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February 14, 2020

John Frangos and Noppramart Thammateeradaycho Co-Author GAR Article on Arbitration in Thailand

Global Arbitration Review

John Frangos, partner and deputy director of the firm’s Dispute Resolution Department, and Noppramart Thammateeradaycho, counsel, contributed to a recent Global Arbitration Review  (GAR) article on Thailand’s future potential to be a center for arbitration in the resolution of disputes in the region. They were joined in authoring the article by Tony Andriotis of Quinn Emanuel Urquhart & Sullivan in Tokyo.

The article highlights the economic vibrancy of Thailand, which has led to growth in foreign direct investment (FDI) and a corresponding need for international-standard dispute resolution mechanisms, as more parties vie to assert and protect their economic interests in the region. Arbitration is an important, cost-effective option for investors and businesses facing disputes, and while the Singapore International Arbitration Centre (SIAC) and the Hong Kong International Arbitration Centre (HKIAC) are dominant in the region, other countries, including Thailand, have been eager to establish strong arbitration units within their borders.

The article goes on to describe Thailand’s arbitration institutions and mechanisms in detail, including the country’s Arbitration Act of 1987 and subsequent amendments and legislative instruments. In fact, Thailand’s modern arbitration system and strong infrastructure make the country an attractive option to overseas investors—especially from elsewhere in Asia—looking for a fair and modern location to support arbitral proceedings.

To read the full article, please visit the GAR  website (subscription required).

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