Spanish Insolvency Act â Continuation Of The Trends Set By The 2009 Reform - Accounting - Spain. In line with the trend of the first reform to the Spanish Insolvency Act of 2003 carried out on March 2009 (the 2009 Reform), new amendments to the Spanish Insolvency Act (the SIA) were approved on 4 October 2011 (the Amendment).
This Amendment will enter into force on 1 January 2012. Still unsatisfied with the results of the 2009 Reform, players in the Spanish restructuring market have insisted on requesting the introduction of new features and changes to the current insolvency legislation. Growing Pains: Tensions and Opportunity in China's Transformation - Shorenstein APARC. China is transforming itself, and the world is adapting in response.
Profound forces have reshaped the country's socioeconomic and political landscapes, but they have also brought challenges—growing pains—that China must face if it is to continue its upward trajectory. Despite its successes, China is experiencing sharp growing pains. Rising levels of protest have accompanied the country's wrenching structural transformation. Corruption has prompted some observers to claim that the Chinese government is nothing short of a "predatory state. " Legal reform continues to languish. 260510_lsb_scheme_of_arrangement__eng.