SSEK partner Rusmaini Lenggogeni is speaking on Wednesday, April 23, at a complimentary event for Chinese companies investing or considering an investment in Indonesia. The event, “M&A Periscope,” is being organized with Deloitte Indonesia. Speakers will examine the legal and tax implications of M&A transactions in Indonesia, in addition to exploring post-merger integration issues. Rusmaini will look at … SSEK to Speak at M&A Event
SSEK acted as Indonesian counsel to Woori Bank of South Korea in its purchase of a 33 percent stake in Indonesia’s Bank Himpunan Saudara 1906 for 713.1 billion Rupiah, about US$61 million. Securing approval from Indonesia’s central bank, Bank Indonesia, for the purchase took about 18 months amid an evolving regulatory environment for bank acquisitions … SSEK Advises Woori Bank on Acquisition of Stake in Listed Indonesian Bank
SSEK has been named the 2014 Indonesia Law Firm of the Year by Who’s Who Legal. This is the third-straight year SSEK has received this honor and the sixth overall. SSEK was also recognized in 2013, 2012, 2008, 2007 and 2006. SSEK’s partners and advisers received sufficient nominations from their clients and peers to be … SSEK Named 2014 Indonesia Law Firm of the Year
Space, the final frontier. Mankind entered the Space Age when Sputnik was launched into orbit in 1957. During the Cold War, the United States and the Soviet Union engaged in a full-fledged competition for supremacy in outer space through the Space Race. It was a race that Indonesia sat out. Now Indonesia is embracing the … To Boldly Go Where No Man Has Gone Before: Commercial Activities under the Indonesian Outer Space Law
Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) has introduced a new concept, known as Primary Parties in Non-Banking Finance Institutions, along with certain requirements that such Primary Parties must fulfill. Primary Parties, according to recent OJK regulations, are those who manage or supervise and have significant influence over Non-Banking Finance Institutions, i.e. insurance companies, pension … Primary Parties in Non-Banking Finance Institutions
Indrawan Dwi Yuriutomo, a senior associate at SSEK and an employment law specialist, is participating in the 2nd Annual Indonesia HR & Employment Law Executive Program organized by Clariden Global. Indrawan is speaking on March 27, the second day of the two-day conference at the Shangri-La Hotel in Jakarta. His sessions will cover alarming trends … SSEK to Speak at Employment Law Seminar
Starting this year, companies in Indonesia are required to register employees in the Indonesian Government’s health and employment social security programs. This is part of an effort by the Government to expand social security benefits to more of the population, but questions remain about the implementation of the new programs and their effect on business. … What Companies Should Know about the New Social Security System in Indonesia
Indonesia’s House of Representatives (Dewan Perwakilan Rakyat or “DPR”) recently passed into law the trade bill. The new Trade Law is still awaiting the signature of the President. There are several points of the new Trade Law in particular that should be highlighted and could affect companies in Indonesia. These points are related to (i) … New Indonesian Trade Law and Its Effect on Business
After a long and contentious discussion involving many interested parties, the Government of Indonesia issued a regulation that bans the export of raw minerals/ores. Government Regulation No. 1 of 2014 (GR 1/2014) was issued on January 11th, 2014, one day before the deadline for the domestic processing and refining of raw minerals/ores as mandated by … In Indonesia, Processing Minerals for Export now Mandatory
SSEK was again ranked as one of the best firms in Indonesia in the 2014 Chambers Asia-Pacific guide to the region’s leading firms and lawyers. SSEK was recognized in all the major practice areas, including in the key practice areas of Corporate/M&A and Real Estate, where SSEK received the highest ranking. Chambers researchers also placed … SSEK Features in New Chambers Rankings
