Practical Notes
Practical questions about investing, building and operating in Thailand.
6 results for your search
01How should related-party debt be documented and traced in a refinancing?
If refinancing proceeds may be used to repay a shareholder, parent company or another group company, the borrower should be able to show what the original debt was, who advanced…
02How do you sell a business when key assets and contracts sit across different group companies?
Do not assume that a sale agreement signed by one group company can transfer the whole business. Before signing or closing, map who owns each material asset, who is party to each…
03Can a business acquisition close before all operating licences transfer?
Sometimes the ownership transaction can close before every operational licence is reissued or transferred—but that does not mean the buyer can lawfully operate every regulated…
04How should a Letter of Intent be drafted if the parties do not want the acquisition itself to be binding?
State the position expressly. A Letter of Intent is a preliminary deal document used to record the main commercial understanding before the final acquisition agreement is signed.…
05What does a building certificate actually prove before you buy or redevelop a property in Thailand?
It depends on the document. There is no single “building certificate” that proves every aspect of a property is legally usable. A municipal letter identifying existing structures…
06What environmental approvals should a buyer verify before acquiring or financing a project in Thailand?
Do not treat an environmental consultant’s report—or the consultant’s professional licence—as proof that the project itself received the required environmental approval. First…
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