Title Page
ABSTRACT
Contents
Introduction 7
1. Legal Issues 14
2. Objective of Study 14
3. Research Methodology 15
4. General problem on cross-border insolvency 16
4.1. General problem on cross-border insolvency in Thailand 17
Chapter 1. (제목없음) 21
1. History background on concept of Cross Border Insolvency from UNCITRAL 21
1.1. Maxwell case 22
1.2. Centre of Main Interest 24
2. The History of Thai Bankruptcy Law 26
3. The Meaning of International Insolvency 31
4. International Element to Initial Cross-Border Insolvency Case 35
4.1. Nations 36
4.2. Domicile 37
4.3. Residence 37
4.4. Carrying on Business 38
Chapter 2. (제목없음) 39
1. The Usual Problem of Cross-Border Insolvency in Thailand 39
1.1. Thai State Jurisdiction 39
1.2. Thai Conflict of laws and choice of law 40
2. Thai Using Foreign Law Apply on the Cross-Border Insolvency 42
3. Thai Judgment on Cross-Border Insolvency: Are we use the principle of territoriality or universally? 44
4. Thai Present and the Future the Transition from Territoriality to Universality 45
4.1. Universality versus Territoriality 46
4.2. UNCITRAL Model law and the reason to attract Thailand to join the member 47
5. Thai Enforcement of Debtor's Asset Locate Oversea 51
6. Thai Acceptance of Foreigner Judgment Under Thai Bankruptcy Act (no.9) 54
7. Effect of Thai Procedure upon Foreigner Creditors 55
7.1. Right to Participant for all creditor 56
8. Security issue for Foreign Creditor 59
Chapter 3. (제목없음) 61
1. Thai economic the inspiration of adopt Model law 61
2. Who will get benefit with new coming Thai bankruptcy law no.10 (2017) 64
3. Thai Bankruptcy act (no.10) what new in the new coming law 66
3.1. Section 22 66
3.2. Section 177 67
3.3. Section 178A 67
4. The backward effect (ex post facto law) on Thai Bankruptcy law 68
4.1. Section 130 69
4.2. Section 14 70
Chapter 4. (제목없음) 72
1. The UNCITRAL Model and the way to fit in Thai law loophole 72
2. Development of Model law from UNCITRAL 75
3. UNCITRAL concept on Cross-border insolvency in Thailand 83
4. Initiating cross-border insolvency 90
5. Centre of its Main Interests 91
5.1. The location of establishment 93
6. Right of Foreign Representative 94
6.1. Meaning of Foreign Representative 94
7. Recognition of Foreign Proceeding 95
8. Condition of approval the judgment of cross-border insolvency 96
9. The status of the cross-border insolvency procedure 97
9.1. Foreign Main Proceeding 97
9.2. Foreign Non-main proceeding 98
10. The result of approval the cross-border insolvency judgment 99
Chapter 5. Conclusion 101
1. Suggestion 105
1.1. International insolvency and International arbitration 106
1.2. Is the new Model Law which Thailand adopted will be effective 107
REFERENCES 111