Corporate restructuring is not only one of the important ways to improve the competitiveness of enterprises under the international competition system, but also the basic method for the predicament enterprises to turn around distressed. As is in the form of diversification, the beneficial which need to protect is more and more diverse. Corporate restructuring will affect the interests of creditors.The company law generally provided advance rules and . But the procedures of later rules is complicated. If we apply the invalid lawsuit to protect the interests of creditors, it will affect more people. Therefore, all the countries legislate for the rules in advance in detail to achieve the desired purpose.