Expertise: Restructuring & Insolvency

SSEK a Top-Tier Firm in New Chambers Rankings for Indonesia

SSEK Law Firm earned eight firm rankings in the 2024 Chambers Asia-Pacific directory of the leading law firms and lawyers in Indonesia, underling its standing as one of the elite corporate law firms in the country. SSEK was recognized as a leading firm in Indonesia for:   Banking & Finance Competition/Antitrust Corporate/M&A Employment Projects & SSEK a Top-Tier Firm in New Chambers Rankings for Indonesia

SSEK Partner Mahareksha S. Dillon to Speak at Asset Recovery Asia Event

SSEK Law Firm partner Mahareksha S. Dillon will be a featured speaker at an upcoming Asset Recovery Asia conference, Fraud Litigation, Enforcement & Contentious Insolvency. The conference is scheduled for May 21-23, in Kuala Lumpur, Malaysia. The Asset Recovery conference series is the premium conference series for fraud and insolvency practitioners. This Asia-focused event brings SSEK Partner Mahareksha S. Dillon to Speak at Asset Recovery Asia Event

SSEK Top Tier for Indonesia in New Benchmark Litigation Asia-Pacific Rankings

SSEK Law Firm earned two top-tier firm rankings for Indonesia in the 2023 edition of Benchmark Litigation Asia-Pacific, the definitive guide to the region’s leading dispute resolution firms and lawyers. In addition, three SSEK partners were recognized as leading dispute resolution lawyers for Indonesia. SSEK was ranked Tier 1 for:   Insolvency Labor and Employment SSEK Top Tier for Indonesia in New Benchmark Litigation Asia-Pacific Rankings

SSEK Wins Restructuring Deal of Year at IFLR Asia-Pacific Awards 2023

SSEK Law Firm won Restructuring Deal of Year at the IFLR Asia-Pacific Awards 2023 for its role in the Garuda Airlines restructuring. The Garuda restructuring required critical cross-border structuring to coordinate Indonesia’s suspension of debt payment obligation (PKPU) regime with the English scheme processes. Standout features included the debt profile, compliance challenges related to the SSEK Wins Restructuring Deal of Year at IFLR Asia-Pacific Awards 2023

SSEK Law Firm Acts for Creditors in Garuda Indonesia Restructuring

SSEK Law Firm acted for several creditors in the US$9.8 billion debt restructuring of flag carrier Garuda Indonesia, one of the largest and most complex suspension of debt payment obligation (PKPU) proceedings in Indonesian history. SSEK’s clients in the PKPU process included maintenance, repair and operations (MRO) vendors, including a leading multinational aerospace company. The SSEK Law Firm Acts for Creditors in Garuda Indonesia Restructuring

Restructuring and Insolvency in Indonesia: Overview

SSEK partners Denny Rahmansyah and Mahareksha Singh Dillon have written a Q&A guide to restructuring and insolvency law in Indonesia. Restructuring and Insolvency in Indonesia: Overview The Indonesia restructuring and insolvency Q&A provides a high-level overview of the most common forms of security granted over immovable and movable property; creditors’ and shareholders’ ranking on a Restructuring and Insolvency in Indonesia: Overview

SSEK’s Michael Carl Discusses PKPU Process in Indonesia

Michael S. Carl, a foreign legal advisor at SSEK, was a featured speaker at a recent webinar, Utilising Singapore (and Other Offshore Jurisdictions) to Restructure Indonesian Companies. The webinar was organized by INSOL International and the Asian Business Law Institute (ABLI). During the webinar, Michael shared that Indonesia’s PKPU (suspension of debt payment obligations) process has SSEK’s Michael Carl Discusses PKPU Process in Indonesia