Acquisition of Thai Subsidiary

  May 1, 2008
  Business

Other

Onit Digital, Inc.

Kenneth Allyn Sprang
Avvo Rating: 8.7 (Excellent)

Successful Acquisition of Thai subsidiary

Onit wished to acquire a company in Thailand which was already a subcontractor. There are several ways to structure American businesses in Thailand to enjoy favorable tax treatment. I investigated those and consulted with Thai counsel. We eventually accomplished a successful asset purchase of the Thai company. The transaction, of course, involved due diligence, drafting of documents, and extensive work with Thai counsel.



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