusedintheAnglo-Americanlegalfamiliestoregulatethecorporation,althoughChinaacceptedtheinstitutionofdisregardingoftheco
3、rporateentityinthenewCompanyLawofthePeople’sRepublicofChina,“DeepRock”doctrineisstillneitherembracedinitorinthenewlyenactedLawofthePeople’sRepublicofChinaonEnterpriseBankruptcy.Thisarticleespeciallypressesonthecomparisonbetweenthetowforesaiddoctrinesandaimstogivethepracticalmethodtoapplyi
4、tinChina.Keywords:“DeepRock”doctrine;DisregardingoftheCorporateEntity1Introductionof‘‘DeepRock”doctrineCorporationistheproductofthematureeconomy.Onceborn,thisgreatinventionshowsitsamazingpowerinthedevelopmentofmarketandsoonbecomestheengineoftheeconomy.Allitsadvantagescanbeattributedtoitst
5、wofootstones—independentpersonalityandlimitedliability,however,everycoinhastwosides;everybusinesscompanyisorganizedandearnedonprimarilyfortheprofitsoftheshareholderswhichconflictsthepublicinterest,anditsmeritsalsocanbepervertedasaninstrumentforapprovingtheevilswhichimpairtheinterestsofthe
6、creditorsandthepublic.Inthedevelopedcountries,especiallyintheU.S.A.,thedilemmaproveditselfmoreandmoreobviously.Therefore,theDisregardingoftheCorporateEntitywasconfirmedbyaseriesofjudgment,subsequentlysomeimportantprinciplesanddoctrinesdeveloped,deeprockdoctrineisoneofthem.“DeepRock”doctri
7、neisaruleofbankruptcylawintheUnitedStates,whichisdevelopedbytheU.S.SupremeCourtinthecaseofTaylorv.StandardGasCo”306U.S.307(1939).Therulerequiresthat,whereasubsidiarycorporationdeclaresbankruptcyandaninsiderorcontrollingshareholderofthatsubsidiarycorporationassertscl
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