The automatic stay system is conducive to the full protection to the property of estate and the order discharge ofcreditofbankruptcy to the creditors.
自动冻结制度有助于实现对破产财团的充分保护,也有利于实现对债权人的公平清偿。
2
The new code expanded the scope and definition of financial transactions not covered by bankruptcy rules to include credit default swaps and mortgage repurchase agreements.
新破产法扩大了金融交易的范围和定义,添加了破产法以前没有涵盖的信用违约互换和抵押贷款回购协议。
3
In late August, even before the credit squeeze reached a full state of crisis, a hospital system in Hawaii filed for bankruptcy reorganization after a lender failed to extend a loan for another month.