Valuable gifts such as condominium units, houses, and cars are not uncommon in Thailand, and most such gifts are made for specific reasons. The reasons for such gifts could not be more diverse, and personal disappointment might lead to great regret. Therefore, it is advisable for both parties, donors, and done, to think about protective…
A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. If two previously independent companies form a new company, or if they decide that one partner will invest in the other, then a so-called “equity joint venture” is…
Many foreigners living in Thailand meet their future spouses here and get married in Thailand. And to deal with potential legal issues in advance, the couples often chose to enter into a prenuptial agreement (often referred to as “prenup”). According to the Thai Civil and Commercial Code (“CCC”), the prenup agreement is valid when…
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