MEDIA: how to avoid conflict in family-owned businesses

Running a successful family business requires understanding each family member’s needs and concerns; also, collaborating constructively in terms of legal compliance, business possibilities, and family conflict management.

So, how do you work through tensions and keep relationships intact for the long term? How do you resolve family-related conflict and work as a team to ensure fairness and preserve wealth for inheritance? How can you safeguard your estate to avoid family disputes?

Join the discussion with IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul in an episode of the popular evening TV programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin.

This episode premiered on Monday 10th June 2024 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website here: https://www.thaipbs.or.th/home

IAS Advisory co-host for prestigious “Thailand ADR Week 2024”

As a sponsor of the Thailand Arbitration Center (THAC), IAS Advisory proudly invites all in-house legal counsels, legal advisors, and others to join “Thailand Alternative Dispute Resolution (ADR) Week 2024,” from 18th-20th September 2024.

This year’s event, “Emerging Trends in ADR,” takes place over three days at the Anantara Siam Bangkok Hotel, with sessions focused on the future of dispute resolution through international and regional developments.

Guest speakers include Police Colonel Mr Tawee Sodsong from Thailand’s Ministry of Justice and Prof Dr Mohamed S Abdel Wahab, founding partner and head of international arbitration, construction, and energy at Zulficar & Partners Law Firm (Egypt).

IAS Advisory is honoured to co-host, together with THAC and Watson Farley & Williams, the session “The ASEAN Way: Implications for Disputes along the OBOR (One Belt, One Road)” on Day 2.

Seats are limited, so book now! The early bird registration fee for “Thailand ADR Week 2024” is THB 4,900 until 31st July 2024, after which the cost of registration will increase to THB 6,700. For more information, visit: https://thac.or.th/thailand-adr-week-2024/

Reserve your place here: https://event-booking.thac.or.th/en/event/adrweek2024/s1

IAS Advisory welcomes three interns from NIST International School

The firm was delighted to welcome pupils from Bangkok’s renowned NIST International School onto its internship programme recently.

Year 11 students Ms Rani de Smet and Ms Ebba Bryneson were with us from 7th-13th June, and Ms Patvitra Reanchareonsuk joined us from 24th-28th June. They were warmly welcomed and integrated seamlessly as part of our team.

Rani, Ebba and Patvitra represented NIST admirably. They impressed us with their can-do attitude, their performance on assignments, and their creativity and team spirit on collaborative projects.

NIST International School in Bangkok is a not-for-profit full IB World School offering a premium international education. The school is well known for its commitment to building a community of diverse perspectives and experiences, and prides itself on developing students who are ready and ambitious to make a positive impact.

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MEDIA: how can landlords defend against claims for adverse possession?

Under what circumstances can non-owning third parties claim valid title to a landlord’s property? What should a landlord do in the event of a potential adverse possession claim? What countermeasures are available and what are the do’s and don’ts for landlords for avoiding and dealing with this issue?

Join the discussion with IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul in an episode of the popular evening TV programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin.

This episode premiered on Thursday 6th June 2024 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website here: https://www.thaipbs.or.th/home

 

Anuwat lectures on course organised by Udon Thani Provincial Industrial Council

IAS Advisory co-founder Mr Anuwat Ngamprasertkul was recently invited to give a lecture on “Family, Business and the Law” on a course organised by Udon Thani Provincial Industrial Council in northeast Thailand.

The course, Young Industrialists Udon Thani Province, Class 3 (Young FTI Udon Thani #3), is running over a period of several weeks from 18th May to 3rd August, and is aimed at budding entrepreneurs and business owners, heirs and those gaining experience in business administration.

Anuwat’s lecture, on Saturday 8th June, focused on laws and regulations governing family and business and on relevant precedent cases; also, on the causes of family conflict, preventing problems, and taking action to resolve related legal issues.

Anuwat’s session was preceded in the morning by a lecture on “Creating sustainable cooperation between the public and private sectors” by Mr Natthaphong Khamwongpin, Deputy Governor of Udon Thani Province, and was followed by a lecture on “Business management planning strategies to mitigate taxation” by Ms Wannipa Phiphobsayasit, Director of the Economic & Investment Center, Region 3 (Khon Kaen).

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Anuwat named “Litigation Star” in Thailand for Commercial & Transactions

Congratulations to co-founding partner Mr Anuwat Ngamprasertkul on his inclusion in the latest edition of Benchmark Litigation, a well-known industry guide to the world’s best litigation firms and lawyers.

