中文版

为什么出台破产法？

破产法，作为现代经济法律体系中的重要组成部分，对于规范企业破产行为、保护债权人权益、促进经济健康发展具有不可替代的作用。那么，为什么我们需要出台破产法呢？

首先，破产法的出台是市场经济发展的必然要求。在市场经济中，企业作为市场主体，其生死存亡受到市场竞争的严峻考验。当企业因经营不善、市场环境变化等原因无法继续经营时，如果没有明确的法律规范来引导和处理，将会导致社会资源的浪费和市场秩序的混乱。因此，破产法的出台为市场经济提供了一套规范的破产处理机制，有助于维护市场秩序和公平竞争。

其次，破产法有助于保护债权人的合法权益。在企业破产过程中，债权人往往面临着无法收回债权的风险。如果没有破产法来规范和保障债权人的权益，那么债权人可能会遭受巨大的经济损失。破产法通过规定破产程序、破产财产分配等制度，确保债权人在企业破产时能够依法获得合理的赔偿，从而维护了债权人的合法权益。

此外，破产法还能促进企业的再生与发展。对于那些有挽救价值的企业，破产法提供了破产重整、和解等制度，使其能够在法律框架内实现债务重组和资源优化配置，从而恢复生机并继续发展。这不仅有助于减少社会资源的浪费，还能促进经济的稳定增长。

综上所述，出台破产法对于规范市场经济秩序、保护债权人权益、促进企业再生与发展具有重要意义。它是现代经济法律体系不可或缺的一部分，为经济的健康发展提供了有力的法律保障。

英文版

Why Is Bankruptcy Law Introduced?

Bankruptcy law, as an essential component of the modern economic legal system, plays an irreplaceable role in regulating corporate bankruptcy behavior, protecting creditors' rights, and promoting healthy economic development. So, why do we need to introduce a bankruptcy law?

Firstly, the introduction of bankruptcy law is an inevitable requirement of market economy development. In a market economy, enterprises, as market players, are subject to rigorous tests of market competition for their survival. When a company cannot continue operating due to poor management, changes in the market environment, or other reasons, the absence of clear legal norms to guide and handle such situations will lead to the waste of social resources and the chaos of market order. Therefore, the introduction of bankruptcy law provides a standardized bankruptcy handling mechanism for the market economy, helping to maintain market order and fair competition.

Secondly, bankruptcy law helps protect the legitimate rights and interests of creditors. Creditors often face the risk of being unable to recover their debts during a corporate bankruptcy. Without bankruptcy law to regulate and safeguard creditors' rights, they may suffer significant economic losses. Bankruptcy law ensures that creditors can obtain reasonable compensation in accordance with the law during corporate bankruptcy by stipulating bankruptcy procedures, distribution of bankruptcy assets, and other systems, thus safeguarding their legitimate rights and interests.

Furthermore, bankruptcy law can also promote the regeneration and development of enterprises. For companies with salvage value, bankruptcy law provides systems such as bankruptcy reorganization and conciliation, enabling them to achieve debt restructuring and optimal allocation of resources within the legal framework, thereby restoring their vitality and continuing to develop. This not only helps reduce the waste of social resources but also promotes stable economic growth.

In summary, the introduction of bankruptcy law is of great significance for regulating market economic order, protecting creditors' rights, and promoting the regeneration and development of enterprises. It is an indispensable part of the modern economic legal system, providing strong legal guarantees for the healthy development of the economy.