THAC Thailand Arbitration Center

🗞️🗞️Minister of Justice Leads Ministry Executives to Pay a Courtesy Visit to the President of the Supreme Court On October 9, 2024, at 1:30 PM, Pol. Col. Thawee Sodsong, Minister of Justice, led a delegation of senior officials from the Ministry of Justice to pay a courtesy visit to Mrs. Chanakarn Theeravechaphonkun, President of the Supreme Court, to discuss various official matters. These included the management of drug offenders placed under probation as per the intent of the Narcotics Code and strengthening collaboration between relevant organizations for the efficient delivery of justice. The visit included senior officials from the Ministry of Justice, such as Suriyapong Tubtimtae , Director of the Thailand Arbitration Center (THAC); Mr. Traiyrit Temahiwong, Deputy Permanent Secretary of the Ministry of Justice; Mrs. Jirapha Sinthunawa, Deputy Permanent Secretary of the Ministry of Justice; and Pol. Lt. Suriya Singhakamol, Deputy Permanent Secretary of the Ministry of Justice. The discussions took place in the reception room on the 2nd floor of the Justice Court building in Phra Nakhon District, Bangkok. This meeting emphasized the importance of fostering collaboration in the field of law and justice among different agencies, which is vital for enhancing the nation’s justice system to be stronger and more efficient. . “Resolve Disputes Smoothly” Thailand Arbitration Center (THAC) . Tel.: 02-018-1615 Website: www.thac.or.th Email: info@thac.or.th #THAC #ThailandArbitrationCenter #Arbitration #Mediation #DisputeResolution

🗞️🗞️Minister of Justice Leads Ministry Executives to Pay a Courtesy Visit to the President of the Supreme Court On October 9, 2024, at 1:30 PM, Pol. Col. Thawee Sodsong, Minister of Justice, led a delegation of senior officials from the Ministry of Justice to pay a courtesy visit to Mrs. Chanakarn Theeravechaphonkun, President of the Supreme Court, to discuss various official matters. These included the management of drug offenders placed under probation as per the intent of the Narcotics Code and strengthening collaboration between relevant organizations for the efficient delivery of justice. The visit included senior officials from the Ministry of Justice, such as Mr. Suriyapong Thabtimtai, Director of the Thailand Arbitration Center (THAC); Mr. Traiyrit Temahiwong, Deputy Permanent Secretary of the Ministry of Justice; Mrs. Jirapha Sinthunawa, Deputy Permanent Secretary of the Ministry of Justice; and Pol. Lt. Suriya Singhakamol, Deputy Permanent Secretary of the Ministry of Justice. The discussions took place in the reception room on the 2nd floor of the Justice Court building in Phra Nakhon District, Bangkok. This meeting emphasized the importance of fostering collaboration in the field of law and justice among different agencies, which is vital for enhancing the nation’s justice system to be stronger and more efficient. . “Resolve Disputes Smoothly” Thailand Arbitration Center (THAC) . Tel.: 02-018-1615 Website: www.thac.or.th Email: info@thac.or.th #THAC #ThailandArbitrationCenter #Arbitration #Mediation #DisputeResolution

📢 The Winter Academy on International Arbitration 2025 is coming soon! From January 20 to February 1, 2025, join the 5th anniversary of this prestigious online event hosted by the Russian Institute of Modern Arbitration, and dive into advanced post-arbitration topics such as partial awards, asset tracing, and parallel proceedings. This year’s academy boasts an exceptional lineup of speakers from various jurisdictions, providing diverse perspectives on arbitration. Learn from world-renowned experts like Prof. Neil Kaplan KC, Prof. Teresa Cheng, Ali Al Hashimi, Dr. Umar A. Oseni, Prof. Chiann Bao, and many more. Registration is free of charge, and the deadline for applications is November 25, 2024. Don’t miss this chance to elevate your arbitration expertise. The Academy will be conducted in English, and you can contact the organizers at event@centerarbitr.ru for more details. Get ready for an unparalleled learning experience!

