New amendments to the Civil and Commercial Code will change the way loan guarantees are enforced in Thailand. Under the changes, which are due to take effect on February 11, guarantors will benefit from increased protection, as contracts imposing joint liability between a debtor and a guarantor will be void.This change would, at first glance, appear to suggest that creditors will be forced to pursue debtors before pursuing guarantors. In reality, however, creditors will still have options to pursue guarantors before debtors under the new law.

Tilleke & Gibbins, in association with Lex Mundi, has published the latest edition of the Guide to Doing Business in Thailand. The guide provides a comprehensive overview of the legal and business environment for investors entering the Thai market. In particular, it covers topics such as the current political climate, investment incentives, financial facilities, exchange controls, import and export regulations, establishing and operating a business, labor and employment, tax, and immigration requirements.

This article provides an overview of the regulatory framework in Thailand for the banking and securities sectors. The following subjects are discussed in detail:

There was much fanfare last year about the enactment of the Private Investment in State Undertaking Act of 2013. Many commentators forecasted an era of renewed vigor for public-private partnerships (PPPs) in Thailand.

The latest edition of Global Patent Litigation, Supplement 23, 2014, has been published by Kluwer Law. The book provides a comprehensive, multijurisdictional overview of the main features of patent law and patent litigation, delving into how a patentee can enforce a patent and highlighting the possible pitfalls and remedies. The Thailand chapter, coauthored by Nandana Indananda and Nuttaphol Arammuang, partner and attorney-at-law respectively in the intellectual property group at Tilleke & Gibbins, examines the following main subjects in detail:

The year 2014 saw several groundbreaking cases in IP enforcement in Vietnam. As negotiations ramp up in talks for the EU-Vietnam FTA and TPP, Vietnam has sent several strong signals to investors that it is taking steps to ensure better protection of IP rights. Notable cases in the last year included:

In association with Lex Mundi, Practical Law Company has published the latest edition in its series of Q&A-style guides to doing business in jurisdictions around the world. The Myanmar chapter, written by Tilleke & Gibbins attorneys, gives an overview of key recent developments affecting doing business in Myanmar as well as an introduction to the legal system; foreign investment, including restrictions, currency regulations and incentives; and business vehicles and their relevant restrictions and liabilities.

Practical Law Company, in association with Lex Mundi, has published the latest edition of its Q&A guides to doing business worldwide. The Thailand chapter, authored by Tilleke & Gibbins attorneys, presents an overview of the country’s legal system and the key laws applicable to foreign companies doing business in the Kingdom. In particular, the chapter examines the following main subjects: