司法拍卖

从国际立法视角看船舶司法拍卖的正当程序问题

Due process in judicial sale of ships

就在人们对我国MBO众所纷纭之时，历经两年半的波折，处于风口浪尖之上的宇通客车MBO终于以司法拍卖的方式完成。

Just as we argue on Chinese MBO , through two and half years , the MBO of yutong bus company that is the focus of attention is completed by legal auction .

本案例对宇通客车MBO过程进行了比较详尽的描述，作者对宇通客车MBO的政策环境、资金来源、信息披露、收购定价、司法拍卖的公正性进行了剖析。

This case describes the process of MBO of Yutong Bus in detail . The author analyzes policy environment , buyout pricing , capital origin , information disclosure and judicial auction in this case .

这亟需理论界对司法拍卖的相关理论作出解释、梳理。

It need to explain and comb the theory of judicial auction .

2003年12月，上海宇通将郑州市财政局告上法庭，通过司法拍卖，上海宇通拍得了宇通集团90%的股权。

In December 2003 , Shanghai Yutong proceeded against Zhengzhou Finance Bureau and got 90 % of equity of Yutong Group through judicial auction .

本系统基本可适用各个地区的司法拍卖程序，为司法拍卖的程序提供了一种可选的解决方案。

The Judicial auction system can basically be used to almost every judicial auction . And also provides an alternative solution for the judicial auction system .

因此，司法强制拍卖制度完善研究是很有必要进行的。

Therefore , the judicial enforcement of the auction is necessary improvements carried out .

不过，这与约20年前的系统性问题大不相同。当时的问题导致美国司法部对拍卖公司的合谋定价进行了为期三年的刑事调查。

But this is rather different from the systemic issues that nearly 20 years ago led the United States Justice Department to began a three-year criminal investigation into auction house collusion .