The Demerit and Improvement of Trustee System in Enterprise Reorganization in China

Abstract

Current trustee system in China has defects on the legislation in the area of system design and content arrangement. To bring the vitality of the trustee system into full play, the entire system needs to be improved. It is necessary not only to reasonably divide the functions of the courts and trustee, so as to ensure the fairness of the procedure. Moreover, it is necessary to build an intelligent selection platform for trustee to break geographical protection. By establishing a trustee's reward incentive and restraint system, forming a trustee’s association, as well as improving the trustee's occupational insurance system to increase their business level and management efficiency.