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KEY ISSUES OF REHABILITATION PROCEEDINGS (Thailand)

NO&T Asia Legal Review

Author
Yothin Intaraprasong, Poonyisa Sornchangwat (Co-author)
Publisher
Nagashima Ohno & Tsunematsu
Journal /
Book
NO&T Asia Legal Review No.25 (July, 2020)
Reference
Practice Areas
*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.

Background
Due to the economic contraction and impact of COVID-19 outbreak, many business operators are encountering
financial distress. Some companies may decide to reorganize their business by way of rehabilitation to avoid being
adjudged bankrupt. In this regard, it is worthwhile for the creditors of those companies to be aware of the impact of
the rehabilitation proceedings that may affect their status as creditors.

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