Fostering GrowthSince 2008, even before the outbreak of the global recession, the economy of Vietnam has faced difficulties, including extremely high inflation and interest rates, and the weakening of the Vietnamese dong. Foreign direct investment has witnessed a slowdown in parallel with the country’s gloomy economic conditions.

Getting the Deal Through has published a multi-jurisdictional guide to product liability, covering 33 jurisdictions worldwide. The Thailand chapter, updated for 2012, is in a Q&A format, and has been written by Michael Ramirez, consultant in Tilleke & Gibbins’ dispute resolution department. The chapter provides an update on the Product Liability Act, how its provisions are interpreted in practice, and the extent to which it is fulfilling the aims for which it was enacted. Specifically, the chapter covers the following:

Reproduced with the kind permission of Global Regulatory Press from the Journal of Medical Device Regulation, 2012, 9(3), 83-89 (www.globalregulatorypress.com).Introduction

Authorized directors are liable for the actions of their company, and in turn, they are sometimes involved in criminal charges. In such cases, they must prepare for the possibility that they may need to post bail to avoid a temporary stay in prison. There are typically two situations in which a director may have to consider posting bail.

Transactions, both local and cross-border, now introduce a host of conflicting laws, complexities, and variables. It is important to draw a clear picture of the different mechanisms of dispute resolution available within the relevant jurisdiction, and facilitate the process of choosing the most efficient method. Getting the Deal Through has published a multi-jurisdictional guide to dispute resolution in 47 countries worldwide. The Thailand chapter, written by Thawat Damsa-ard and Noppramart Thammateeradaycho of Tilleke & Gibbins, covers the following key aspects:

Fixed-term employment contracts are easily misunderstood by employers. Some mistakenly believe that fixed-term contracts will absolve them of the duty to make severance payments to their employees, while others assume that labeling an employment contract “fixed-term” will grant it such status. However, the law sees fixed-term employment contracts very differently, and this article will bust the many major myths surrounding such contracts in Thailand.Myth 1: An employment contract is a fixed-term contract if it is labeled as such.

This article first appeared on WTR Daily, part of World Trademark Review, in May 2012. For further information, please go to www.worldtrademarkreview.com.Brand owners and Thailand’s Trademark Office frequently disagree as to how to distinguish between a suggestive mark and a descriptive mark.

This article appeared in the 2012 edition of The International Comparative Legal Guide to: Pharmaceutical Advertising; published by Global Legal Group Ltd., London. www.iclg.co.uk