As a result of the COVID-19 pandemic, businesses around the world have been facing severe financial disruption, forcing an increasing number of companies to seriously consider major business restructuring or even closure. Several major Thai companies have already submitted business rehabilitation petitions to the Thai Bankruptcy Court in hopes of restructuring their business operations, and others are expected to submit petitions in the near future, leaving many creditors eager to secure repayment of debts under commercial contracts, but unsure how to proceed in compliance with the business rehabilitation process.
To that end, Tilleke & Gibbins is pairing up with the Thai Listed Companies Association (TLCA) to offer a webinar to provide clarity on business rehabilitation in Thailand. The online session—to be presented jointly by Alongkorn Tongmee, Jamorn Pornponwat, Nuanchun Somboonvinij, attorneys-at-law in the firm’s Bangkok office—will take an in-depth look at business rehabilitation under Thai bankruptcy law and explain why it’s important for debtors and creditors to understand the nuances of this complex, but effective, process. At the end of the session, they will respond to attendee inquiries through a short Q&A session.
The webinar, which will be conducted in Thai, will air on Thursday, June 11, from 2:00 p.m. – 3:00 p.m. Bangkok time (GMT+7). If you’re interested in attending, please register your interest by sending an email to [email protected].