Sanction Tracker – Russia
As part of our compliance and international trade practice, we strongly encourage all of our clients and other interested parties to take appropriate measures to determine if they are directly or indirectly doing business with any party subject to the sanctions that have been imposed against Russia. You can view Correctiv’s sanction tracker here.
We do not maintain this check list. It is...
Thailand’s New Credit Term Regulation
By Douglas Mancill and Nat Uawithya
The Policy Rationale Behind Thailand’s Credit Regulation
Negotiated terms between commercial parties of equal bargaining power are generally considered better than dictated terms. But regulatory authorities don’t always agree.
Last year Thailand’s Trade Competition Commission (“TCC”) promulgated a credit terms regulation (the “Regulation”) intended to...
Words That Have No Place in Your Legal Documents: “And/Or”
Never use “and/or” in legal drafting, particularly when describing an obligation. It has been correctly described as an “ugly legalism”; William Strunk, Jr., and E.B. White, in their classic, The Elements of Style, say and/or is “A device, or shortcut, that damages a sentence and often leads to confusion or ambiguity”. They are right.
Justice Fowler, more colorfully, described it...
Anti-CorruptionAnti-Money LaunderingAnti-Trust & Trade Competition RegulationCommercialCompany Formation, Corporate Advice & Corporate Secretarial ServicesConstruction & PropertyCorporate/M&AData Protection & Information TechnologyDispute ResolutionEmployment LawFinancing & TradeFranchising AgreementsInsolvency & RestructuringInvestments & Company Formation29 November, 2020by Legal Analytics
Top 12 Things to Keep in Mind When Planning on Doing Business in Thailand
The top 12 things to keep in mind when planning to do business in Thailand:
1. Foreign Ownership of Companies and Land: This is often a surprise for business people and lawyers operating in more open economies, but foreigners are prohibited from owning land (absent narrow exceptions) and foreign majority owned businesses are prohibited from engaging in a wide range of...