鉴戒与启示:析美国衡平居次原则之流变  

Lessons and Enlightenment:the Evolution of the U.S.Equitable Subordination Rule

作　　者：王玥明 Wang Yueming(School of Law,Xiamen University,Xiamen 361005,China)

机构地区：[1]厦门大学法学院,福建厦门361005

出　　处：《福建金融管理干部学院学报》2020年第4期43-52,共10页Journal of Fujian Institute of Financial Administrators

摘　　要：1938年美国"深石案"所确立的衡平居次原则虽于1978年《联邦破产法》中初步成文,但几十年来,美国法院在适用衡平居次原则的主体要件、行为要件乃至根本属性上均难形成统一判准,且与公司法的相关制度多有抵牾,因而最高人民法院在典型案例"沙港公司诉开天公司执行分配方案异议案"中引入的"舶来品"实则是"半成品"。有鉴于此,我国在司法实践中应当严格限制衡平居次原则的适用范围。同时,在审查破产债权的过程中,优先考虑债权重定位、公司人格否认、关联交易规则等债权人保护制度,仅在确认债权真实有效的前提下适用衡平居次原则。The Deep Rock Doctrine established in 1938 was codified as 510(c)in Title 11 of the United States Code in 1978,up till now,it has not yet formed a systematic standard in types of case,subject and conduct,so that the exotic product imported by the Supreme People’s Court of the PRC in Shagang Company v.Kaitian Company Case are semi-finished,that is,our courts are also bewildered in similar cases.Therefore,it is necessary to clarify the relationship between the Equitable Subordination Rule and the current legal systems such as recharacterization rule,piercing the corporate veil,fraudulent conveyance and mismanagement law etc.Moreover,it is crucial to quote the judgment of Shagang Company v.Kaitian Company Case at the end of legal application.

关 键 词：深石原则 衡平居次 劣后受偿 破产债权 

分 类 号：D922.291.92[政治法律—经济法学]