SSEK Named Leading Cross-Border Restructuring and Insolvency Firm

SSEK has been recognized as one of the world's top cross-border restructuring and insolvency practices by Global Restructuring Review (GRR) in its 2019 GRR 100 rankings.

SSEK was one of only two Indonesian law firms to receive this recognition.

The GRR 100 is an annual guide to the world's leading cross-border restructuring and insolvency practices. The guide recognizes those firms that have been identified as having the capability to handle cross-border restructurings and insolvencies.

SSEK's restructuring and insolvency practice has earned the highest ranking from leading independent legal directories including The Legal 500, IFLR1000 and Asialaw. Several partners in our restructuring and insolvency practice have also received individual recognitions for their work, including partner Dewi Savitri Reni and foreign legal advisor Michael S. Carl.

SSEK's restructuring and insolvency work includes acting as Indonesian counsel for a group of US$ bondholders in the court-supervised debt restructuring of PT Bakrie Telecom Tbk (BTel), representing a syndicate of seven European banks in the court-supervised debt restructuring of PT Berlian Laju Tanker (BLT), and acting as sole Indonesian counsel in the debt restructuring of PT Arpeni Pratama Ocean Line, one of the most complicated debt restructurings in the history of Indonesia.