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Thailand Changes its Statutory Interest Rate

Thailand - April 19 2021 Thailand has made significant changes to its statutory interest rate framework for the first time in almost a century. Since 1925, the statutory…

Suruswadee Jaimsuwan, Thawat Damsa-ard.

Thai Airways Insolvency Proceedings - Creditor Repayment Application Deadline

Thailand - October 27 2020 Thailand’s Official Receiver recently issued an important announcement relevant to all existing or potential creditors of Thai Airways International…

Bankruptcy Court Accepts Thai Airways’ Business Rehabilitation Petition

USA - June 10 2020 On May 26, 2020, Thai Airways International PCL submitted a petition for business rehabilitation, including a list of creditors, to the Central…

COVID-19 and Aircraft Leases: Lessor Options under Thai law

United Kingdom - April 27 2020 The COVID-19 outbreak has had a devastating effect on Thailand’s aviation industry. Both international and domestic flights have been dramatically…

Nuanchun Somboonvinij.

Thai Judicial Authorities Announce Hearing Postponements amid COVID19 Outbreak

Thailand - March 25 2020 In an effort to help stem the COVID 19 virus outbreak in Thailand, the nation’s chief judicial authorities have ordered the postponement of most…

Piyawat Vitooraporn, Thawat Damsa-ard.