Even taking into account the virtues of the US bankruptcy regime and the poor record of aviation industrial relations, this is a counsel of despair. 即使考虑到美国破产机制的种种好处以及航空公司在劳资关系方面的不良记录,这也是一种自暴自弃的做法。
Receivables securitization needs a special purpose vehicle ( SPV) for assigning account receivables and bearing risk for investors of the securities, and preventing the creditor from the bankruptcy remote. 作为一种新型融资手段的应收账款证券化,需要构建一个特设目的实体SPV,用以受让应收账款并单独对证券持有人承担风险,而不受原始权益人破产风险的影响。
The dwarfed priority may account for the nature of bankruptcy proceedings, and these restrictions are construed to be a result of legal value evolution in the bankruptcy legislation. 这种限制系破产程序本身的特点所决定,同时也是破产法立法价值嬗变的结果。
Firstly, the author gives a brief account of allocation system from five angles, including definitions, characters, procedures, principles of property allocation& bankruptcy provisions, as well as concurrences of enforcement, in order to make an overall and detailed demonstration to this system. 从定义、特征、程序、财产分配原则及与破产制度、执行竞合之间的关系五个方面对执行参与分配制度进行探讨,旨在对该制度进行整体和详尽的把握。