Legal basis for affiliated companies to bear joint and several liability

The legal basis for affiliated companies to bear joint and several liabilities is Articles 109 and 1 10 of the Bankruptcy Law. Article 109 of the Bankruptcy Law: A creditor who enjoys a security right over a bankrupt's specific property shall have the priority to be repaid. Article 110: If the creditor who enjoys the rights stipulated in Article 109 of this Law has not fully paid off the priority of repayment, his outstanding creditor's rights shall be regarded as ordinary creditor's rights; The creditor's rights shall be regarded as ordinary creditor's rights. An affiliated company refers to an enterprise that has direct or indirect control or significant influence on other enterprises. Affinity refers to the relationship between the controlling shareholders, actual controllers, directors, supervisors and senior managers of the company and the enterprises directly or indirectly controlled by them.