Cynthia M. Pornavalai and Ahmet Yesilkaya, partner and consultant in Tilleke & Gibbins’ corporate and commercial group, have coauthored the Thailand chapter of Getting the Deal Through – Real Estate 2014, a guide to real estate in 28 jurisdictions worldwide. The chapter provides an insight into real estate ownership and investment in Thailand, and it examines foreign investment law in terms of liability, choice of law, and important considerations when investing in Thailand. In particular, the chapter covers the following topics:

The evolution of real property financing in Thailand—from primarily bank loans to rigid property funds to the proposed real estate investment trusts (REITs)—reflects the liberalisation of the Thai market, the need for alternative funding options, and the need for the country to maintain its regional competitiveness.The Capital Market Supervisory Board under the Securities and Exchange Commission (SEC) issued regulations last year governing the issuance and offering of REITs in Thailand. The regulations took effect on Jan 1 this year.

Directors and officers of both local and multinational companies in Thailand are subject to a complex array of legal duties and obligations. When things go wrong, company executives often find themselves named personally in civil suits, regulatory investigations, and criminal prosecutions, putting their assets and their livelihoods at risk. Gaining an understanding of the local legal and regulatory environment is therefore an essential step for any director or executive working in Thailand, and this short guide aims to answer some of the most common questions asked.

Practical Law Company has published the latest edition of its Corporate Real Estate Multi-Jurisdictional Guide, a country-specific Q&A guide that delves into a number of key, topical subject areas in corporate real estate worldwide.

Directors and officers of both local and multinational companies in Thailand are subject to a complex array of legal duties and obligations. When things go wrong, company executives may find themselves named personally in civil suits, regulatory investigations, and criminal prosecutions, putting their assets and their livelihoods at risk. Understanding the local legal and regulatory environment is therefore essential for any director or executive working in Thailand. This article aims to answer some of the most common questions posed by directors.

Part and parcel of protecting and enforcing brand owners’ intellectual property is preventing counterfeit goods that infringe their rights from ever reaching consumers. One way in which this can be accomplished is through conducting raid actions, which eliminate counterfeit products from the market and deter further violations by infringers. Removing counterfeit products from the market also protects consumers, who may be unaware of their counterfeit nature, and who may fall victim to the potentially hazardous side effects of goods produced without appropriate levels of quality control.

Following adoption of the new Labor Code (in force since May 1, 2013), the government of Vietnam recently issued Decree 102/2013/ND-CP (Decree 102) elaborating the Labor Code’s provisions on foreign nationals working in the country. Under Decree 102, which took effect on November 1, 2013, employers using foreign workers will be required to submit an annual “foreign labor demand report” to the local authorities.

In the August 2013 issue of Informed Counsel, we updated readers on the return of talks about enacting legal measures against landlords whose acts contribute to copyright and trademark infringement committed by their tenants. Tilleke & Gibbins, in collaboration with the Department of Intellectual Property, is now making progress on this project as part of an initiative to introduce legal measures, which will hopefully contribute to significantly reducing copyright and trademark infringement in Thailand.