📌 THAC Managing Director Pays Courtesy Visit to Attorney General to Discuss Justice System Cooperation On October 7, 2024, at 2:00 PM, Mr. Suriyapong Tubtimtae ,Managing Director of the Thailand Arbitration Center (THAC), paid a courtesy visit to Mr. Pairat Ponsomboonsiri, Attorney General, at the Attorney General’s reception room, 9th floor, Ratchaburi Direkrit Building, Government Complex, Chaengwattana Road. The purpose of the visit was to discuss cooperation in the justice system and the promotion of arbitration for dispute resolution. This meeting was also attended by Pol. Col. Tawee Sodsong, Minister of Justice Thailand, along with Mrs. Pongsawat Neelayothin, Permanent Secretary of the Ministry of Justice Thailand, and other key officials. The main objective was to foster cooperation in promoting access to justice and alternative dispute resolution (ADR), which is a crucial mission of the Office of the Attorney General and the Ministry of Justice Thailand. The aim is to ensure that all citizens have equal access to justice. This meeting marks an important step in building a collaborative network between agencies involved in the justice system, especially in the fields of arbitration and ADR processes, to ultimately benefit Thai society. “Resolve Disputes Smoothly” Thailand Arbitration Center (THAC) . Tel.: +66 2-018-1615 Website: www.thac.or.th Email: info@thac.or.th #THAC #ThailandArbitrationCenter #Arbitration #Mediation #DisputeResolution

National Economic and Social Development Council (NESDC) Joins Discussions with the Thailand Arbitration Center on APEC Online Dispute Resolution Framework On October 3, 2024, the National Economic and Social Development Council (NESDC) joined discussions with the Thailand Arbitration Center (THAC) regarding the Opt-in mechanism for the APEC Online Dispute Resolution (ODR) collaboration. This initiative is a key APEC project aimed at promoting cross-border online dispute resolution for micro, small, and medium enterprises (MSMEs) to resolve business-to-business (B2B) disputes swiftly and efficiently. The meeting was held at the THAC’s hearing room and was attended by representatives from NESDC, including Mr. Thatchthai Keeratipongpaiboon, Director of the Strategic and International Cooperation Division; Mr. Pittawas Jirathitiwong, Senior Policy and Plan Analyst; and Mr. Wallapat Nakbua, Policy and Plan Analyst. The discussions focused on fostering cooperation under the APEC ODR framework, a critical platform that promotes cross-border business dispute resolution using technology. The primary goal is to provide MSMEs with access to fast, low-cost dispute resolution that aligns with international standards. Thailand Arbitration Center (THAC) . . “Resolve Disputes Smoothly” Thailand Arbitration Center (THAC) . Tel.: +66 2-018-1615 Website: www.thac.or.th Email: info@thac.or.th #THAC #ThailandArbitrationCenter #ThailandADRWeek2024 #Arbitration #Mediation #DisputeResolution

THAC Signs MoU With SAGE MEDIATION On October 3, 2024, the Thailand Arbitration Center (THAC) and SAGE MEDIATION signed a Memorandum of Understanding (MoU) at the THAC headquarters in Bangkok. The ceremony, held from 12:30 PM to 1:30 PM, marked the beginning of an important collaboration between the two organizations aimed at promoting academic cooperation and enhancing alternative dispute resolution (ADR) operations. The MoU was signed by Mr. Aloysius Goh, Chief Executive Officer of Sage Mediation and Mr. Suriyapong Tubtimtae, Managing Director of THAC Thailand Arbitration Center (THAC). The cooperation focuses on a variety of initiatives, including seminars, academic conferences, personnel development, and other activities related to ADR, with the shared goal of improving the accessibility and effectiveness of dispute resolution services. Ms. Pannapas Methinsasivich, Counsel of THAC, served as the Master of Ceremonies, warmly welcoming the distinguished guests. Among the attendees were THAC executives, including Ms. Machimdhorn Khampiranont, Deputy Director of THAC, and Mr. Nicky Balani, Director of Arbitration & Mediation Department (International). Mr. Goh highlighted the importance of the partnership, emphasizing that this collaboration will pave the way for meaningful advancements in ADR, benefiting both Thailand and the broader international community. Mr. Suriyapong echoed these sentiments, expressing optimism about the potential for future developments and increased cooperation between the two institutions. The MoU signing ceremony concluded with high hopes for the success of the joint initiatives and an expanded role for both organizations in promoting ADR practices on a global scale. #THAC #SAGEMediation #MoUSigning #AlternativeDisputeResolution #InternationalCooperation

