Managing Partner of Aawut Law Firm Admitted to THAC Panels of Arbitrators

Mr Aawut Somsak, the managing partner has been admitted to the THAC Panels of Arbitrators, specifically as an arbitrator panellist for Corporate, International Trade, Information Technology, Shareholders, and Joint Venture Disputes, and the general commercial panel. The THAC Panels of Arbitrators is a select group of elite and arbitrators and includes prominent attorneys, retired [...]

By |2021-07-29T06:28:00+00:00July 29th, 2021|Insights, News|

SEC’s Actions Against Binance Could Have Wider Legal Implications for Other Foreign Businesses

It was reported on 3 July 2021 that the Thai Securities and Exchange Commission (“SEC”) filed a criminal charge against Binance, the world's largest cryptocurrency exchange platform, for operating without a business license from the SEC under the Emergency Decree on Digital Asset Businesses of 2018 (“Crypto Law”), a crime punishable with an imprisonment [...]

By |2021-07-26T15:01:43+00:00July 22nd, 2021|Insights, News|

New Guidelines on Unfair Trade Practices Pertaining to Credit Term with SMEs

The Trade Competition Commission (“TCC”) of Thailand recently issued new anti-trust guidelines on 24 May 2021, i.e., the TCC Notification re Guidelines for Considering Unfair Trade Practices Pertaining to Credit Terms in Cases where Sellers of Goods or Services are Small and Medium-sized Enterprises (the “Credit Term Guidelines”). The Credit Term Guidelines were published [...]

By |2021-07-26T15:06:55+00:00July 14th, 2021|Insights, News|
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