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
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
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 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
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
SSEK recently gave a presentation to the Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) on the transfer of non-performing loans. The event was part of the OJK’s knowledge exchange program, which brings together members of the OJK and practitioners from leading Indonesian law firms like SSEK. About SSEK SSEK is a leading full-service corporate … SSEK Gives Presentation to Indonesia’s OJK
SSEK has been recognized as one of the world’s top cross-border restructuring and insolvency practices by Global Restructuring Review (GRR) in its 2019 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 … SSEK Named Leading Cross-Border Restructuring and Insolvency Firm
Denny Rahmansyah, a supervising partner of SSEK\'s bankruptcy and debt restructuring practice, and Mahareksha Singh Dillon, an associate at the firm, have contributed the Indonesia chapter to the Thomson Reuters Practical Law Restructuring and Insolvency Global Guide. Denny and Mahareksha provide a high-level overview of the restricting and insolvency regime in Indonesia. They discuss, among other … SSEK Contributes Indonesia Chapter to Restructuring and Insolvency Guide
SSEK partner Dewi Savitri Reni (Vitri) was a featured speaker at a recent BPJS Ketenagakerjaan legal compliance event in Jakarta. Vitri provided an overview of Indonesian bankruptcy law and cyberlaw for an audience of BPJS Ketenagakerjaan employees. BPJS Ketenagakerjaan is an Indonesian public legal entity (badan hukum publik) that provides a mandatory social security program … SSEK Discusses Bankruptcy Law and Cyberlaw at BPJS Ketenagakerjaan Indonesia Event
Indonesia has had a bankruptcy law since 1905, when Staatsblad 1905 No. 217 juncto Staatsblad 1906 No. 348 Concerning Bankruptcy was enacted. In response to the 1997-98 Asian financial crisis, and the view that the 1905 bankruptcy law was out of date and irrelevant to modern commercial needs, the Government on April 22, 1998, issued … Recent Developments in Bankruptcy Law and Suspension of Debt Payments in Indonesia
