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Thai JV : Megalomania, Gangsterism, and �Sue me, this is my country�

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  • Thai JV : Megalomania, Gangsterism, and �Sue me, this is my country�


    February 22, 2013 www.property-report.com, February 22, 2013


    [This article has disappeared from online. Here is the original full text.]



    I have avoided focusing on the documents required to assist make a joint venture successful, because every good lawyer should have a list of these permanently emblazoned in their mind, but more commercially minded lawyers will be aware of the broader range of issues affecting or potentially affecting a joint venture arrangement. In real estate, try to control the assets, prevent them from being sold or damaged, ensure they are presented through marketing channels in the correct and cost efficient way, manage your cash flows, revenues and profit distribution through internationally accepted accounting principles. The check list is almost but not quite endless of protective measures that could be taken to ensure better equality, more fairness, and non-abuse of power in joint venture arrangements.

    About the Author:
    Desmond Hughes is a Senior Partner at Hughes Krupica, an International Legal Services firm specializing in real estate, hospitality and leisure. He can be contacted at [email protected]


    2bangkok.com
    http://thailandchatter.com/showthrea...ll=1#post45112
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