Expertise: Restructuring & Insolvency

SSEK’s Michael Carl to Speak at Webinar on Restructuring Indonesian Companies

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Michael S. Carl, a foreign legal advisor at SSEK, is a scheduled speaker at an upcoming webinar, Utilising Singapore (and Other Offshore Jurisdictions) to Restructure Indonesian Companies. The webinar is scheduled for Monday, March 29. It is organized by INSOL International and the Asian Business Law Institute. Event Overview Singapore is emerging as the jurisdiction … SSEK’s Michael Carl to Speak at Webinar on Restructuring Indonesian Companies

SSEK Named Leading Cross-Border Restructuring and Insolvency Firm

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SSEK Indonesian Legal Consultants has been recognized as one of the world\'s top cross-border restructuring and insolvency practices by Global Restructuring Review (GRR) in its 2020 GRR 100 rankings. SSEK was one of only two Indonesian law firms to receive this recognition. The GRR 100 is an annual guide to the world\'s leading cross-border restructuring and insolvency practices. The guide … SSEK Named Leading Cross-Border Restructuring and Insolvency Firm

Indonesian Bankruptcy and PKPU Proceedings in a Time of COVID-19

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By Denny Rahmansyah and Mahareksha Singh Dillon The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008. As part of efforts to check the spread of the virus, the Indonesian government has implemented a policy of Large-Scale Social Restrictions (Pembatasan Sosial Berskala Besar or \"PSBB‚Äù), requiring most businesses … Indonesian Bankruptcy and PKPU Proceedings in a Time of COVID-19

SSEK Contributes Article on Indonesian Bankruptcy and PKPU Proceedings in a Time of COVID-19

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SSEK partner Denny Rahmansyah and senior associate Mahareksha Singh Dillon have contributed an article to Asian Legal Business (ALB) on Indonesian bankruptcy and suspension of debt payment obligation (PKPU) proceedings in the wake of COVID-19. You can find the article here.  Asian Legal Business is owned by Thomson Reuters, a leading source of information for businesses … SSEK Contributes Article on Indonesian Bankruptcy and PKPU Proceedings in a Time of COVID-19

SSEK Discusses Indonesian Bankruptcy Law

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SSEK partner Dewi Savitri Reni (Vitri) spoke at a recent ET-Asia webinar on Indonesian bankruptcy law and debt restructuring. Vitri is experienced in helping to guide companies through debt restructurings and the bankruptcy process in Indonesia. About ET-Asia  ET-Asia is a leader in organizing specialized training for corporate organizations and other partners.

SSEK’s Michael Carl to Speak at Webinar on Restructuring & Security Enforcement of Debts

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Michael S. Carl, a senior foreign counsel at SSEK, will speak at an upcoming webinar on Restructuring and Security Enforcement of Debts in the commodities sector. Background With a severe liquidity crunch affecting the commodities market, lenders and trade counterparts are increasingly concerned over issues relating to trade documentation, payment defaults and how to enforce … SSEK’s Michael Carl to Speak at Webinar on Restructuring & Security Enforcement of Debts

SSEK Discusses Indonesian Bankruptcy Law

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SSEK partner Dewi Savitri Reni (Vitri) spoke at a recent ET-Asia webinar on Indonesian bankruptcy law and debt restructuring. The topic has taken on added importance with the impact of COVID-19 on economic activity in Indonesia. Vitri is experienced in helping to guide companies through debt restructurings and the bankruptcy process in Indonesia. About ET-Asia  … SSEK Discusses Indonesian Bankruptcy Law

Indonesia’s OJK Issues Regulation on Quick Restructuring for Troubled Banks in Wake of COVID-19

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The COVID-19 global pandemic has taken a toll on the Indonesian economy, underlining the need for financial institutions to have adequate liquidity in the face of uncertain times. In response, the Indonesian government issued Government Regulation in Lieu of Law No. 1 of 2020 on State Financial Policy for the Handling of COVID-19 and/or Other … Indonesia’s OJK Issues Regulation on Quick Restructuring for Troubled Banks in Wake of COVID-19

Indonesian Constitutional Court Ruling Changes Fiduciary Security Execution

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By Syahdan Z. Aziz and Michael Amos Djohan On January 6, 2020, the Indonesian Constitutional Court issued Decision No. 18/PUU-XVII/2019, declaring that Articles 15(2) and 15(3) of Law No. 42 of 1999 on Fiduciary Security (the \"Fiduciary Security Law‚Äù) are partially unconstitutional. The court was ruling on a lawsuit arguing that it was a violation … Indonesian Constitutional Court Ruling Changes Fiduciary Security Execution

SSEK Leads Training for Pertamina

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SSEK recently led a training session on dissolution and liquidation for legal officers at PT Pertamina, the Indonesian state-owned energy company. SSEK senior partner Ira A. Eddymurthy led the session on the dissolution and liquidation process for companies and yayasan, or foundations. About SSEK SSEK is a leading full-service corporate and commercial law firm based … SSEK Leads Training for Pertamina