Directors of U.S. Companies Now at Greater Risk for Corporate Malfeasance Abroad

Following a headline Delaware state court decision, directors of U.S. domiciled corporations – particularly Delaware corporations – are at greater risk now for potential personal civil liability for FCPA violations and other acts of corporate malfeasance abroad.  PriceSanond partner, Douglas Mancill's, …

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Japan Announces it Will Join TPP Negotiations. Thailand?

"Prime Minister Shinzo Abe plans to announce on Friday Japan's intention to join negotiations for an ambitious trans-Pacific free-trade pact, a move that launches the final—and possibly most important—phase of his economic agenda: long-term growth strategies", reports the 14 March …

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Fitch Updgrades Thailand’s Credit Rating

On 8 March 2013, Fitch upgraded Thailand's long term foreign denominated currency debt one level to BBB+ from BBB.  According to a statement from Bloomberg: "That is three levels above junk and brings it line with Standard and Poor's and Moody's …

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BOI Soliciting Suggestions on New Investment Policy

Thailand’s Board of Investment (BOI) is soliciting recommendations through 28 February 2013 on a new investment policy for the BOI.  You can submit your suggestions by clicking here. The BOI provides investment promotion incentives to foreign and Thai businesses investing in certain designated activities.  …

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22 Firms Found to be Violating Foreign Ownership Rules

The Bangkok Post reports that: “[t]wenty-two firms operating in five tourism provinces – Phuket, Surat Thani, Krabi, Prachup Khiri Khan and Chon Buri – have been alleged to use nominees for their foreign shareholders” according to the Thai Ministry of Commerce. The article says: Deputy …

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