Author Archives: Dr. Paul Crosio

One gauge of the level of business distress is the number of bankruptcy applications filed, which have risen sharply in 2021. Often seen as a last resort, this indicates that despite the continued support of the government and financial institutions, … Read More

Legal compliance and value enhancement are appropriate objectives for a director and board to focus on, but directors downplay their custodial role at their peril. In an age of increasing liability risk, directors and officers are reminded that it is … Read More

Introduction As previously mentioned, Thai proceedings are highly complex with several procedures and conditions that need to be met in order to come to a successful conclusion. Thailand’s bankruptcy law is modeled after that of the United States, which provides … Read More