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Tilleke & Gibbins
The primary goal of business rehabilitation proceedings is to provide debtors who are facing insolvency with various mechanisms to address their financial difficulties.
Pisut & Partners
Restructuring & Insolvency Comparative Guide for the jurisdiction of Thailand, check out our comparative guides section to compare across multiple countries
Tilleke & Gibbins
Thailand's economy in recent years has felt the impact of a seemingly endless list of challenges, such as the COVID-19 pandemic, global economic recession, repercussions from wars and armed conflicts...
Tilleke & Gibbins
Under Thai bankruptcy law, a creditor can file a request for a debtor to be placed under an absolute receivership order and bankruptcy judgment.
Tilleke & Gibbins
COVID-19 and the resulting lockdown measures to limit outbreaks in Thailand have caused significant financial difficulties for many business operators, large and small.
Kudun and Partners
In episode 3 of our Business Rehabilitation Spotlight Series, we will discuss on the most crucial stage for creditors in a business rehabilitation proceeding, which is the "Debt Repayment Application."
Tilleke & Gibbins
Thailand's Official Receiver recently issued an important announcement relevant to all existing or potential creditors of Thai Airways International Public Company Limited ("Thai Airways International").
Frank Legal & Tax
Bankruptcy is a legal proceeding involving a person or business that is unable to repay their outstanding debts, while reorganization is a process where a company establishes and implements a plan ...
Silk Legal
The CBC will either approve or reject the petition during the 17 August hearing and will likewise appoint a planner to prepare the flag carrier's rehabilitation plan.
Silk Legal
In the previous edition of the overview on Thailand's approach to bankruptcy, we covered how parties petition for bankruptcy proceedings, the processes involved,...
Mayer Brown
This Legal Update provides an outline of the Thai rehabilitation process, by reference to the Thai Airways proceedings currently underway in Bangkok's Central Bankruptcy Court.
Tilleke & Gibbins
Aggressive creditors may force a partnership into bankruptcy and certain individual partners may be required to follow.
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