外资并购中目标企业债务处理的法律分析

发布时间：2018-04-24 09:37

本文选题：外资并购 + 目标企业　；参考：《大连海事大学》2009年硕士论文

【摘要】： 外资并购是一项系统工程,涉及的法律问题纷繁复杂,其中不仅有立法相对滞后以及法律适用上的冲突产生的法律问题,还有现实中外资并购情况复杂、诸多违法现象产生的法律问题。在众多法律问题中,本文选择了以目标企业的债务处理为视角展开论述。虽然相关立法已经对外资并购中目标企业的债务处理做了相对周延的规定,其中既有根据并购模式不同而做出的债务处理的规定,也有尊重意思自治,允许双方当事人在不损害社会利益和他人利益的前提下自由协商的规则。但在实践中,外资并购境内企业债务处理的法律问题并非理想中的那么明确和简单,其中既有假借外资并购逃避债务的问题,也有法律规制上的空白以及立法上的不妥之处。论文在结构上分为四部分。文章一开始,本文先对“外资并购”和“外资并购中目标企业债务处理”的含义做了界定,然后对外资并购的模式、外资并购立法的法律本质、以及立法现状做了基本的解析。这一部分为后文的分析说明问题提供了理论基础和事实依据。本文的第二章,以现行外资并购制度为基础,对外资并购中目标企业债务处理的原则做了法律上的分析。重点是从法律适用的角度如何处理目标企业债务的问题。通过分析不难看出,虽然外资并购法律依据的阶位较低,但其规定还是相对完善的,并且基本上符合民商事法律的私法原理。结合实际,本文的第三章概括了目标企业债务处理过程中存在的现实问题。其中既有规避现行法律逃废债务、贱卖国有资产等问题,也存在立法上资产责任没有规制的漏洞和措辞的不妥之处。这一章是本文的提出问题部分。文章的最后一部分是分析问题、解决问题的部分,也是本文的重点着墨之处。结合民商法的基本原理和现行法律法规,在对上述问题进行深入分析的基础上,本文强调了外资并购中目标企业的债务处理必须履行法定的手续;提出了外资并购中资产责任问题的法律规制方案;论证了《关于外国投资者并购境内企业的规定》中债权债务处理条款之措辞的不妥之处,并阐述了对其修改的立法思考。
[Abstract]:M & A by foreign capital is a systematic project, involving numerous and complicated legal issues, including the legal problems arising from the relative lag of legislation and conflicts in the application of laws, as well as the complex situation of mergers and acquisitions of foreign capital in reality. Legal problems arising from many illegal phenomena. Among the many legal problems, this paper chooses the target enterprise's debt treatment as the angle of view. Although the relevant legislation has made relatively extensive provisions on the debt treatment of the target enterprises in foreign capital mergers and acquisitions, both the provisions on debt treatment made according to the different merger and acquisition models, and the autonomy to respect the will, Rules that allow parties to negotiate freely without prejudice to the interests of society and others. But in practice, the legal problem of debt disposal of foreign capital M & A domestic enterprises is not so clear and simple as ideal, including the problem of avoiding debt by using foreign capital merger and acquisition, the blank of legal regulation and the unsuitability of legislation. The structure of the paper is divided into four parts. At the beginning of the article, the author defines the meaning of "foreign capital merger and acquisition" and "target enterprise debt treatment", and then makes a basic analysis of the mode of foreign capital merger and acquisition, the legal essence of foreign capital merger and acquisition legislation, and the present situation of legislation. This part provides the theoretical basis and the factual basis for the following analysis and explanation. In the second chapter, based on the current system of foreign capital merger and acquisition, the author makes a legal analysis of the principle of debt treatment of target enterprises in foreign capital mergers and acquisitions. The focus is on how to deal with the debt of the target enterprise from the point of view of the application of the law. It is not difficult to see through the analysis that although the legal basis of foreign capital M & A is relatively low its provisions are relatively perfect and basically accord with the principles of private law of civil and commercial law. Combined with practice, the third chapter summarizes the practical problems existing in the process of debt treatment of target enterprises. There are not only some problems such as evading the existing laws and avoiding the debts and selling state-owned assets at a low price, but also the loopholes in the legislation and the improper wording of the asset liability. This chapter is the question part of this paper. The last part of the article is the analysis of the problem, the part of solving the problem, which is also the focus of this paper. Combined with the basic principles of civil and commercial law and current laws and regulations, on the basis of in-depth analysis of the above issues, this paper emphasizes that the debt treatment of target enterprises in foreign mergers and acquisitions must carry out legal procedures; This paper puts forward the legal regulation scheme of asset liability in foreign capital M & A, demonstrates the inappropriate wording of the terms of dealing with creditor's rights and liabilities in the provisions on the merger and acquisition of domestic Enterprises by Foreign investors, and expounds the legislative considerations on the revision of the provisions.
【学位授予单位】：大连海事大学
【学位级别】：硕士
【学位授予年份】：2009
【分类号】：D922.291.91

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