Showing 1 - 10 of 57
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.
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.
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.
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.
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.
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.
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.
The new payment systems bill: e-payments and beyond
Business, Tilleke & Gibbins International Ltd, Published on 18/03/2016
» In recent months, there has been excitement about the prospect of new electronic payment services in Thailand. News reports have described a system that will enable instantaneous funds transfer using only ID cards.
Changes in Thailand’s appeal system for civil cases
Business, Tilleke & Gibbins International Ltd, Published on 19/02/2016
» There are three tiers of courts in Thailand — the courts of first instance (Civil Court, District Court, Provincial Court and other specialised courts), appeal courts and the Supreme Court (Dika Court or Sarn-Dika). Thai law traditionally has allowed parties to appeal any court of first instance decision to the appeal courts and subsequently the latter’s decision to the Supreme Court. The Supreme Court’s judgement (referred to as the Dika) is final.
Insider trading: Time for reform and tougher penalties
Business, Tilleke & Gibbins International Ltd, Published on 05/02/2016
» Recent headlines in Thailand and abroad have drawn attention to a spate of high-profile cases involving insider trading and the inadequate punitive action that follows. Many have called into question the efficacy of sanctions imposed by the Thai Securities and Exchange Commission (SEC) to deter insider trading. This article will look at the law surrounding insider trading in Thailand, how it is enforced and whether the law is effective.