Year Category: 2017

Recent Developments in Bankruptcy Law and Suspension of Debt Payments in Indonesia

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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 In response to the 1997-98 Asian financial crisis, and the view that the 1905 bankruptcy law was out of date and irrelevant to modern commercial needs, the Government on April 22, 1998, issued … Recent Developments in Bankruptcy Law and Suspension of Debt Payments in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

Restrictions on Contractors in the Indonesian Oil and Gas Sector

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By Fitriana Mahiddin and Syahdan Z. Aziz There are a number of rules for Production Sharing Contract (PSC) Contractors in Indonesia’s oil and gas sector, including those on the export of production, currency exchange and the transfer or disposal of development rights. Subject to obtaining requisite export approvals, a Contractor is entitled to export its production entitlement, … Restrictions on Contractors in the Indonesian Oil and Gas Sector

Michael Carl of SSEK Features at Asia Bancassurance Conference

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Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, was a featured speaker at the 18th Asia Conference on Bancassurance and Alternative Distribution Channels, organized by Asia Insurance Review. The conference was held May 15-16 at Hotel Mulia Senayan in Jakarta. Michael discussed foreign ownership of insurance companies in Indonesia, and looked … Michael Carl of SSEK Features at Asia Bancassurance Conference

Michael Carl of SSEK to Speak at Asia Bancassurance Conference

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Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, will be a featured speaker at the 18th Asia Conference on Bancassurance and Alternative Distribution Channels, organized by Asia Insurance Review. The conference will be held May 15-16 at Hotel Mulia Senayan in Jakarta. Michael will discuss “Legal Issues and M&A Deals in … Michael Carl of SSEK to Speak at Asia Bancassurance Conference

SSEK Features at AmCham Indonesia Discussion on Work Permits

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The American Chamber of Commerce in Indonesia (AmCham Indonesia) hosted a discussion on Tuesday, May 9, on work permits. The event was titled “Coping with Work Permits: Finding the Way Forward”. SSEK’s Stephen Igor Warokka was a featured speaker at the event. He helped lead participants through the process of obtaining and renewing work and residence … SSEK Features at AmCham Indonesia Discussion on Work Permits