36220063()JournalofZhejiangUniversity(HumanitiesandSocialSciences)Vol.36,No.2Mar.2006[]20051212[][](05JC820047)[](1975),,,,,(,100084)(Exemption),,,,,[1]173,,[2]141,,,20,,,,JohnHicks,,,,,,,,,,,,,,,,,[3]300,1978,,,,,,,[4]70,,,;,,,,,,,,,,,,,,[5]72-82,,,,,,,,,,,©1994-2008ChinaAcademicJournalElectronicPublishingHouse.Allrightsreserved.:,,,,,,,,,,,,,(),,,,[6]499,,,,,,,,:,,;,,1705,[7]31Blackstone,[8]482,,,1841,,,[9]311867,,,,1999,1898,,,,,,,,()148:,,,;,,,,,,50%,,[10]360,,,,1976(theInsolvencyAct),,;,,,,,,,1483,,,;,,,,,9712:1:©1994-2008ChinaAcademicJournalElectronicPublishingHouse.Allrightsreserved.[][1][].[M].,.:,1996.[2].[M].,.:,1987.[3][].[M].,,.:,1995.[4]CHARLESW.BankruptcyinUnitedStatesHistory[M].MD:Beardbooks.1935.[5].[J].(),2003,(6):7282.[6]POSNERR.TheRightsofCreditorsofAffiliatedCorporations[J].1976,43:499.[7]ROBERTLT,WILLIAMDW.BankruptcyLawforParalegals[M].NY:TheFoundationPressInc.1998.[8]BLACKSTONEW.CommentariesontheLawofEngland[M].London:J.Murry,1876.[9]JAMESJW.BankruptcyandCreditorpsRights[M].St.Paul,MN:WestPublishingCo,1985.[10].[M].:,2000.1,2(1.,310028;2.,310028),,,,,(),,:,,,,,,,,,,,,,,(,20015)(),,,,,,:(1)(),,,,,,,,,,,,,,,(2)20(?)(),,,,,,,,,,;,,,,,,081()36©1994-2008ChinaAcademicJournalElectronicPublishingHouse.Allrightsreserved.