November 29, 2013
Directors and officers of both local and multinational companies in Thailand are subject to a complex array of legal duties and obligations. When things go wrong, company executives may find themselves named personally in civil suits, regulatory investigations, and criminal prosecutions, putting their assets and their livelihoods at risk. Understanding the local legal and regulatory environment is therefore essential for any director or executive working in Thailand. This article aims to answer some of the most common questions posed by directors.