Follow us to keep up to date on the latest legal developments in Thailand with in-depth analysis from our legal experts.
In Thailand, the intersection of corporate insolvency and director liability raises critical questions for company leaders. While the law does not impose a duty on
Thailand’s proposed pre-packaged bankruptcy reforms mark a major evolution in its insolvency regime. By allowing debtor–creditor agreements before court filing, the new framework aims to streamline rehabilitation, reduce timelines, and align Thailand with international restructuring practices.
Thailand is updating its Bankruptcy Act to introduce a formal pre-packaged rehabilitation mechanism. This important reform has been recently approved by the House of Representatives
Thailand’s business rehabilitation regime under the Bankruptcy Act B.E. 2483 (1940) continues to serve as a vital legal mechanism for companies facing financial distress. The
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