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

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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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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Anuwat gives lecture for Elite Wealth Group at British Club Bangkok

IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul was delighted to be asked to give a special lecture at the “Family Business Succession & Vino Voyage for Elite Partnerships” event at The British Club Bangkok (BC).

The sharing session, which took place on Wednesday 28th February, was organised by the Elite Wealth Group of Fivewhale, Thailand’s executive education academy headed up by Mr Suphachai Sukhanindr and Ms Pichanya Kanchanaporn.

Anuwat’s lecture was on “Succession Planning: Legal Frameworks for Seamless Family Business Transitions.” Topics covered included how to organise the family business holding structure, how to determine the stakeholders and give fairness incentives in the family business, and cases involving disputes and what we can learn from them.

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MEDIA: Thailand to repeal law imposing criminal liability for bad cheques

Until recently, issuing a cheque without sufficient funds was a criminal offence in Thailand, and people convicted of using a bad cheque faced possible jail time. But the Thai Cabinet has now approved a bill decriminalising “bounced” cheques under most circumstances, so that people are not faced with imprisonment simply because of defaulting on debt repayment.

Reservations about repealing the law have been expressed, however, due to the significant damages bad cheques cause to creditors in terms of time and resources and the lengthy civil proceedings that are required to recover payments. Others argue that criminal liability should be retained not just for the most serious offences, but if it can be proved that a debtor has issued a cheque dishonestly without the intention to pay.

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 Tuesday 2nd January 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