Contract Query

[newsite12]

I have a mutual agreement that is between my business and an agent.

The agent is based in Thailand, and so am I.

However, the agent wants to use a company entity that is not based in Thailand.

Would it be binding to both parties under Thai law?

Or will we be bound by the terms of the agreement, while the agent will not be?...

We are a little worried that if we breached it that they could come after us in Thai law... However, if they breached it, then we would have no protection, as the agent has no Thai operating address in the agreement.

All business under this agreement is to be solely conducted in Thailand. Should the agent put their Thai address on the agreement to give them liability enforceable under Thai law?

This is very important to us, as we don't want to end up with a one sided contract, and we don't want to have to go through a different country's legal system for anyform of future recourse (if any). Especially a very expensive country.

[Sunbelt Asia]

The problem here would be that if there were a dispute it would depend on the location of the company entity and the laws and Courts of that country under which it operates, not under Thai law as the company would not be based in Thailand.

[sunbelt][/sunbelt]