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 |
|---|---|---|---|
|
Chaiwat Keratisuthisathorn |
Associate | Bangkok |
+66 2653 5507 |
|
Kasamesunt Teerasitsathaporn |
Associate | Bangkok |
+66 2653 5799 |
|
Kornkieat Chunhakasikarn |
Associate | Bangkok |
+66 2653 5804 |
|
Penrurk Phetmani |
Associate | Bangkok |
+66 2653 5509 |
|
Pornchai Srisawang |
Associate | Bangkok |
+66 2653 5543 |
|
Vinh Quoc Nguyen |
Associate | Ho Chi Minh City |
+84 8 3936 2061 |
|
Waewpen Piemwichai |
Associate | Bangkok |
+66 2653 5505 |
|
Noppadon Treepetchara |
Associate | Bangkok |
+66 2653 5791 |
|
Kitti Thaisomboon |
Associate | Bangkok |
+66 2653 5539 |
|
Ahmet Yesilkaya |
Consultant | Bangkok |
+66 2653 5535 |
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| Date |
Title |
|---|---|
| March 17, 2011 |
David Lyman David Lyman, Chairman & Chief Values Officer of Tilleke & Gibbins, was recently invited to participate in the inaugural BRT Business Leaders Lunch. Held at the JW Marriott in Bangkok, the... |
| December 21, 2012 |
Chambers Asia Pacific Awards 2013: Tilleke & Gibbins Shortlisted for Thailand Law Firm of the Year Darani Vachanavuttivong, Tiziana Sucharitkul Recognizing the firm’s status in the upper echelon of the Thai legal market, Chambers and Partners has nominated Tilleke & Gibbins for its Thailand Law Firm of the Year award. The firm is one... |
| February 25, 2011 |
Chambers Asia-Pacific 2011 Honors Seven Tilleke & Gibbins Attorneys Cynthia M. Pornavalai, Darani Vachanavuttivong, Hassana Chira-aphakul, Michael K. Lee, Sriwan Puapondh, Thawat Damsa-ard, Thomas J. Treutler On February 25, 2011, Chambers Asia-Pacific released its rankings for law firms and individual lawyers. Based on thousands of interviews conducted by a team of 50+ full-time... |
| March 1, 2013 |
Chambers Asia-Pacific 2013: Nine Tilleke & Gibbins Attorneys Listed as Leading Lawyers Alan Adcock, Jeffrey J. Blatt, Thawat Damsa-ard, David Duncan, Michael K. Lee, Cynthia M. Pornavalai, Sriwan Puapondh, Thomas J. Treutler, Darani Vachanavuttivong In 2013 edition of Chambers Asia-Pacific, nine attorneys at Tilleke & Gibbins have been individually recognized for their outstanding work on behalf of their clients over the past... |
| October 12, 2012 |
Euromoney Asia Women in Business Law Awards: Tilleke & Gibbins Shortlisted in Four Categories Darani Vachanavuttivong, Tiziana Sucharitkul On November 22, 2012, the Euromoney Legal Media Group will hold its second annual Asia Women in Business Law Awards at the Renaissance Harbour View Hotel in Hong Kong. Again this year,... |
| Date |
Title |
|---|---|
| March 9, 2010 |
PLC Cross-border Doing Business in … Handbook 2010 – Thailand Chapter Chinachart Vatanasuchart, Kobkit Thienpreecha, Siraprapha Rungpry, Sriwan Puapondh This chapter provides an overview of the legal system and key laws for foreign companies doing business in Thailand. Presented in a question-and-answer format, the chapter examines the rules... |
| March 11, 2011 |
PLC Cross-border Doing Business in … Handbook 2011 – Thailand Chapter Pimvimol (June) Vipamaneerut, Siriwan Phentalay, Chaiwat Keratisuthisathorn, Charunun Sathitsuksomboon, Hiranrat Chakartnarodom This chapter provides an overview of the legal system and key laws for foreign companies doing business in Thailand. Presented in a question-and-answer format, the chapter examines the rules... |
| December 23, 2011 |
PLC Doing Business in … Multi-Jurisdictional Guide 2012 – Thailand Chapter Sriwan Puapondh, Hiranrat Chakartnarodom, David Duncan, Chaiwat Keratisuthisathorn, Michael Ramirez, Anake Rattanajitbanjong This chapter provides an overview of the legal system and key laws for foreign companies doing business in Thailand. Presented in a question-and-answer format, the chapter examines the rules... |
| February 14, 2013 |
PLC Doing Business in … Multi-Jurisdictional Guide 2013 – Thailand Chapter Pimvimol (June) Vipamaneerut, Kobkit Thienpreecha, Weerawat Distapinyo, David Duncan, Areeya Pornwiriyangkura, Sriwan Puapondh, Michael Ramirez, Anake Rattanajitbanjong, Passanan Suwannoi In association with Lex Mundi, Practical Law Company has now published the latest edition in its series of guides on how to do business in jurisdictions worldwide. The Thailand chapter, written by... |
| November 17, 2010 |
REIT: A New Tool for Real Estate Investment and Fund Generation in Thailand On October 11, 2010, the Securities and Exchange Commission of Thailand (SEC) approved the regulatory framework for establishing real estate investment trusts (REITs) in Thailand. The evolution of... |
