I had a good friends' wife that was a majority owner, only on paper, in Phuket for a Canadian realtor.
She had done this for over 20 years.
She had no say in the company nor any voting right and was paid very minimally with the promise that she would become part owner and receive a percentage of the company profits.
After years of whispering sweet nothings, she said she wanted out.
The owner did everything possible to keep her but in the end a Thai lawyer stepped in.
She ended up getting paid very well and the company ended up leaving Thailand.
In 2022:
https://www.durbin.senate.gov/newsroom/press-releases/durbin-portman-rubio-provisions-to-ban-us-recognition-of-any-ukrainian-territory-annexed-by-russia-included-in-proposed-fy23-ndaa-substitute
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now