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Article 160Avoidance of Acts Prejudicial to Bankruptcy Creditors

第百六十条(破産債権者を害する行為の否認)

The following acts (excluding acts concerning the provision of security or extinguishment of debt) may be avoided in the interest of the bankruptcy estate after the commencement of bankruptcy proceedings:

次に掲げる行為(担保の供与又は債務の消滅に関する行為を除く。)は、破産手続開始後、破産財団のために否認することができる。

an act conducted by the bankrupt with the knowledge that it would prejudice bankruptcy creditors; provided, however, that this does not apply when the person that has benefited from the act did not know at the time of the act that it would prejudice a bankruptcy creditor; or

破産者が破産債権者を害することを知ってした行為。ただし、これによって利益を受けた者が、その行為の当時、破産債権者を害することを知らなかったときは、この限りでない。

an act that would prejudice bankruptcy creditors conducted by the bankrupt after the suspension of payments or filing of a petition to commence bankruptcy proceedings (referred to below as "suspension of payments, etc." in this Section) has taken place; provided, however, that this does not apply when the person that has benefited from the act did not know at the time of the act that the suspension of payments, etc. had taken place nor that the act would prejudice a bankruptcy creditor.

破産者が支払の停止又は破産手続開始の申立て(以下この節において「支払の停止等」という。)があった後にした破産債権者を害する行為。ただし、これによって利益を受けた者が、その行為の当時、支払の停止等があったこと及び破産債権者を害することを知らなかったときは、この限りでない。

With respect to an act concerning the extinguishment of debt conducted by the bankrupt, if the value of the performance received by the creditor exceeds the amount of the debt extinguished by the act, and the act satisfies any of the requirements stated in the items of the preceding paragraph, the act may be avoided in the interest of the bankruptcy estate after the commencement of bankruptcy proceedings only with regard to the part other than the part equivalent to the amount of the extinguished debt.

破産者がした債務の消滅に関する行為であって、債権者の受けた給付の価額が当該行為によって消滅した債務の額より過大であるものは、前項各号に掲げる要件のいずれかに該当するときは、破産手続開始後、その消滅した債務の額に相当する部分以外の部分に限り、破産財団のために否認することができる。

A gratuitous act or an onerous act that should be deemed to be equivalent to a gratuitous act conducted by the bankrupt after or within six months prior to the suspension of payments, etc. may be avoided in the interest of the bankruptcy estate after the commencement of bankruptcy proceedings.

破産者が支払の停止等があった後又はその前六月以内にした無償行為及びこれと同視すべき有償行為は、破産手続開始後、破産財団のために否認することができる。

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