Advised a major Japanese construction company in a USD 140,000,000 mixed-use office, condominium and serviced apartment project in Hanoi, including all licensing matters, land title issues, zoning variances, land subdivision, joint venture negotiations, corporate governance, and property management regulations.
Property
Tilleke & Gibbins provides efficient, cost-effective, business-oriented representation on property transactions in Thailand and Vietnam. We work with domestic and multinational companies to develop tailored solutions for regional investment and global growth.
Our integrated approach, combining issues of banking and finance, commercial transactions (especially, joint ventures), insurance, regulatory affairs, tax, and, when necessary, dispute resolution and litigation, has earned us the trust of sophisticated investors and developers throughout Southeast Asia. As seasoned practitioners, we specialize in solutions that synthesize relevant business issues and our clients’ goals.
Profitable real estate opportunities can be fleeting in the forward-moving economies of Vietnam and Thailand. We help our clients in all industries, from manufacturing to hospitality, recognize and capitalize on these opportunities.
Among our recent matters, we have:
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Advised a key client on its various property joint venture projects with a major property group, including financing agreements, project joint venture agreements, and legal and tax structuring of specific condominium projects.
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Represented one of the world’s most recognizable fashion and luxury goods retailers in several commercial real estate disputes in Thailand arising from the disputed termination of a 30-year franchisee relationship. This representation includes negotiation and settlement of lease hold and commercial franchisee contracts with both the outgoing franchisee and the incoming franchisee partner, one of Southeast Asia’s largest and most successful commercial retailers.
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Helped a major U.S. hospitality chain to structure, draft, and negotiate management contracts and conduct due diligence for six hotel, resort, and condominium projects in compliance with Vietnamese law, including land title, zoning issues, complex brand licensing, and various taxation issues.
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Acted as counsel to the developer of various condominium projects in Pattaya. Our involvement covered all aspects of the condominium project, including legal structuring of investor groups, financing, land acquisition, and contracts.
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Represented a client as a joint defendant in a civil lawsuit filed by the owner of adjacent land. The land owner petitioned the court to register a right-of-way across our client’s land to a public road. The trial court rendered judgment in favor of our client and dismissed the land owner’s complaint.
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Advised on a mixed development of an entire island, including land acquisition, development and construction permits, joint venture agreements, financing, customer and supplier contracts, and the legal and tax structure.
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Assisted an international investor with all legal aspects of a land deal, including corporate structure, contract negotiation, and transfer of property. The investor secured ownership of over 20 individual plots of prime beachfront property, which allowed for the eventual establishment of a high-end resort project valued at over THB 1,500,000,000.
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Restructured the complete set of home loan documents for a global financial institution. The documentation set includes the facility agreement, mortgage agreement, and tripartite agreements between the bank, borrowers, and real estate developers.
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| Name | Position | Office |
Contact |
|---|---|---|---|
|
Waewpen Piemwichai |
Associate | Bangkok |
+66 2653 5505 |
|
Chaiwat Keratisuthisathorn |
Associate | Bangkok |
+66 2653 5507 |
|
Penrurk Phetmani |
Associate | Bangkok |
+66 2653 5509 |
|
Ahmet Yesilkaya |
Consultant | Bangkok |
+66 2653 5535 |
|
Kitti Thaisomboon |
Associate | Bangkok |
+66 2653 5539 |
|
Pornchai Srisawang |
Associate | Bangkok |
+66 2653 5543 |
|
Timothy Wales |
Consultant | Bangkok |
+66 2653 5555 |
|
Cynthia M. Pornavalai |
Partner | Bangkok |
+66 2653 5559 |
|
Noppadon Treepetchara |
Associate | Bangkok |
+66 2653 5791 |
|
Kasamesunt Teerasitsathaporn |
Associate | Bangkok |
+66 2653 5799 |
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| Date | Title |
|---|---|
| December 17, 2010 |
Interview with Cynthia M. Pornavalai on Legal Reform Cynthia M. Pornavalai In this interview with Business Report Thailand, Tilleke & Gibbins partner Cynthia M. Pornavalai discusses the possibility of government reform to boost investment. Cynthia examines... |
| June 21, 2011 |
The BigChilli Magazine Interviews David Lyman David Lyman The BigChilli, a Bangkok-based lifestyle magazine, recently interviewed David Lyman, Chairman & Chief Values Officer of Tilleke & Gibbins. The interview highlighted the background... |
| June 27, 2011 |
Oxford Business Group Launches The Report: Thailand 2011 David Lyman In the wake of 2010’s political unrest and with upcoming national elections on the horizon, the climate for business and foreign direct investment in Thailand remains uncertain. The Report:... |
| August 9, 2011 |
Tilleke & Gibbins Featured in Vietnam Business Forum Thomas J. Treutler, Michael K. Lee Vietnam Business Forum, a weekly magazine published by the Vietnam Chamber of Commerce and Industry, featured Tilleke & Gibbins in its edition for August 1-8, 2011. This was a special... |
| December 9, 2011 |
Tilleke & Gibbins Named Best Firm in Thailand at Asia Women in Business Law Awards Darani Vachanavuttivong, Tiziana Sucharitkul Tilleke & Gibbins was named “Best Firm in Thailand” at the inaugural Asia Women in Business Law Awards, held at the Jockey Club in Hong Kong on December 8, 2011. Representing Tilleke &... |
| Date | Title |
|---|---|
| October 29, 2009 |
Lawyer’s Obligation: Confidentiality of Client Information in Thailand David Lyman, Alongkorn Tongmee This paper answers a number of important questions about the role of client confidentiality within the Thai legal system. Key points include the regulations governing confidentiality, the limits... |
| December 14, 2011 |
Thailand Legal Basics, a valuable primer for foreign investors, begins with an overview of Thailand’s legal system, including its history and the events and professionals that are shaping... |
| December 14, 2011 |
Thailand Legal Basics: Land Systems, Rules, and Regulations Chaiwat Keratisuthisathorn, Kobkit Thienpreecha Land ownership in Thailand may be individual or shared with other Thais. Any Thai national may purchase land in the Kingdom. Land issues are governed primarily by the Land Code B.E. 2497 (A.D.... |
| May 11, 2011 |
The Report: Thailand 2011 – Legal Framework The Report: Thailand 2011, published by Oxford Business Group, provides an in-depth analysis of various sectors of the Thai economy. In the legal section of the publication, Tilleke... |
| May 3, 2011 |
Viewpoint – The Political Scene in Thailand: Pre-Election Observations David Lyman In response to regular queries received from our multinational clients, David Lyman, Chairman & Chief Values Officer of Tilleke & Gibbins, has been providing periodic updates on the... |