Anuwat has been highlighted as a Litigation Star in Thailand for his specialist expertise in Commercial and Transactions.

Benchmark Litigation uses various research methods to analyse and rank legal practitioners, including case evidence (analysing law firm case highlights), client feedback (taking in the views of in-house counsel), and peer review (based on feedback received from law firm partners).

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IAS Advisory enjoys beach getaway trip to charming Cha-Am

IAS Advisory recently returned from its annual company outing! The team enjoyed three days, from 17-19th May, in Thailand’s Phetchaburi province, near the famous beach getaway of Cha-Am.

We stayed at the lovely Vela Villa resort, located between the beaches of Chaosamran and Puak Tian, which is an area still largely untouched by tourists.

As part of the firm’s ongoing expansion we have recently welcomed several new joiners, and the resort provided the perfect balance of exclusivity and privacy needed for connecting new teams and building relationships and was an ideal place for us to relax and unwind.

The trip afforded us the opportunity to fully recharge our batteries ahead of another really busy year, as well as undertake various joint exercises and team-building activities in an ideal beach retreat setting.

Party activities included football, karaoke, pool/snooker, swimming and of course lots of eating, including several delicious BBQ dinners! These in addition to staff feedback and development sessions, which focussed on inspiring collaboration and engagement and creating a healthy and positive work environment at the firm.

The IAS Advisory team is already looking forward to its next adventure!

Anuwat makes further appearances on national TV in Thailand

Stay tuned for more appearances by IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul on Thai national television later this month.

Anuwat recently filmed episodes of the popular news and current affairs programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin.

Anuwat appears in his role as a senior legal consultant to discuss topics including:

Adverse possession,” a legal doctrine under which a person in possession of someone else’s land is able to acquire valid title to it. Anuwat covers the do’s and don’ts for landlords for avoiding and dealing with this issue;

Freelancing,” with Anuwat identifying the legal implications of freelance work and how to stay protected under the law; and

Family business management,” with Anuwat offering guidance on how to protect one’s business and estate for the next generation and also avoid family disputes.

All episodes will be broadcast on Thai PBS, Thailand’s public broadcasting service.

Watch this space!

Asia Business Law Journal names the country’s top law firms

IAS Advisory was delighted to be named recently among Thailand’s top law firms by Asia Business Law Journal (ABLJ). ABLJ offers expert analysis and resources for Asia-focused in-house counsel and lawyers in private practice, providing unique insight into Asia’s legal landscape and informed commentary on the region’s top achievers.

After winning the New Firm to Watch and Data Compliance & Cyber Security awards last year, IAS Advisory was among the winners in this year’s Real Estate and Litigation categories, overseen respectively by firm co-founders Mr Ittinant Suwanjutha and Mr Anuwat Ngamprasertkul.

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Anuwat joins 5th International Arbitration & Corporate Crime Summit

Co-founding partner Mr Anuwat Ngamprasertkul was delighted to join the recent Legal Plus “Thailand & SE Asia: 5th International Arbitration & Corporate Crime Summit,” which took place at the Rembrandt Hotel & Suites Bangkok.

The event, on Thursday 14th March, was attended by international legal experts and industry luminaries and was organised by Legal Plus, a global events specialist that creates and manages annual summits, forums and seminars throughout Asia, the Middle East and Europe. The organisation partners with leading industry companies around the world as well as government institutions, leading arbitration centres and chambers of commerce.

Anuwat joined the event’s 3rd Grand Panel, on “Dispute Avoidance, Crisis Management and Being Prepared for Trial – Cross Examination Tips and Techniques,” with Mr Sameet Ghambir (Vice President (Corp. Law) and Company Secretary at DCM Shriram Ltd.) and Ms Dawn Tan (Managing Director at ADTLaw LLC). The panel was moderated by Mr Charlie Manzoni KC, SC of 39 Essex Chambers.

During his segment, Anuwat covered: dispute avoidance through customised contracts tailored to align with commercial terms and conditions; crisis management and damage control via the Thai ADR process; mediation for certain types of civil and criminal cases under the new Dispute Mediation Act 2019; the standard mediation process in the Thai court system, including in-court settlements and judgments; mediation and arbitration processes in Thailand, including their pros and cons in comparison with other methods; the arbitration process at THAC (Thai Arbitration Center); small claims procedures; and online dispute resolution procedures.

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