Showing 1-10 of 35 results
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Insurance laws changing with the times
Business, Tilleke & Gibbins International Ltd, Published on 01/05/2015
» To promote and develop Thailand's growing insurance industry and prepare for greater market activity under the Asean Economic Community, the government recently amended the laws governing the country's life and non-life insurance industries for the third time. Formally known as the Life Insurance Act No.3 of 2015 and the Non-Life Insurance Act No.3 of 2015, the amendments took effect on March 6, seven years after the previous amendments were made. The changes can be divided into three main parts as follows:
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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.
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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.
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Class actions arrive in Thailand: will the law of unintended consequences prevail?
Business, Tilleke & Gibbins International Ltd, Published on 15/05/2015
» In December of this year, amendments to the Civil Procedure Code allowing for class-action lawsuits will come into force. If the effects on the legal systems of other jurisdictions are good indicators, the Thai legal landscape will undergo a fundamental shift. This article will introduce class actions generally and then look at the new legislation and its potential impact.
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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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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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Avoiding patent infringement using freedom-to-operate analyses
Business, Tilleke & Gibbins International Ltd, Published on 04/03/2016
» In today's business world, patents are increasingly used by innovative companies as a tool to support technology transfer and to create opportunities for commercial success. Owning a patent provides a competitive advantage, and it often leads to possibilities to license or sell the patented technology and expand into international markets.
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Thailand's new alcohol labelling and message requirements
Business, Tilleke & Gibbins International Ltd, Published on 18/09/2015
» On Jan 22, the government issued a new notification, published in the Royal Gazette, setting out controversial labelling and message restrictions for alcoholic beverages that could result in major losses for the alcohol industry. It is being challenged before the Administrative Court, but pending the outcome of that case it has been in effect since April 22.
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Trade laws prohibit anti-competitive practices
Business, Tilleke & Gibbins International Ltd, Published on 28/11/2014
» Competition law, which is also called antitrust law in the United States, trade practices law in Australia and Britain, or anti-monopoly law in Russia and China, may go by many names, but what most competition laws generally have in common are these three elements:
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Alternative means of allocating telecommunications spectra
Business, Tilleke & Gibbins International Ltd, Published on 08/08/2014
» Reports have been circulating since the beginning of this year that the National Broadcasting and Telecommunications Commission (NBTC) is looking to make a number of changes to the Act on Organisation to Assign Radio Frequency and to Regulate the Broadcasting and Telecommunications Services of 2010, also known as the Frequency Allocation Act. One of the most talked-about changes would involve Section 45, which deals with allocation of spectra.
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