On October 29, Kobkit Thienpreecha, partner in the firm’s Corporate and Commercial practice, and Michael Ramirez, consultant in the Dispute Resolution Department, led a session on directors’ liability at an event organized by AustCham Thailand’s Small Business & Entrepreneur (SB&E) Committee.
Kobkit and Michael’s presentation explained the range of statutory duties and restrictions that directors of Thai companies are subject to, and the serious repercussions that directors who act outside that regulatory framework can risk. In addition, Kobkit and Michael provided an overview of directors’ legal duties, their civil and criminal liabilities, and the litigation process, using case studies from their own experience to illustrate these issues. The program ended with a Q&A session that gave attendees the opportunity to discuss any questions they had on the topic. For more information, please visit the Austcham website.