Showing 1 - 6 of 6
The single-shareholder companies law and its expected impact on SMEs
Business, Tilleke & Gibbins International Ltd, Published on 16/10/2015
» In 2008, amendments to the Civil and Commercial Code (CCC) reduced the minimum number of shareholders required to incorporate a limited company to three from seven. This change seemed to encourage new business registration, as the number of newly incorporated juristic persons in Thailand has increased at an average rate of 8% per year since then except for 2009 and 2014.
Thailand's new debt collection law provides a measure of protection
Business, Tilleke & Gibbins International Ltd, Published on 21/08/2015
» Debt collection has long been associated with deceptive and unscrupulous practices. In Thailand, it is not uncommon to hear stories of collectors tricking debtors into paying by giving false information or even resorting to abusive language, violence and blackmail.
Rights management information protection in Thailand
Business, Tilleke & Gibbins International Ltd, Published on 24/07/2015
» The internet has made access to a plethora of content readily available across the world. Search engines such as Google, Bing, Yahoo and AOL have made it even easier to find content. As access increases, however, the risk of such content being duplicated or altered also rises.
Legal changes affect guarantors' rights and obligations
Business, Tilleke & Gibbins International Ltd, Published on 10/07/2015
» Guarantors are subject to a number of important obligations under Thai law. A guarantor can be held jointly liable with a debtor, or worse, solely and entirely liable as a primary debtor. In addition, creditors often use their higher bargaining power to force guarantors to waive their rights as secondary debtors, meaning that certain fundamental rights, such as the requirement for creditors to first call on debtors, are no longer enforceable.
Catch me if you can: Cases of stock manipulation
Business, Tilleke & Gibbins International Ltd, Published on 20/03/2015
» Last year, 23 people were alleged to have been involved in the manipulation of three separate stocks. The investigations and prosecutions in these cases are ongoing. In light of recent events, this article explains the crime of stock manipulation, discusses the seminal Supreme Court decision on the matter and identifies a potential new tool of enforcement for private citizens through the recently passed class action legislation.
US cracks down on it theft by overseas manufacturers
Business, Tilleke & Gibbins International Ltd, Published on 08/02/2013
» Marking an unprecedented milestone in the fight against unfair competition, a state attorney-general in the United States has taken legal action against a Thai manufacturer that produced and exported products while using stolen IT to unfairly lower its operating costs and undercut competition.