在2008年雷曼兄弟向美國聯邦破產法院尋求第11章之破產保護,揭開金融海嘯之序幕,使公司破產一夜之間成為眾所矚目之焦點。有關於公司在財務困難之狀態下之企業經營者應如何為經營判斷,企業經營者之受任人義務對象究為股東或是債權人,皆有所爭議。此外,公司債務清理程序中將有優惠性清償、詐欺移轉與補足責任或是刑事責任溯追董事於財務困難時所為行為之責任。 是故,本文嘗試究以上問題,提出研究及分析。本文於第一章說明研究目的與動機、研究範圍與方法。第二章則針對債務清理程序與公司債務清理程序進行整體性之說明。第三章從比較法上觀點討論公司債務清理程序企業經營者之責任,從美國德拉瓦州公司法、聯邦破產法與英國破產法下討論董事於財務困難時所需負之責任與義務。第四章則從我國法下探討在我國公司法、民法以及債務清理法草案下,當公司進入債務清理程序後有關企業經營者之相關責任之溯追,並與與外國立法例作比較分析。最後,本文於第五章,就前述各章之內涵做出總結。
On September 15, 2008 the Lehman Brothers Holdings Inc. filed a petition in the United States Bankruptcy Court seeking relief under chapter 11 of the U.S Bankruptcy Act. Corporate bankruptcy became the centre of the public attention overnight, for it made a significant impact on the economic. The top issue is for who is the director of a distressed company a fiduciary? What’s more, this paper also concerns about the preference or fraudulent transfers made by directors. The First Chapter explains why" management liabilities in the insolvent company " is the focus of this paper. The Second Chapter outlines the framework of insolvency regime. The third Chapter introduces the insolvency procedure in the U.S and U.K. What’s more discusses the director liability and obligations in the insolvent company under the Delaware Corporate Law, and Bankrupt Act in the U.S and Insolvency Act in the U.K. The Fourth Chapter compares the concrete insolvency process in Taiwan and in the U.S. In addition, this chapter discusses the key issue of the director liability, include preference, fraudulent transfers, wrongful trading, fraudulent trading, and director’s fiduciary duties in insolvent corporate. The Fifth Chapter draws conclusion of the subject.