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BUSINESS

Inheritance of leasehold property in Thailand

Business, Tilleke & Gibbins International Ltd, Published on 16/10/2017

» With its beautiful beaches, scenic mountains and bustling cities, Thailand has long enjoyed a reputation as a popular tourist destination. At the same time, the country has also become an attractive hotspot for foreign nationals wishing to buy property.

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BUSINESS

What is a patent worth?

Business, Tilleke & Gibbins International Ltd, Published on 03/03/2017

» When deciding how much to invest in their intellectual property rights, product manufacturers often ask: "What is a patent worth?" This is a reasonable question, given the costs required to obtain patent protection.

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BUSINESS

Foreign directors and the criminal court summons process: bound by duty

Business, Tilleke & Gibbins International Ltd, Published on 06/01/2017

» The criminal summons process can affect a company director in many ways and at virtually any time. For example, a director may be summoned as a witness, as a representative for an accused company, or even as an individual accused of a crime. Further complicating matters is the possibility that a summons could be issued to a company director without his or her direct knowledge. This increases the risk of noncompliance, possibly subjecting the director to additional liability.

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BUSINESS

Using patent searches to add commercial value

Business, Tilleke & Gibbins International Ltd, Published on 23/12/2016

» A patent is a type of intellectual property that can provide protection for a design, the invention of a product, or the process of making an invention. For a patent to be granted, one of the key requirements is that it must be new or novel. But beyond its novelty, a patent also has commercial value.

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BUSINESS

Public-private partnerships in infrastructure projects

Business, Tilleke & Gibbins International Ltd, Published on 09/12/2016

» The government has said it intends to use public-private partnerships (PPPs) to help it achieve its infrastructure development goals. To this end, the previous administration passed the Private Investment in State Undertakings Act (2013) and the current government announced a related strategic plan in 2015.

BUSINESS

Terminating an employee for poor work performance

Business, Tilleke & Gibbins International Ltd, Published on 30/09/2016

» As most employers can attest, terminating employees for poor job performance is not easy. But it is legally possible, so long as specific precautionary measures are taken. If such measures are not taken, an employer may find itself either stuck with an incompetent employee, or on the losing end of a lawsuit for unfair termination.

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BUSINESS

Product liability: recalls and business impact

Business, Tilleke & Gibbins International Ltd, Published on 19/08/2016

» A number of well-known companies have recently recalled their products to fix problems or defects. Whenever a recall occurs, business suffers, both from the cost of the recall and damage to the company's reputation.

BUSINESS

Creditors' claims for debt repayment in reorganisation

Business, Tilleke & Gibbins International Ltd, Published on 08/07/2016

» Thailand's economy does not paint an image that befits the country's reputation as the "Land of Smiles". Politics, drought, floods and conflict in the Deep South have taken their toll on Thai businesses. As a result, we have seen a steadily rising number of business reorganisations over the past few years. This article outlines Thailand's business reorganisation procedures and how creditors can collect debts from companies involved in reorganisation.

BUSINESS

Benefits of an effective compliance programme

Business, Tilleke & Gibbins International Ltd, Published on 15/04/2016

» Companies and the people who run them are subject to an increasing array of local and international regulations. Running afoul of these regulations can lead to corporate scandals that hurt a firm's reputation and cause lasting damage. A compliance and ethics programme can help ensure that an organisation operates within the law and stays true to its own ethical principles that are important to the company's business and identity.

BUSINESS

The US vs Apple and Microsoft: makings of a perfect storm

Business, Tilleke & Gibbins International Ltd, Published on 01/04/2016

» In February, a US court in California issued an order to Apple that was equivalent to a magnitude 9 earthquake striking Silicon Valley. It told Apple to write code to bypass a security feature to allow a brute-force password attack by the FBI to unlock an iPhone used by one of the terrorists killed by police after the San Bernardino attack in December 2015.