“Corporate governance,” as defined by the Stock Exchange of Thailand (SET), is a system of processes by which a company is directed or controlled with the objective of protecting the rights and interests of its shareholders and other stakeholders. It includes the relationships between a company’s board of directors, executive and management teams, and shareholders. In Thailand, the implementation of corporate governance is not mandated by any specific law.

Thailand, with its rich culture and beautiful sites, presents a very attractive destination to foreigners from many countries—for visit, travel, or even retirement purposes. Some of these foreigners wish to own property in Thailand, either as an investment or as personal residence.

Foreigners in Thailand derive their legal rights primarily from the domestic laws of Thailand. There are certain rights that are reserved only for Thai citizens, but this is not unusual as all countries have their own restrictions on the rights of foreigners. The rights of foreigners in Thailand are restricted to a certain extent by such statutes as the Nationality Act, Immigration Act, Foreign Business Act, Land Code, and Alien Employment Act.

Using a question-and-answer structure, this article provides an introduction to litigation, available remedies, and alternative dispute resolution in Thailand.

Using a question-and-answer structure, this article looks at arbitration procedures, required evidence, arbitral remedies, and enforcement in Thailand.

When a person directly causes injury to another through negligence, it is clear that liability is attributed to the wrongdoer and the injured person may claim compensation from the wrongdoer. However, there are circumstances where a natural or legal person may attract liability for personal injury even though they did not directly cause the injury. Such circumstances usually involve a special relationship linking that party to the wrongdoer. This article describes several instances of this type of vicarious liability.

Subject to the conditions prescribed by the Bank of Thailand, non-residents are generally allowed to open and maintain both Thai baht and foreign currency accounts with certain authorized agents in Thailand. Presently, 18 Thai commercial banks and 17 foreign bank branches are registered and authorized by the Bank of Thailand as authorized agents. This article examines the procedures.

The competitive success of the Association of Southeast Asian Nations when confronting the challenges of rising economic powerhouses, such as India and China, will depend significantly on how effectively the region’s countries embrace systems for the effective protection of intellectual property rights. This article looks at the role IP laws and enforcement will play in ASEAN’s growth.