英文摘要 |
According to the Article 18 of Chinese Insolvency Law, the administrator is entitled to decide whether to continue to perform or terminate the contract. The purpose is to enhance the value of the property of the debtor, and maintain the overall interests of the creditors. According to this purpose, the Chinese Insolvency Law needs to improve in the following aspects. First of all, we should set up special provisions of the situation that praestare is separable. Secondly, it should be clear from the provision that rescinding contract is producing legal effect of restoring the original status, and opposite party enjoys the claim of restoring the original status, it is common benefit right. |