Month: September 2024

Blumenthal Richter & Sumet Honored as Notable M&A Firm by IFLR 1000

Posted on by brslawyers2017

Blumenthal Richter & Sumet is delighted to announce its recognition as a Notable Firm in Mergers and Acquisitions (M&A) by the IFLR 1000 directory. This esteemed recognition highlights the firm’s excellence in managing complex cross-border M&A transactions in Thailand and the region.

This accolade follows Senior Partner Andreas Richter’s distinction as a Highly Regarded Individual in the same directory, reflecting his leadership and the firm’s dedication to providing outstanding M&A legal services. The firm’s Foreign Direct Investment team, led by Andreas, with the support of Partners Stefan Riedl and Ekkarat Ritthiplang, has been instrumental in executing high-profile cross-border transactions. Their combined expertise ensures the seamless structuring and negotiation of deals, particularly those involving European and North American  entities.

Blumenthal Richter & Sumet’s China Desk and Japan Desk have also been vital to the firm’s success, offering specialized guidance to clients from these markets as they navigate the intricacies of foreign direct investment in Thailand.

Andreas remarked, “We are honored to be recognized as a Notable Firm in M&A by the IFLR 1000. This accolade reflects the hard work and dedication of our entire team. I extend my thanks to Stefan and Ekkarat for their invaluable contributions. We look forward to continuing to deliver exceptional service to our clients as they pursue their international M&A objectives.”

 

 

Senior Partner Andreas Richter Distinguished as Highly Regarded M&A Practitioner by IFLR 1000

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Senior Partner Andreas Richter Distin

 

Blumenthal Richter & Sumet’s Senior Partner Andreas Richter has been distinguished with a Tier 1 ranking as a Highly Regarded Individual in the prestigious IFLR (International Financial Law Review) 1000 directory. This accolade underscores Andreas’ exceptional contributions to the field of Mergers & Acquisitions (M&A) and his leadership in facilitating cross-border transactions, particularly of European and North American companies in their acquisitions of businesses in Thailand. 

Andreas has also played a pivotal role in establishing Blumenthal Richter & Sumet’s China Desk and Japan Desk, providing tailored services to clients from these key markets. Over the past three years, these initiatives have successfully supported clients in expanding their presence in Thailand through mergers, acquisitions, joint ventures, and other forms of foreign direct investment.

The IFLR 1000 is renowned for its rigorous evaluation process, recognizing leading practitioners and firms that have steered clients through the region’s most significant legal transactions. Andreas Richter’s recognition as a Highly Regarded Individual in the M&A sector is a testament to his innovative approach, deep expertise, and impressive track record in delivering high-stakes transactions and complex corporate deals.

“I am deeply honored to receive this recognition from the IFLR 1000,” said Andreas Richter. “I extend my sincere gratitude to my highly capable team as well as to our clients for placing their trust in us as we guide them through the challenges of a cross-border acquisition.”

 

BRS Proudly Supports Charity Art Auction Benefiting the Thai Red Cross Society and the Women Lawyers’ Association of Thailand

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Blumenthal Richter & Sumet (BRS) is pleased to announce that Partner Promboon Sookatup has organized a Gala Dinner and Charity Art Auction in support of the Thai Red Cross Society and the Women Lawyers’ Association of Thailand. This distinguished event, set for 27 September 2024, is held in collaboration with the Faculty of Law at Mae Fah Luang University, the Thailand Board of Investment, and other prominent government organizations.

The Gala Dinner will showcase an exclusive collection of clothing, design pieces, and artwork curated by The Art Auction Center. This auction aims to elevate Thai art on both national and international platforms, celebrating the country’s rich cultural heritage and artistic talent.

The Thai Red Cross Society, a leading charitable organization, is renowned for its humanitarian work aligned with the Fundamental Principles of the International Red Cross and Red Crescent. The Society focuses on providing humanitarian relief in times of crisis, improving quality of life, treating diseases, and alleviating suffering.

Similarly, the Women Lawyers’ Association of Thailand is committed to promoting justice and legal awareness. The organization’s mission includes aiding disadvantaged and marginalized communities, disseminating legal knowledge, analyzing laws for potential reform, and collaborating with public and private entities to leverage legal expertise effectively.

This event emphasizes BRS’s dedication to supporting the local community, nurturing talent, and advocating for equal opportunities across diverse professions, from legal practitioners to artists.

We warmly invite you to join us in celebrating art and philanthropy as we work together to support these worthy causes.

For more information on the Gala Dinner and Charity Art Auction, please email us at [email protected].

Blumenthal Richter & Sumet Recognition in International Tax Review World Tax 2025 Rankings

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Blumenthal Richter & Sumet (BRS) is thrilled to announce that we have achieved an unprecedented five recognitions in the International Tax Review (ITR) World Tax 2025 Rankings. This marks the firm’s highest achievement in the prestigious rankings to date.

