* NEWS UPDATE * IAS Advisory announces two new partners

IAS Advisory is delighted to announce the promotion of two outstanding legal practitioners, Mr Chumphon Macharoen and Mr Supachot Prasankiattiraj, to the firm’s partnership.

In practice for 19+ years, Chumphon, head of our renowned litigation, dispute resolution & arbitration department, brings a wealth of experience and knowledge to the most complex legal disputes. He is a go-to resource for recent judgments and ongoing case and regulatory developments in Thailand, and his legal acumen, foresight and versatility have become hallmarks of the practice he has run since the firm’s launch.

Supachot is a key member of our real estate, corporate & commercial/M&A, and litigation, dispute resolution & arbitration teams. He coordinates wide-ranging regulatory and transactional matters and is also one of the firm’s data privacy & personal data protection leaders. Supachot brings unmatched strategic insight to our clients, demonstrating exceptional skill whether in high-stakes mergers, resolving complex real estate issues, leading negotiations, or facilitating transformative business transactions.

Both Chumphon and Supachot have shown exceptional dedication, expertise, and leadership in their respective practice areas. Their contributions have significantly advanced IAS Advisory’s mission and reputation and we are delighted to recognise their achievements.

Sincerest congratulations, Chumphon and Supachot! Your commitment has greatly benefitted our clients and our team, and we’re proud to reward your efforts with this well-earned promotion. 👏

Announcement | Tamonwan promoted to Senior Associate

We are delighted to announce the promotion of key team member Ms Tamonwan Phansaiy to the position of Senior Associate.

In practice for nine years, Tamonwan works out of our litigation, dispute resolution & arbitration practice, where she now takes on additional leadership responsibilities.

Tamonwan joined shortly after IAS Advisory’s inception and has been central to it establishing itself as one of Thailand’s most recognised firms.

She has advised and represented domestic and international clients across a wide range of matters. Her expertise spans corporate and commercial disputes, civil and criminal litigation, domestic and international arbitration, administrative law, and family law.

Tamonwan is highly adept at alternative dispute resolution, especially arbitration, mediation, and corporate litigation. She provides crucial assistance in court-led mediation sessions and is an expert at negotiating settlement agreements and securing full payment of outstanding debts.

She continues to be an important resource for contract management at the firm as well, advising on bankruptcy and business reorganisation, consumer protection, international trade disputes, employment protection legislation, and intellectual property.

Please join us in offering our sincere congratulations to Tamonwan for her success and this fully-deserved promotion.

Congratulations, Tamonwan, from the whole IAS Advisory team! We’re excited to see what you’ll accomplish in your new role as your career maintains its upward trajectory and you continue to achieve exceptional results for us and our clients. 👏👏👏

Reminder re: upcoming AFBE “Family Business Transition Series”

A reminder about the upcoming “Family Business Transition Series” of six training workshops in Bangkok, which is being organised by the Association of Family Business Entrepreneurs (AFBE).

The workshops will take place in September and October and cover the family charter, family wealth management, family holding companies/restructuring, accounting and tax, M&A for stability, and wills. IAS Advisory co-founder Mr Anuwat Ngamprasertkul will be leading the series’ closing educational seminar on wills.

The training workshops will take place at hotel venues in the Sukhumvit area of Bangkok and run from 09:00-16:00. Registration starts at 08:00.

More information about the AFBE, including membership options and registration for events, is available on its website HERE.

Register now for all six training workshops to receive special AFBE privileges! Those interested in attending can register directly using the AFBE’s Google Forms service HERE.

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.

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

Anuwat “Litigation Star” for Commercial & Transactions in 2024

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 joins family conflict & inheritance mgmt seminar at AFBE

The Association of Family Business Entrepreneurs (AFBE) held a private seminar on “inheritance management and reducing family conflict” last month, which IAS Advisory co-founder Mr Anuwat Ngamprasertkul attended as a guest speaker.

The seminar covered a range of topics including the root causes of disputes in families, normal proceedings for estate allocation after death including the most common contentious issues, and the smart way to avoid disagreements and sustain the family business.

The event, which took place on 29th January, welcomed guests including family leaders, heirs, entrepreneurs, and estate managers.

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Siripen on teams committee at 6th Nat’l Mediation Competition

IAS Advisory co-founding partner Ms Siripen Kulworakulpitak was delighted to join the committee for selecting teams at the recent National Mediation Competition 2024. The competition was held over three days from 23-25th January 2024 at the Thailand Arbitration Center (THAC) in Bangkok.

Now in its sixth year, the event brings together Thailand’s next generation of mediators and negotiators and aims to encourage greater innovation, creativity and leadership. Using simulations of commercial disputes, participants get to put theory into practice and test strategies and tactics in a fun but competitive environment.

The event offers a great opportunity for 2nd, 3rd and 4th year degree students to participate in a mediation from start to finish. They gain practical experience of the whole process, from ensuring equal participation, to gathering viewpoints, to determining interests, from assessing possibilities, to creating win-win options, to finally outlining an effective compromise agreement.

Participants also get a chance to showcase their skills, connect with peers, and discuss the very latest mediation and negotiation techniques.

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Anuwat at AFBE event on wealth sustainability & family business strategy

The Association of Family Business Entrepreneurs (AFBE) held a recent whole-day seminar event about wealth sustainability and multi-generational business strategies for families in Thailand. Speakers at the event, which took place on Thursday 24th August, discussed the range of tools and structures available for passing businesses down from generation to generation, such as family holding companies.

My session focussed on family business organisation management from a legal perspective, as well as existing guidelines with respect to the following: the ‘connection’ of business organisations and family organisations; managing ownership of property as a joint owner in the family; conflict in family business; fair selection and selection of ‘people’; management when a competitive business is opened and the use of business secrets for personal gain; internal fraud management and spending money beyond your authority; and ownership pass-through from generation to generation.

Attendees at the event learnt how to identify short-term risks and long-term opportunities and how to achieve future business prosperity for themselves and their families.

Events such as this are just one way that the AFBE provides information and advice to its members and to family business operators. Engagement between speakers and participants is always encouraged as is sharing knowledge and personal experience.

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Anuwat at AFBE to discuss how to resolve conflicts in family businesses

The Association of Family Business Entrepreneurs (AFBE) invited IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul to appear as a speaker for the session, “Managing and preventing conflicts in family businesses before they escalate.”

A variety of topics were shared and discussed in closed group sessions at the event tailored according to each participant’s needs, including family business organisations, holding companies, business succession plans and methodologies, as well as fraud prevention mechanisms.

The event, which was held for the benefit of both members and non-members of the AFBE, took place on 22nd June 2023.

For more information about the AFBE, visit: https://afbefamilybusiness.com/

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