Overview of Thai Bankruptcy Reorganization Proceedings
I was seconded (posted) to Thailand in the late 1990s during the Asia financial crisis in large part because of my experience with contested bankruptcy matters in the U.S. Because Thailand is again having financial problems, I decided to post an update version of a brief article I authored in 2012.
Overview of Thai Bankruptcy Reorganization Law
Bankruptcy laws often require courts...
Will Gambling be Decriminalized in Thailand?
In 1935, the Thai Royal Command enacted the Gambling Act (the “Gambling Act”). The Gambling Act prohibits any organization or participation in any form of betting excluding state-licensed lotteries and horse races. Although other Southeast Asian nations, including Laos, Malaysia, Cambodia, and Singapore, have legalized gambling, Thailand continues to criminalize gambling. Thailand’s strict...