Global Private M&A Guide - Limited External Content

Thailand

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Does local law allow for a choice of governing law?

Frequency/market practice: A choice of foreign law is permissible, unless it is contrary to public policy. Thai law is more common.

What is the common governing law?

Frequency/market practice: Thai law is more common.

Is litigation or arbitration more common? If arbitration, where?

Frequency/market practice: Arbitration is more common. Parties usually select Thai or Singapore arbitration.

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