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R & T Asia (Thailand) Limited

PRESIDENT TOWER, 12TH FLOOR, 973 PLOENCHIT ROAD, BANGKOK 10330, THAILAND
Tel:
Work +66 2 656 1991
Fax:
Fax +66 2 656 0833
Email:
Web:
th.rajahtannasia.com
Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, Manila and 5 more

Surasak Vajasit

Tel:
Work +66 2656 1991
Email:
Rajah & Tann Singapore LLP

Position

Managing Partner, International Arbitration, Restructuring & Insolvency, Banking & Finance, Regulatory

Career

With more than 30 years’ experience in the private and public sectors, Surasak represents some of Thailand's largest financial institutions and publicly traded companies in corporate and financing transactions, as well as multinational clients in complex Thai regulatory matters involving customs and anti-corruption proceedings. Drawing upon his eight years as a judge in Thailand, Surasak’s practice largely focuses on representation in litigation and dispute resolution proceedings, including arbitrations – local and international, as counsel and arbitrator. Surasak recently successfully represented a large Japanese car manufacturing company in Tax Court proceedings involving alleged underpaid duty of THB10 billion.


Thailand

Banking and finance

Within: Leading individuals

Surasak Vajasit - R & T Asia (Thailand) Limited

Within: Banking and finance

The team at R & T Asia (Thailand) Limited has experience in bank-side and borrower-side matters across a variety of sectors, from project finance to acquisition finance. Since 2015, the firm has been investing heavily in its Bangkok office, and on the banking and finance front, this growth recently included the lateral hire of Piroon Saengpakdee, a partner with over 25 years of experience, who joined from LS Horizon Limited. Saroj Jongsaritwang and Parama Saovabha have recently acted for lenders and borrowers in a number of financing transactions. Firm managing partner Surasak Vajasit is another contact in the practice group. Notable clients have included Man Lik 1 Power Company, in addition to a litany of lenders, such as DBS Bank, HSBC and Krung Thai Bank.

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Corporate and M&A (including capital markets)

Within: Leading individuals

Surasak Vajasit - R & T Asia (Thailand) Limited

Within: Corporate and M&A (including capital markets)

In the corporate space, R & T Asia (Thailand) Limited’s major strength lies in the regulatory sphere, and the team has recently been active in setting up new businesses, especially in the e-commerce sector. Managing partner Surasak Vajasit recently advised a state-owned entity on the legal implications of setting up a Thai-Chinese special purpose vehicle in the transport infrastructure space. The group also handles a steady stream of restructuring work and has experience in capital markets transactions. Indeed, Visitsak Arunsuratpakdee acted for Mudman on its THB1.1bn IPO and listing on the SET. Dussadee Rattanopas has acted for corporate clients in various divestment transactions, and Melisa Uremovic and Supawat Srirungruang have provided regulatory advice to clients in the e-commerce and telecoms industries. The department is rapidly expanding and has been recruiting lawyers from standout practices in the Bangkok market; most recently, this has included Piroon Saengpakdee from LS Horizon Limited.

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Dispute resolution

Within: Dispute resolution

Though the firm is perhaps best known for its extensive experience in civil and criminal customs and excise litigation, R & T Asia (Thailand) Limited is also active in regulatory investigations and administrative court procedures involving environmental claims, telecoms disputes, labour and employment claims and trade law. Melisa Uremovic represented Nippon Steel & Sumitomo Metal Corporation in Thai safeguard proceedings and then in review proceedings regarding the import of non-alloy hot-rolled steel, while Supawat Srirungruang acted for one of Thailand’s largest telecoms providers in administrative court and in separate arbitral proceedings. Ittichai Prasongprasit was involved in a piece of tax litigation that is now pending before the Supreme Court and Pakpoom Suntornvipat has experience in shareholder disputes and restructuring and insolvency matters. Sui Lin Teoh is another contact in the disputes group and managing partner Surasak Vajasit is an experienced arbitrator in International Chamber of Commerce proceedings. Coca-Cola (Thailand), Standard Chartered Bank (Thai), Toyota Motor (Thailand) and Philip Morris (Thailand) are among the department’s notable clients.

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