SSEK Legal Consultants was honored three times at the 2016 ALB Indonesia Law Awards. SSEK was recognized as the Labor and Employment Law Firm of the Year and the Restructuring and Insolvency Law Firm of the Year. SSEK also won M&A Deal of the Year. Asian Legal Business, which is owned by Thomson Reuters, organized … SSEK Wins 3 Trophies at ALB Indonesia Law Awards
Michael S. Carl, an international legal advisor at SSEK Indonesian Legal Consultants, was a panelist at a recent one-day seminar in Jakarta organized by INSOL International. The seminar covered developments in the Indonesian Bankruptcy Law and key domestic issues that affect foreign creditors in Indonesia. Michael was invited to sit on a panel on trustee and … Michael Carl of SSEK a Panelist at INSOL Seminar on Indonesian Bankruptcy Law
Indonesia’s Law No. 37 of 2004 regarding Bankruptcy and Suspension of Debt Payment Obligations (the Bankruptcy Law) sets forth the requirements for filing a bankruptcy petition. The essential requirement is that there must be two or more creditors and at least one mature but unpaid debt for a bankruptcy action to be initiated against a … Indonesian Legal Review: Bankruptcy
By Dewi Savitri Reni and Dewi Mayangsari Law No. 37 of 2004 regarding Bankruptcy and Suspension of Debt Payments (the “Bankruptcy Law”) stipulates that the fees for Administrators and Receivers are decided after the bankruptcy or the Suspension of Debt Payment (Penundaan Kewajiban Pembayaran Utang or “PKPU”) is concluded. While there is some subjectivity in determining … Fee Guidelines for Administrators and Receivers in Indonesian Bankruptcy Proceedings
