Expertise: Corporate Law

SSEK’s Aldilla S. Suwana Named a Hukumonline NeXGen Lawyer

SSEK associate Aldilla S. Suwana has been selected for inclusion in Hukumonline’s NeXGen Lawyers 2020. Aldilla earned her Bachelor of Laws from the University of Indonesia, graduating first in her class. She attended Harvard Law School on a Fulbright scholarship, earning her Master of Laws (LL.M.) in 2017. Aldilla is experienced working on global transactions SSEK’s Aldilla S. Suwana Named a Hukumonline NeXGen Lawyer

COVID-19 and Indonesia: Force Majeure and Other Considerations

The COVID-19 global pandemic has caused significant disruptions to businesses globally. The rapid rate of transmission, the unchecked growth in the number of cases and the lack of a vaccine has forced governments around the world to implement policies that have disrupted business operations globally. In Jakarta, Governor Anies Baswedan declared a two-week state of COVID-19 and Indonesia: Force Majeure and Other Considerations

SSEK Indonesia Leads Legal Training for Pertamina

SSEK partner Dewi Savitri Reni and associate Aldilla Stephanie Suwana recently provided legal training for employees of PT Pertamina (Persero), the Indonesian state-owned oil and natural gas corporation based in Jakarta. The legal training covered joint venture agreements, the merger and acquisition process in Indonesia, and liquidations. About SSEK SSEK is a leading full-service corporate SSEK Indonesia Leads Legal Training for Pertamina

Indonesia to Issue Local Content Regulation for Pharmaceutical Sector

The Indonesian Ministry of Industry plans to issue a new regulation on the calculation of local content for pharmaceutical products. This planned regulation is in response to Presidential Directive No. 6 of 2016 on the Acceleration of the Development of the Pharmaceutical and Medical Equipment Industry. That directive mandated the Ministry of Industry to implement Indonesia to Issue Local Content Regulation for Pharmaceutical Sector

SSEK Lawyers Highly Ranked for Indonesia in New Legal 500 Directory

Five SSEK lawyers have been recognized as Leading Lawyers across seven practice areas in The Legal 500 Asia Pacific 2020 guide to outstanding lawyers and law firms in the region. SSEK’s Leading Lawyers in The Legal 500 Asia Pacific 2020 are:   Dyah Soewito – Projects and Energy; Shipping Ira A. Eddymurthy -Banking and Finance; SSEK Lawyers Highly Ranked for Indonesia in New Legal 500 Directory

Establishing a Business in Indonesia – Foreign Investment Restrictions

Restrictions on foreign shareholders in Indonesia are set out in the Negative Investment List (DNI), as contained in Presidential Regulation (PR) 44/2016. PR 44/2016 lists areas in which investment by both Indonesians and foreign nationals is prohibited or restricted. In addition to PR 44/2016, the laws and regulations governing certain lines of business must be Establishing a Business in Indonesia – Foreign Investment Restrictions

Corporate M&A in Indonesia – Scope of Due Diligence

There are no specific requirements or procedures for due dil­igence before acquiring a company. However, it is common and best practice for a bidder to perform due diligence on the target company before proceeding with an acquisition. In practice, the due diligence will cover the following:   corporate organization and general information; compliance with general Corporate M&A in Indonesia – Scope of Due Diligence

Establishing a Business in Indonesia – Shareholders and Voting Rights

In Indonesia, protections for shareholders and/or minority shareholders under the Indonesian Company Law are as follows:   A shareholder can file a claim at the district court against the company if they suffer unfair and unreasonable losses as a consequence of resolutions of the general meeting of shareholders (GMS), board of directors (BOD), or board Establishing a Business in Indonesia – Shareholders and Voting Rights

SSEK Leads Training Sessions for Pertamina

SSEK recently led separate training sessions for new legal officers at PT Pertamina, the Indonesian state-owned oil and natural gas corporation. SSEK partner Dewi Savitri Reni (Vitri) and Indrawan Dwi Yuriutomo, as associate at the firm, led a session on joint venture agreements and M&A transactions. Vitri led a second session on liquidation, bankruptcy and SSEK Leads Training Sessions for Pertamina