𝐑𝐮𝐬𝐬𝐢𝐚𝐧 𝐎𝐥𝐢𝐠𝐚𝐫𝐜𝐡 𝐃𝐞𝐦𝐚𝐧𝐝𝐬 €𝟏𝟒.𝟔𝐛𝐧 𝐟𝐫𝐨𝐦 𝐋𝐮𝐱𝐞𝐦𝐛𝐨𝐮𝐫𝐠 𝐢𝐧 𝐀𝐫𝐛𝐢𝐭𝐫𝐚𝐭𝐢𝐨𝐧 In a recent development, Russian oligarch Mikhail Fridman has initiated arbitration proceedings against Luxembourg, demanding €14.6 billion in compensation for frozen assets. This case could set a precedent in the intersection of international sanctions and investment protection. Fridman's legal team is invoking a 1989 Soviet-era treaty that protects investors against expropriation, nationalization, or similar measures. The arbitration is requested under UNCITRAL rules, with Hong Kong proposed as the venue, which was strategically chosen to avoid potential bias from European jurisdictions. Luxembourg now faces a crucial decision on whether to participate in these proceedings, as non-participation could lead to a default judgment. This case highlights several critical issues: 1.) The potential conflict between EU sanctions and bilateral investment treaties 2.) The choice of arbitration as a tactical move to circumvent domestic courts 3.) The significance of selecting a neutral arbitration venue Javier Garcia Olmedo, senior counsel at Bonn Steichen & Partners (BSP), suggests this could be "a dress rehearsal" for similar cases, given the hundreds of treaties protecting Russian investors' interests. Implications for the future: • Potential for a wave of similar arbitrations by sanctioned individuals • Challenges for states in balancing international obligations and investment protections • Possible reassessment of longstanding investment treaties in the light of geopolitical shifts As this case unfolds, it will undoubtedly shape the landscape of international arbitration and investment law. At THAC, we're closely monitoring these developments to provide our clients with insights into the ever-evolving world of international dispute resolution. Credit: https://lnkd.in/eCRn4AAR . For expert guidance on international arbitration matters, visit https://lnkd.in/gcbwmt86 #THAC #InternationalArbitration #SanctionsLaw #InvestmentTreaties #DisputeResolution #GeopoliticalRisk

𝐂𝐡𝐢𝐧𝐚'𝐬 𝐀𝐫𝐛𝐢𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐁𝐨𝐨𝐦𝐬, 𝐇𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐌𝐢𝐥𝐥𝐢𝐨𝐧𝐬 𝐨𝐟 𝐂𝐚𝐬𝐞𝐬 In a remarkable display of progress, China's arbitration landscape is experiencing unprecedented growth. With 282 arbitration institutions now established nationwide, the country is rapidly becoming a powerhouse in alternative dispute resolution. 𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: • Over 5 million cases handled to date • Total case value exceeding ¥8 trillion or approximately $1.13 trillion • There was involvement of parties from more than 100 countries and regions This growth reflects China's commitment to building a credible and effective arbitration system. The country is not resting on its laurels, however. Efforts are underway to revise the arbitration law, aligning it with advanced international standards and enhancing provisions for foreign-related arbitration. In addition, the development of international commercial arbitration centers is also gaining momentum. In 2023 alone, eight pilot institutions handled 79,000 cases valued at ¥600 billion, showcasing China's increasing role in global dispute resolution. Looking ahead, China aims to further enhance the credibility of its arbitration system by: 1.) Improving operational mechanisms of arbitration institutions 2.) Strengthening oversight of both institutions and personnel As the global arbitration landscape evolves, these developments in China present both opportunities and challenges for international businesses and legal practitioners. At THAC, we're committed to helping you navigate the changing dynamics of international arbitration. Our expertise spans various jurisdictions, ensuring you're well-prepared for disputes in emerging markets like China. Credit: https://lnkd.in/eEM_nW_C . For more information on how THAC can assist with your arbitration needs in this evolving landscape, visit https://lnkd.in/gcbwmt86 #THAC #Arbitration #ChinaArbitration #DisputeResolution #InternationalTrade #LegalInnovation

