(a) Are there any recent, imminent or proposed legislative, administrative, or practical reforms or developments or proposals in the legal system of this economy which impact upon the matters mentioned above?

Yes. The reforms of insolvency law are in process. Under the reforms it is anticipatedto create new provisions regarding the international insolvency and new rehabilitationprocedures which can restrict secured creditors' rights to some extent but are less restrictive than Corporate Reorganization Law.