On 26th May 2020, Thai Airways International PCL (“TG”) filed a petition for its business reorganization (rehabilitation) with the Central Bankruptcy Court (“CBC”).  The CBC accepted the petition for consideration and issued its Announcement on the Business Reorganization of TG on 16th June 2020 to notify the company registrar, the official receiver and the creditors... Read More

The Bankruptcy Act (No. 10) B.E. 2561 (A.D. 2018) was published in the Royal Gazette on 2nd March 2018. It amended the Bankruptcy Act B.E. 2483 (A.D. 1940) effective from 3rd March 2018. The major changes under the Bankruptcy Act No. 10 are listed below. The term “secured creditor” has been changed to include secured... Read More

The Head of the National Council for Peace and Order (“NCPO”) issued the Order No. 21/2017 under Section 44 of the Interim Constitution to improve ease of doing business in Thailand by amending five legislations (the “Order”).  The Order was published in the Royal Gazette on 4th April 2017 and has become effective on and... Read More