SSEK Indonesian Legal Consultants has received three Deal of the Year Awards from Asia Business Law Journal. SSEK was recognized for its work on the following deals: – Advising PT Bank Central Asia (BCA) on the extension of its bancassurance distribution partnership with AIA Group.– Advising Macquarie Capital on the acquisition of a portfolio of … SSEK Indonesian Legal Consultants Advises on 3 Award-Winning Deals
SSEK has assisted DLA Piper Singapore in a US$28 million Series C funding for C88 Financial Technologies led by Experian, a global information services company based in Dublin, Ireland. According to media reports, this was one of the largest Series C funding rounds in Southeast Asia. C88, a Singapore startup that builds financial technology infrastructure, … SSEK Assists on US$28m Tech Startup Funding
The Indonesian Ministry of Manpower (MOM) has issued MOM Regulation Number 10 of 2018 on Procedures for the Utilization of Foreign Workers (MOMR 10/2018), which implements Government Regulation Number 20 of 2018 on the Utilization of Foreign Workers. MOMR 10/2018 revokes MOM Regulation Number 16 of 2015 and MOM Regulation Number 35 of 2015. MOMR … New Indonesian Manpower Regulation Changes Rules for Foreign Workers
With regard to private and family life in Indonesia, Article 28(G) of the 1945 Constitution provides that every person has the right to: (i) Protection of their personal selves, families, respect, dignity and possessions under their control; and (ii) Security and protection from threat of fear for doing, or not doing, something which constitutes a … Protection of Privacy in Indonesia
SSEK’s Rusmaini Lenggogeni contributed an article to the International Financial Law Review’s special supplement on cryptocurrency regulation around the world. SSEK looks at Indonesia’s clampdown on virtual currencies and the future potential of blockchain. You can find the article here. International Financial Law Review (IFLR) is a market-leading financial law publication.
SSEK\'s Rusmaini Lenggogeni and Syahdan Z. Aziz will lead a full-day Indonesian employment law masterclass in Singapore on Tuesday, Sept. 18. The class will cover the Indonesian labor law landscape, different categories of employment contract, expatriate employment, labor disputes and the termination process in Indonesia, among other topics. You can find more information on the … SSEK to Lead Indonesian Employment Law Masterclass in Singapore – Book Your Place
SSEK has assisted the Indonesian state-owned oil and natural gas corporation, Pertamina, in the transfer of 51% of Pertamina’s shares in its direct subsidiary Pertagas to another Pertamina subsidiary, PT Perusahaan Gas Negara (PGN), in a transaction valued at US$1.2 billion, as has been reported. With the transfer, PGN will become a subholding company under … SSEK Assists Pertamina on Major Transaction
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 partner Dewi Savitri Reni was named a Future Star for Indonesia in the Benchmark Litigation 2018 rankings. Vitri is a supervising partner of SSEK\'s arbitration and dispute resolution practice. Her recent projects include assisting a multinational automaker with its exit from Indonesia, advising a multinational banking group on insolvency proceedings against a Singapore shipping … SSEK Partner Recognized in 2018 Benchmark Litigation Rankings for Indonesia
SSEK managing partner Denny Rahmansyah and senior associate Stephen Igor Warokka recently led a training session on Indonesian land and building law for the legal division of Badan Penyelenggara Jaminan Sosial (BPJS) Ketenagakerjaan, Indonesia\'s social security administration agency for workers. The training included the types of land rights in Indonesia, land purchases and the disposal … SSEK Leads Training on Indonesian Land and Building Law