The ITR World Tax guide is widely recognized as the most comprehensive resource for identifying leading tax firms and practitioners globally. Covering over 155 jurisdictions across every continent, it provided invaluable insights based on feedback from more than 29,000 clients and 5,400 practitioners in this year.

In this year’s rankings, Blumenthal Richter & Sumet has been awarded a Tier 2 Ranking for General Corporate Tax marking our 4th year being included in this practice area, as well as a Tier 3 Ranking for Customs marking our first year being included in the Customs area. These distinctions underscore the firm’s continued leadership in the field of tax and customs law as a trusted partner to high-net-worth individuals, investors and corporations both domiciled within Thailand and engaging in business in the country.

On an individual level, two of the firm’s lawyers have been recognized for their exceptional contributions. Sumet Mingmongkolmitr, Head of Tax & Customs Practice, has been acknowledged as a Highly Regarded Individual in General Corporate Tax for several years and in Customs for the first year. This accolade highlights his sustained impact and leadership in the industry.

Moreover, Senior Associate Sudarat Jirakietwattana has earned her first recognition as a Rising Star in General Corporate Tax. This honor marks a significant milestone in her career, distinguishing her as one of the youngest lawyers to be celebrated by the directory as an up & coming talent in the field.

Under the guidance of Sumet Mingmongkolmitr and the support of his team, Blumenthal Richter & Sumet’s Tax & Customs Practice has experienced remarkable growth.

Ride the Global Trends with Blumenthal Richter & Sumet: Conference Program

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We are delighted to present the event’s conference program as we invite you to join us at Asean Legal Alliance & Warwick Legal Network World Business Forum: Riding Global Trends.

Enhance your knowledge of leveraging Thailand as a springboard to global markets, business under the ESG era and technology & world revolution at this exciting conference with executives, decision-makers and lawyers across the public and private sectors across South East Asia.

In conjunction with Thailand Board of Investment, Global Trade & Technology Council (India) and Prompt Legal, we are delighted to support this event, featuring prominent speakers and distinguished guests in sessions as follows:

 

Session 1: Thailand Investment

1. Mr Danucha Pichayanan (Strategy to Promote Thailand Competitiveness)

Secretary-General, Office of the National Economic and Social Development Council

2.Mr Narit Therdteerasukdi (Investment Incentives)

Secretary-General, Thailand Board of Investment

3. Dr Chula Sukmanop (EEC Incentives)

Secretary-General, Eastern Economic Corridor

4. Ms Jareeporn Jarukirnsakul (Thailand’s Competitive Readiness and Advancement in Technology and Infrastructure)

Vice Chairman of the Board of Directors, Chairman of Executive Committee, WHA Corporation Pcl.

 

Session 2: Thailand Springboard to Global Markets

1. Ms Chotima Iemsawasdikul (Thailand’s International Cooperation)

Director General, Department of Trade Negotiations

2. Dr Pornchai Danvivathana (Geopolitics: Thailand’s Opportunities)

Secretariat to Asia Cooperation Dialogue, Former Ambassador to the Sultanate of Oman

3. Ms Promboon Sookatup (Global Trade Strategy: Legal Perspective)

Partner, Blumenthal Richter & Sumet

4. Mr. Kriengkrai Thiennukul (Outbound Investment: Opportunity and Challenge)

Chairman of the Federation of Thai Industries, Chairman of Industry Promotion and Support Division

 

Session 3: Business under ESG Era

1. Dr Virat Somsri (Green Economy and Sustainability Policy)

Environmentalist, Department of Climate Change & Environment

2. Mr Alex Wan (Carbon Credits for Businesses)

Co-Founder & CEO, Star Century Group, Carbon Registry Thailand, Asia ESG Solution Ltd.

3. Mr Om Kaosa-Ard (Climate and Decarbonization Investment Opportunities)

Partner, Energy Ignition Ventures (EIV)

4. Ms Jackie Wu (Legal Insights : Building Sustainable Enterprises Across Borders)

Senior Partner, Long An Law Firm (Shanghai)

5. Mr Wutthipong Songwisit (ESG Compliance Inititative)

Vice President of Business & Investment Legal, PTT Oil and Retail Business Public Company Limited

 

Session 4: Technology and World Revolution

1. Khun Jirayut Srupsrisopa (Ecosystem of Digital Assets)

CEO, Bitkub Capital Group Holdings Co., Ltd.

2. Mr Wang Dehua (Title of Topic – TBC)

Director, Chiu·Szeto & Cheng (Dongguan) Associate Law Firm

3. Mr Charis Papachristodoulou (Title of Topic – TBC)

Partner, Papadopoulos, Lycourgos & Co

4. Dr. Krithpaka Boonfueng (Thailand’s Technology Landscape)

Executive Director, National Innovation Agency (Public Organization)

 

A gala dinner and charity auction will follow the conference.

Mark your calendars for Friday, 27 September 2024 at the Pullman Bangkok King Power, Thailand.

Please register via the link below or email [email protected] for further information and assistance in registration.

https://forms.gle/mtA6F3Vm7zhZ92dUA

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