Thank you to all the sponsors who made ADR WEEK THAILAND 2024 a grand success! 🙌 This event wouldn't have been possible without the support of all our sponsors. Clyde & Co White & Case LLP Peter & Kim Weerawong, Chinnavat & Partners Berkeley Research Group SCL Nishimura & Asahi Limited Watson Farley & Williams Herbert Smith Freehills (Thailand) Ltd. IAS Advisory: Attorneys at Law Tilleke & Gibbins Chandler MHM Limited PTT Group Baker McKenzie PTTEP Herbert Smith Freehills Thank you for being a driving force in advancing the alternative dispute resolution (ADR) sector! ADR WEEK THAILAND 2024 was a tremendous success, bringing together global experts and leaders in alternative dispute resolution. The event was filled with crucial discussions and innovations that are shaping the future of the ADR industry. Your support as sponsors played a pivotal role in making this event a high-quality experience. Thank you to everyone who contributed to and supported this impactful event, helping create meaningful change in the ADR industry. ---------- "Resolve Disputes Smoothly" Thailand Arbitration Center (THAC) Tel.: 02-018-1615 Website: www.thac.or.th Email: info@thac.or.th

𝗡𝗲𝘄 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝗮𝘁 𝗧𝗛𝗔𝗖 We are delighted to announce the appointment of Mr. Suriyapong Tubtimtae as the 𝗻𝗲𝘄 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿 of the 𝗧𝗵𝗮𝗶𝗹𝗮𝗻𝗱 𝗔𝗿𝗯𝗶𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗖𝗲𝗻𝘁𝗲𝗿 (𝗧𝗛𝗔𝗖). Mr. Suriyapong brings a wealth of experience and expertise to this crucial role. In his inaugural address, Mr. Suriyapong emphasized 𝗧𝗛𝗔𝗖’𝘀 𝗰𝗼𝗿𝗲 𝘃𝗮𝗹𝘂𝗲𝘀: 𝗧: 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆:  THAC is committed to open communication and honesty in all its dealings. 𝗛: 𝗛𝗼𝗻𝗲𝘀𝘁𝘆:  Integrity and trustworthiness are core values at THAC. 𝗔: 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆:  THAC takes responsibility for its actions and ensures that all parties involved are held accountable. 𝗖: 𝗖𝗼𝗺𝗽𝗲𝘁𝗲𝗻𝗰𝘆:  THAC employs highly qualified and experienced professionals to handle arbitration cases. With these principles as our guiding light, we are committed to establishing 𝗧𝗛𝗔𝗖 𝗮𝘀 𝗮 𝗴𝗹𝗼𝗯𝗮𝗹 𝗱𝗶𝘀𝗽𝘂𝘁𝗲 𝗿𝗲𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗵𝘂𝗯 and delivering exceptional services to our clients. We are confident that under Mr. Suriyapong’s leadership, THAC will continue to grow and achieve our goal of being the world's leading alternative dispute resolution center. ---------- "Resolve Disputes Smoothly" Thailand Arbitration Center (THAC) Tel.: 02-018-1615 Website: www.thac.or.th Email: info@thac.or.th