Baker & McKenzie in Thailand
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Combining the knowledge of local laws and cultures with a global reach is just one of the ways Baker & McKenzie separates itself from other firms. Our genuinely global perspective allows us to operate without boundaries around the world, in every jurisdiction that is important to your business.

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Mergers & Acquisitions in Thailand

The global financial climate has impacted businesses across a wide spectrum of industries. Liquidity is an issue, as is sustaining growth. At times, the only way to ensure both are maintained is to dispose of underperforming assets, acquire new assets, or enter into strategic alliances. Structuring such transactions appropriately, taking into account regulatory obligations, tax considerations and funding issues, is of key importance. The counsel of a trusted adviser is vital.

We offer clients sound, in-depth advice on merger and acquisition issues needing particular focus in Thailand, specifically for the financial services, real estate and insurance sectors. We conduct due diligence, structure and implement both public and private company merger and acquisition transactions, and advise on capital increases and share subscriptions, among others. Domestic clients take comfort in our history of successful transactions, while international firms appreciate our cross-border facility. We can help with:

  • Due diligence – Identifying assets to be transferred/divested, including any encumbrances attached to them, as well as intellectual property registrations, “change in control” provisions in agreements, transfer limitations and pending litigation
  • Transaction structuring – Analyzing information gathered from the due diligence process; advising on the details of structure alternatives, including the advantages and disadvantages of each; preparing an action plan and timeline; coordinating with relevant government agencies
  • Transaction implementation – Drafting and finalizing necessary documentation; advising on and planning for employee transfers; obtaining necessary approvals, licenses, and/or permits; setting up new companies and/or liquidating existing companies
  • General counsel – Providing advice on hostile, contested and agreed takeovers/tender offers; private company acquisitions and disposals, both domestic and multijurisdictional; privatizations; property funds as a vehicle in acquisition and debt restructuring transactions; foreign investment/regulatory laws; tax and financial structures; approval/licensing processes; joint venture issues and antitrust/competition laws; and funding issues

Our tax advisers discussed wealth planning instruments and vehicles in Luxembourg and shared views on how to market them successfully at a seminar held during the opening of Baker & McKenzie’s new Luxembourg office.
Gift-giving and hospitality are a major part of Asian culture, creating challenges for foreign companies doing business there. Learn how to engage in these practices without violating the FCPA, UK Bribery Act and other anti-corruption laws.
The recent August 2012 Takeover Panel decision in Austock Group Limited (for whom Baker & McKenzie were acting) has significant implications for prospective bidders, particularly in relation to bid funding. The Panel made a declaration of unacceptable circumstances in relation the failure by Mariner Corporation Limited (the applicant) to arrange funding for its proposed bid for Austock. This alert provides a summary of various interesting aspects, including a summary of key implications for prospective bidders.
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