News and Updates

In many Thai corporate disputes, the share register is not the end of the inquiry; it is the beginning. While company records formally identify shareholders, Thai courts do not consider these records conclusive when surrounding evidence suggests a different operational …

In Thailand, the intersection of corporate insolvency and director liability raises critical questions for company leaders. While the law does not impose a duty on directors to commence formal insolvency proceedings, it does create potential liabilities for failing to address …

Introduction In March 2026, authorities in Surat Thani province uncovered a sophisticated criminal operation involving the forgery of construction permits issued by Koh Samui Municipality, sending shockwaves through Thailand’s luxury real estate market and raising profound legal questions for property …

Thailand’s proposed pre-packaged bankruptcy reforms mark a major evolution in its insolvency regime. By allowing debtor–creditor agreements before court filing, the new framework aims to streamline rehabilitation, reduce timelines, and align Thailand with international restructuring practices. …

An in-depth guide to Thailand’s legal and regulatory framework for NGSO satellite infrastructure, covering NBTC licensing, landing rights, local entity requirements and strategic market entry considerations. …

Formichella & Sritawat is pleased to have once again been recognised in the 2026 Thailand Law Firm Awards published by Asia Business Law Journal. In this year’s edition, the firm is included across three of our key practice areas: FOSR is also …

Routine Signatures and Litigation Risk In corporate disputes before Thai courts, directors frequently justify problematic transactions or inaccurate filings on the basis of ignorance. Within the organization, that explanation may appear plausible. Corporate documentation is often drafted by accountants, legal …

Shareholding is a Starting Point, not a Conclusion In disputes concerning the governance of a Thai company, the parties typically commence by examining the share register. This approach is understandable because the register indicates legal ownership, demonstrates the formal allocation …

Formichella & Sritawat Attorneys at Law has been nominated in three categories at the Legal 500 Southeast Asia Awards 2026, recognizing the firm’s work in the Telecommunications, Media, and Technology (TMT) sector in Thailand. The firm has been shortlisted for …

A nominee shareholder arrangement occurs when a Thai national holds shares in a company on behalf of a foreigner in order to circumvent foreign ownership restrictions under the Foreign Business Act. Such arrangements are illegal under Sections 36 and 37 of the Act and can result in criminal penalties for both the Thai nominee and the foreign beneficiary. …