Thailand: Marine/ Shipping

Sale and leaseback structures and pledges of an aircraft are primary tools in Thailand for lenders to secure aircraft financing. However, these prevalent approaches come with certain limitations.

Thailand is not a signatory to the Cape Town Convention. This means that upon an airline-lessee's default, a lessor cannot present an Irrevocable Deregistration and Export Authorization (IDERA) document...

Thailand's Transport Ministry has issued new rules for ride-hailing services, aiming to strictly regulate the types of vehicle that can be registered, the number of registered vehicles per user, and the fees that are levied and collected.