Month: March 2024

Blumenthal Richter & Sumet is pleased to announce our outstanding achievements in the latest Legal 500 (2024) rankings.

The firm’s Real Estate team, under the leadership of Senior Partner Robert Schuler and newly promoted Partner Weerasa Makepongtorn, has once again secured recognition for the 11^th consecutive year. The practice has been designated as one of Thailand’s top-ranked Real Estate practices, as a testament to our experience in providing specialist advice that is succinct and comprehensive, and which also takes into account the latest industry developments and our clients’ business objectives.

Robert himself has received his 11^th individual ranking as a Leading Individual, cementing his standing as one of Thailand’s real estate experts and one of the few foreign real estate veterans in the country.

Weerasa, who has been an integral part of the Real Estate team for 9 years and was promoted to partnership in 2023,  has been instrumental in broadening areas of expertise particularly related to secondary and tertiary market acquisitions and developers and unique challenges.

In addition to the promotion of Weerasa’s to the firm’s partnership and the practice’s leadership, 2023 was another successful year for BRS’ real estate practice as the year brought about many landmark deals including:

-Assisting a Thai private equity fund with strategy development, management, mechanics, and deployment of liquidity financing principally in the resort real estate market.

-Assisting one of the most prestigious universities globally with respect to their land acquisition lease agreement as part of the client’s joint venture to establish a foundation for the development of a tropical medicine research center with Borderland Health Foundation.

-Advising on the acquisition of a hotel and additional land source for the expansion of a leading real estate developer in Thailand

-Performing acquisition due diligence for preliminary deal structuring including multiple hotel, residential and retail units in southern Thailand

The Legal 500 is a prominent international directory that annually assesses law firms worldwide, offering a comprehensive overview of the global legal market. With a history of over three decades, the organization continually updates its research program to provide the most current insights into the capabilities of law firms across more than 150 jurisdictions. Rankings are determined through a meticulous evaluation process considering various criteria. The focus is on identifying practice area teams that deliver cutting-edge and innovative advice to corporate counsel. This evaluation utilizes feedback from 250,000 clients globally, submissions from law firms, interviews with leading private practice lawyers, and the expertise of a research team deeply familiar with the legal market.

Regarding his recognition by the directory, Robert remarks, “Weerasa and I are dedicated to providing our esteemed clients with top-tier advisory services from a business-oriented perspective. We are incredibly grateful to clients and look forward to continuing to grow with them.”

 

We are pleased to announce our ongoing recognition by the Legal 500 (2024), a prominent global directory spotlighting premier law firms and lawyers.

The directory continues to highlight three of our practices:

– Our Real Estate practice, under the leadership of Senior Partner Robert Schuler, has received recognition for the 11th consecutive year.

– Our Tax & Customs practice, under the leadership of Senior Partner Sumet Mingmongkolmitr, has achieved recognition for the 10th consecutive year.

-Our Corporate / Mergers & Acquisition practice, under the leadership of Senior Partner Andreas Richter, has been acknowledged for the 11th consecutive year.

Furthermore, 3 of our individual legal professionals have earned well-deserved accolades:

-Robert has been acknowledged as a “Leading Individual” for the 11th year, solidifying his status as one of Thailand’s foremost experts in Real Estate law and the hospitality sector.

-Sumet has received additional recognition as a “Leading Individual” for the 10th year, reinforcing his standing as one of Thailand’s prominent tax experts.

-Senior Associate Sudarat Jirakietwattana, who supports Sumet in leading the day-to-day operations of the Tax & Customs team, has garnered her inaugural acknowledgment as a “Rising Star” in Tax.

The Legal 500 is renowned for its comprehensive coverage of recommended law firms and lawyers globally. With over three decades of experience, the publication conducts meticulous research across 120 jurisdictions, interviewing more than 250,000 clients globally, reviewing deal highlights, and analyzing peer feedback from leading private practice lawyers to identify firms and lawyers offering the highest quality services.

Our consistent recognition attests to the exceptional legal services we provide, supporting multinational corporations, family offices, and Thailand’s largest companies in Real Estate, Tax & Customs, and Corporate matters. It underscores our lawyers’ adeptness in solving complex legal issues, offering business-oriented advice, and navigating complex regulatory landscapes in a responsive and personable manner.

We extend our gratitude to our clients for their continued trust and to our Partners and Associates for their unwavering commitment over the past year.