Ms Palawi Bunnag > ILCT Ltd. > Bangkok, Thailand > Lawyer Profile


Work Department

Corporate law (M&A, Joint Venture, Takeover and Amalgamation transactions, Corporate Restructuring and Tax Planning), Foreign Investment & Investment Promotion (BOI), Securities & Capital Market, Dispute Resolution, Real Estate & Factory, Financial Technology (FinTech) & Digital Assets, Franchising


Partner, Head of General Practice


Ms. Palawi Bunnag, partner at ILCT, boasts over 19 years of solid experience working as a professional and qualified lawyer in Thailand. She is an Independent Director and Chairwoman of the Corporate Governance and Sustainability Committee of a Thai public-listed company, and a Director and Chairwoman of the Risk and Compliance Committee of a fintech company. Moreover, Ms. Palawi is a guest lecturer at the law faculty of Thammasat University (International Program).

Ms. Palawi specializes in commercial law contracts and corporate laws, with exceptional experience in leading successful high-net-worth M&A project deals, and joint venture projects. She has advised and assisted local and international-recognized clients from various industries (among those, property developers, private equity funds, government entities) in many high-profile and cross-border deals. Her advice is not just limited to legal matters, but it is also corroborated by the business experience she acquired over the past years of her work. She participated in the very first conversion of the property fund to REIT in Thailand, and assisted the listing of newly converted public limited companies on the Stock Exchange of Thailand or the Market for Alternative Investment.

Ms. Palawi has been working closely with the Stock Exchange of Thailand and the Security Exchange Commission of Thailand to develop and promote Financial Technology in the country, for example in designing the ecosystem of real estate-backed ICO laws, which have recently been enacted into laws.

For years 2020 and 2021, Ms. Palawi is on the Thailand top 100 lawyers A-list by the Asia Business Law Journal. She recently wrote a few articles for the Journal, given her expertise on the digital asset business in Thailand.

Ms. Palawi is a recommended lawyer voted by clients via The Legal 500 Asia Pacific, and is listed as one of 40 Brilliant Minds and 300 High-Flyers on Prestige Magazine Thailand.


Thai (Native), English (Proficient), French (Basic)



  • Member of the Law Society of England and Wales (since 2001)
  • Thai Bar Association (since 2007)
  • The Lawyers Council of Thailand (since 2007)
  • Associate Member of the Chartered Institute of Arbitrators (ACIArb)
  • Member of the Board of Governors of the Bangkok Club (since 2013)


  • Queen Mary, University of London (LL.B., Hons, 2001)
  • Chulalongkorn University, Thailand (LL.B., 2006)


  • International Tax Planning Towards AEC (2015)
  • Corporate Finance Law Masterclass (2016)
  • Certificate of Director Accreditation Program from the Thai Institute of Directors (Class 132/2016) (Qualified to be a director of a public limited company listed on the SET)

Lawyer Rankings

Thailand > Corporate and M&A

ILCT Ltd. handles a wide range of commercial, corporate and M&A transactions, with the capability of advising on the tax aspects of transactions. Palawi Bunnag jointly leads the practice alongside Mallika E.S. Margherita, who has particular expertise in international commercial and M&A transactions, foreign investment, as well as real estate development transactions.