Expertise: Corporate Law

SSEK Lawyers Highly Ranked for Indonesia in New Chambers Directory

Three SSEK lawyers have been recognized as leading practitioners in Indonesia across a number of practice areas in the 2019 Chambers Asia-Pacific directory of the leading lawyers in the region. SSEK founding partner Ira A. Eddymurthy received the highest ranking, Band 1, from Chambers for Corporate/M&A. Ira was praised for her “comprehensive knowledge and understanding SSEK Lawyers Highly Ranked for Indonesia in New Chambers Directory

SSEK Lawyers Recognized in New IFLR1000 Financial and Corporate Law Rankings for Indonesia

SSEK lawyers have been recognized in the IFLR1000 2019 rankings of the leading financial and corporate law firms and lawyers in Indonesia. Six of SSEK’s partners and foreign legal advisers received the highest ranking of Highly Regarded for their financial and corporate law practices. They are:   Dyah Soewito – Banking, energy and infrastructure, M&A, SSEK Lawyers Recognized in New IFLR1000 Financial and Corporate Law Rankings for Indonesia

SSEK Highly Ranked in New IFLR1000 Guide to Leading Law Firms and Lawyers in Indonesia

SSEK has been recognized as one of Indonesia’s leading law firms across multiple practice areas in the 2019 IFLR1000 guide to the world’s leading financial and corporate law firms and lawyers. SSEK received the highest ranking for its M&A and Restructuring & Insolvency practices. SSEK was also recognized as one of Indonesia’s top law firms SSEK Highly Ranked in New IFLR1000 Guide to Leading Law Firms and Lawyers in Indonesia

Indonesian Investment Stimulus – DNI Revision, New Business Sectors Opened to Foreign Capital

In an effort to stimulate investment in Indonesia, the government announced on Friday, November 16, 2018, that it had launched the 16th Economic Policy Package, with the primary objective of relaxing investment-related regulations. There are three key points to this latest economic package: (i) the revision of the Negative Investment List (Daftar Negatif Investasi or Indonesian Investment Stimulus – DNI Revision, New Business Sectors Opened to Foreign Capital

SSEK Partner a Panelist at Discussion on ‘Globalization Redefined’

Rusmaini Lenggogeni, a partner at SSEK , was a panelist at a recent event in Rome on “Globalization Redefined.” The discussion was organized by Freshfields Bruckhaus Deringer and was held in conjunction with the International Bar Association’s annual conference. Rusmaini was on the panel for the session titled “The Next SoftBank.” This session examined the SSEK Partner a Panelist at Discussion on ‘Globalization Redefined’

PTs in Indonesia Told to Adjust Business Line Classifications

The Indonesian Ministry of Law and Human Rights (“MOLHR”) and the Coordinating Ministry for Economic Affairs (“CMEA”) issued a joint announcement on October 11, 2018, which was published on the website of the Online Single Submission (“OSS”) system. According to the announcement, limited liability companies (Perseroan Terbatas or “PTs”) that were established or expanded their PTs in Indonesia Told to Adjust Business Line Classifications

SSEK’s Denny Rahmansyah a Finalist for Managing Partner of Year at ALB Indonesia Law Awards

SSEK’s Denny Rahmansyah is a finalist for Managing Partner of the Year at the Asian Legal Business (ALB) Indonesia Law Awards. Overall, SSEK has been short-listed for 14 firm, individual and deal awards, with the winners to be announced on October 4. Denny joined SSEK in 2001 and has been deeply involved in numerous major SSEK’s Denny Rahmansyah a Finalist for Managing Partner of Year at ALB Indonesia Law Awards

Shareholder Activism in Indonesia

While there is no specific definition of shareholder activism in Indonesia, and Indonesia does not recognize shareholder activism, the Indonesian Company Law (Law No. 40 of 2007 regarding Limited Liability Companies) gives certain rights to each shareholder and minority shareholder that allow them to influence the company’s actions. Each share grants its owner the right Shareholder Activism in Indonesia

SSEK Lawyers Named to Asia Business Law Journal A-List of Indonesian Lawyers

SSEK partners and foreign legal advisors have been named to Asia Business Law Journal’s A-List of Indonesia’s Top 100 Lawyers. SSEK’s A-List lawyers are founding partners Dyah Soewito and Ira A. Eddymurthy, and foreign legal advisors Michael D. Twomey, Jonathan M. Streifer and Michael S. Carl. The A-List of Indonesia leading lawyers was compiled based SSEK Lawyers Named to Asia Business Law Journal A-List of Indonesian Lawyers

Mandatory Disclosure of Beneficial Owners in Indonesia

Legal entities in Indonesia are now required to declare the identity of beneficial owners and provide information on their beneficial ownership, following the recent enactment of Presidential Regulation No. 13 of 2018 regarding the Implementation of the Principle on Recognizing Beneficial Ownership of Corporations in the Framework of the Prevention and Eradication of Money Laundering Mandatory Disclosure of Beneficial Owners in Indonesia