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
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Our Insights
The Evolution of Directors’ and Officers’ Liability in Thailand
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
Thailand Cross-Border Insolvency with Foreign Creditors
Thailand is currently facing challenges as a result of a global economy under pressure from the COVID-19 pandemic, leading numerous companies to struggle with insolvency. Some companies will be facing this stress in multiple jurisdictions with current travel restrictions hindering … Read More