27 May 2013

Thailand

Starting oveview english Overview

Established in Bangkok since 1996, Clifford Chance provides a highly-rated and integrated local and international legal service to clients.

We work on complex transactions for major local and international clients, often in close collaboration with our colleagues in Clifford Chance’s other Asian and international offices.

A growth story

In the years following the 1997 Asian financial crisis, we advised on some of the most prominent restructuring and corporate acquisition transactions.

As foreign investor confidence returned - buoyed by transparency-boosting measures, restructuring and recapitalisation – we continued to advise on some of the most innovative and progressive deals in Thailand and the wider Asian region.

Our team have advised on a number of innovative energy projects, including the first utility scale solar power project and the largest wind energy project in Thailand. We also advised Thailand’s Electricity Generating Public Company Limited (EGCO) on its purchase of a 23.4 per cent equity interest in the Quezon Power Project in the Philippines.

We advised ING Group on its acquisition of a stake in Thailand’s TMB Bank valued at EUR460 million, and Shell on the sale of its solvents business in Thailand and Vietnam to Thai Oil Public Company Limited.

In a particularly innovative project, we are currently advising the Asian Development Bank on the issue by the Lao Government of its first asset backed bonds denominated in Thai Baht which will be sold to investors in Thailand.

Asset finance is a particular strength for the firm's Bangkok (and other Asian) offices, with teams acting on financings for Korean Air Lines, Virgin Blue, Asiana Airlines, Guggenheim Aviation Partners, Air China, China Eastern, Cathay Pacific, Philippine Airlines and China Airlines.

Legal areas in Thailand