Showing 1 - 9 of 9
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.
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.
Customs audits: understand the process and minimise your liability
Business, Tilleke & Gibbins International Ltd, Published on 30/10/2015
» It is common for Thai Customs Department officials to audit companies that import or export goods. The audits are generally random, and they almost always include a surprise inspection. Importers are rarely informed in advance by customs officials.
Termination for Serious Fraud: Tamping Out Smouldering Embers
Business, Tilleke & Gibbins International Ltd, Published on 02/10/2015
» Fraud, which is both a civil and criminal wrong, involves a deliberate deception to secure an unfair or unlawful gain. Employees commit fraud of varying degrees for many reasons including financial, peer pressure and patronage obligations. In Thailand, most employee fraud is viewed as minor and goes unpunished even if detected. Serious fraud is another matter.
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.
Patent litigation in Thailand: Know your rights and duties
Business, Tilleke & Gibbins International Ltd, Published on 07/02/2014
» Patent litigation is on the rise in Thailand as patent owners become increasingly vigilant and their competitors strive to take advantage of technical disclosures and publicly available advancements.
Land ownership through adverse possession
Business, Tilleke & Gibbins International Ltd, Published on 28/06/2013
» In Thailand, individuals or entities that are eligible to hold ownership of land under the Land Code can acquire it by means of purchase, hire-purchase, gift or inheritance. But there is one more way to obtain ownership of landed property, which does not require consent from the previous owner: adverse possession, colloquially known as "squatters' rights".
Health and safety and IP must go hand in hand
Business, Tilleke & Gibbins International Ltd, Published on 19/04/2013
» No one in their right mind would buy counterfeit medicines, chemicals, or car parts, yet there is a dark trade in these dangerous items in Asia _ and it is on the increase. A recent case in March, as reported by the Bangkok Post, is a clear example of what must be tackled: "Thailand's food chain and livestock industry faces a risk from imports of counterfeit glutaraldehyde, an organic compound used in disinfecting poultry and swine facilities" where up to 50% of the products found were fake.
Posting bail as an authorised director
Business, Tilleke & Gibbins International Ltd, Published on 27/07/2012
» Authorised directors are liable for the actions of their company, and in turn, they are sometimes involved in criminal charges. In such cases, they must prepare for the possibility that they may need to post bail to avoid a temporary stay in prison. There are typically two situations in which a director may have to consider posting bail.