THANATHIP & PARTNERS

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Publications

Our lawyers have contributed several articles to leading legal journals. We also periodically share some of our knowledge with our clients, or update them on topical legal issues, in the form of our “Legal Express” publication.

This will generally provide our clients with helpful information, or address more specific legal issues in the areas of securities and banking, especially those which we believe are of relevant interest to our platinum clients. Certain editions of our “Legal Express” publication have also included comments, as well as practical solutions, or suggestions from Thai authorities.

Foreign Business Operation in Thailand
May 2020
In general, non-Thai persons have the same rights as Thai nationals to own and operate businesses in Thailand, except where specific restrictions apply. This note is principally intended to provide a general overview of such restrictions as prescribed under the Foreign Business Act B.E. 2542 (1999) (as amended) (the “FBA”) and other key legislations as well as certain practical alternative considerations.
Security Interest under Thai Laws
April 2020
Thailand adopts a civil law system similar to that of the continental Europe in that all the laws are written and embodied in codes or statutes. Thai judicial structure follows the traditional pattern of the Courts of First Instance, the Courts of Appeal and the Supreme Court. Precedent, albeit persuasive, do not establish binding principles of law but lower courts tend to follow decisions of the Supreme Court.
Delisting in Thailand
November 2019
This note sets out the process and relevant regulatory aspects concerning delisting of securities from the Stock Exchange of Thailand (the “SET”) or the Market for Alternative Investment (the “MAI”). In Thailand, a listed company may have its securities delisted on either a voluntary (the “Voluntary Delisting”) or involuntary (the “Involuntary Delisting”) basis.