Year Category: 2014

Which Goods Require Indonesian-Language Labels and What Is the Penalty for Failing to Comply?

Indonesia’s Ministry of Trade has updated Regulation No. 67/M-DAG/PER/11/2013 regarding the Obligation to Affix Indonesian-Language Labels on Goods, with the issuance of Minister of Trade Regulation No. 10/M-DAG/PER/1/2014 dated January 30, 2014 (MOT Reg. 67/2013). This MOT regulation requires that certain goods manufactured in Indonesia and certain imported goods traded in Indonesia carry a label Which Goods Require Indonesian-Language Labels and What Is the Penalty for Failing to Comply?

SSEK Advises on Hong Kong IPO

SSEK, based in Jakarta, Indonesia, advised on Link Holdings Limited’s recent IPO and listing on the Hong Kong Stock Exchange by way of placement. Link Holdings, a hotel operator, has a subsidiary with assets in Indonesia. SSEK advised the sole sponsor and underwriters of the IPO on all aspects of Indonesian law.

New Negative List Introduces Changes to Health Investment in Indonesia

By Ira A. Eddymurthy and Alvin S. Suryohadiprojo The Indonesian Government has released a new list of business fields that are closed to investment and business fields that are conditionally open to investment. The long-awaited New Negative List, issued under Presidential Regulation No. 39 of 2014, increases allowed foreign ownership levels in several key industries, New Negative List Introduces Changes to Health Investment in Indonesia

Legal Guide to Vertical Agreements in Indonesia: KPPU and Enforcement

Notifying Agreements Outline any formal procedure for notifying agreements containing vertical restraints to the authority responsible for antitrust enforcement. There is no formal procedure for notifying agreements containing vertical restraints. Authority Guidance If there is no formal procedure for notification, is it possible to obtain guidance from the authority responsible for antitrust enforcement or a Legal Guide to Vertical Agreements in Indonesia: KPPU and Enforcement

SSEK Named Leading Energy and Infrastructure Firm in Indonesia

SSEK has been recognized by IFLR1000 as a leading Energy and Infrastructure firm in Indonesia. In recognizing SSEK, IFLR1000 noted that the firm is known for its standout expertise in the energy, natural resources and telecommunications sectors, and that mining, oil and gas, and power projects dominate their projects work. Michael D. Twomey, a senior SSEK Named Leading Energy and Infrastructure Firm in Indonesia

Legal Guide to Vertical Agreements in Indonesia: Types of Restraint

How is restricting the buyer’s ability to determine its resale price assessed under antitrust law? In general, Indonesia’s Antimonopoly Law prohibits resale price maintenance in the form of a minimum resale price. The Antimonopoly Law does not prohibit resale price maintenance in the form of maximum resale price or specified resale price. Have the authorities Legal Guide to Vertical Agreements in Indonesia: Types of Restraint

Fee Guidelines for Administrators and Receivers in Indonesian Bankruptcy Proceedings

By Dewi Savitri Reni  and Dewi Mayangsari Law No. 37 of 2004 regarding Bankruptcy and Suspension of Debt Payments (the “Bankruptcy Law”) stipulates that the fees for Administrators and Receivers are decided after the bankruptcy or the Suspension of Debt Payment (Penundaan Kewajiban Pembayaran Utang or “PKPU”) is concluded. While there is some subjectivity in determining Fee Guidelines for Administrators and Receivers in Indonesian Bankruptcy Proceedings

Legal Alert May 2014

Please find attached the latest Legal Alert for May 2014. SSEK’s Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Click here: Legal Alert May 2014