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There are various avenues available when a dispute occurs in Thailand. If the contract specifies alternative dispute resolution, arbitration is available in Thailand. Whenever a dispute is referred to litigation, the subjects are always encouraged to pursue mediation prior to undertaking formal court proceedings.
At the start of a litigation, the judge will always ask the parties if they have attempted to resolve the dispute between themselves and the court will provide a formal mediation setting to discuss the matter.
Thailand also recognizes results from mediation so companies can skip the long drawn out process of traditional dispute resolution if they’re willing to abide by the outcomes of the mediation.
Thailand has 2 Arbitration centers, and is a member of UNCITRAL. Companies can also decide in the contract to refer all arbitration disputes to other arbitration centers, including Singapore International Arbitration Center (SIAC) or Hong Kong International Arbitration Center (HKIAC).
Litigation is expensive and time consuming. While it may be prevented with sound advice, in some cases it is unavoidable. When it becomes necessary, it is important to manage the process in the most effective and efficient way as possible. MyThaiCompany assists on various fronts, from pre-assessment of liabilities and damages to representation in all court hearings and procedures.
When it comes to filing and maintaining corporate documents, you should only trust the most experienced and competent firm. This is because careless mistakes can incur hefty penalties and ruin your company’s credibility.
We work with Silk Legal (link to Silk Legal website), a boutique Bangkok-based law firm that specializes in corporate matters, to ensure your company files the correct information, documents, and resolutions with the right government agencies on time. With Silk Legal’s expertise, you can rest assured that your documents are filed correctly.
If you’re starting a company in Thailand, you can schedule a consultation with us and gain a better understanding of what you need to stay compliant in the country.
We understand that your business needs are unique, so we adapt accordingly.
We are your partners when it comes to business success. You can count on us to be available when you’re in need.
We combine our knowledge of local business with our robust understanding of international best practices.
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