An institutional arbitration may be conducted in Thailand under the auspices of either the Arbitration Tribunal of the Board of Trade (The Thai Chamber of Commerce) or the arbitration under the rules called the "Thai Commercial Arbitration Rules" which were modelled after the ICC's Conciliation and Arbitration Rules. The Arbitration Office of the Ministry of Justice adopts its own Arbitration Rules. These Rules are quite comprehensive and substantially reflect a constructive combination of the ICC's, UNICITRAL's and American Arbitration Association's Rules. The Office has maintained a list of experts and experienced persons, 128 in total, who are capable of serving as arbitrators in such areas as labour, investment, international trade, maritime law, intellectual property, insurance, land minerals and petroleum, torts and contracts, etc. The Office also makes available to interested parties the facilities and office equipment for conciliation and arbitration proceedings at nominal cost.
NOTE: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
If you would like further advice please contact: David Ellis, Johnson Stokes & Master, 16th Floor, Princes Building, 10 Chater Road, Hong Kong; Tel 2843 4226; Fax no. : 2845 9121. Alternatively do a text search "Johnson Stokes and Master" and "Business Monitor".
Thailand - Arbitration - Institutional Arbitration
Mayer Brown
Contributor
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.