Year Category: 2024

SSEK Again Recognized in GRR 100 as Leading Restructuring, Insolvency Firm for Indonesia

SSEK Law Firm has been recognized in the Global Restructuring Review’s GRR 100 2024 as one of the world’s leading practices. SSEK was one of only two law firms from Indonesia to receive the recognition. The GRR 100 recognizes the world’s leading law firms for cross-border restructuring and insolvency matters. Firms are selected based on SSEK Again Recognized in GRR 100 as Leading Restructuring, Insolvency Firm for Indonesia

Indonesia Cryptoassets and Blockchain Guide

SSEK Law Firm partners Syahdan Z. Aziz and Winnie Yamashita Rolindrawan and associate Bianca P. Kadarisman contributed the Indonesia chapter to Lexology Panoramic: Cryptoassets & Blockchain 2025. This cryptoassets and blockchain guide provides insight into the legal and regulatory framework in Indonesia; the use of cryptoassets for investment, financing, trading and payments; cryptocurrency mining; blockchain Indonesia Cryptoassets and Blockchain Guide

Indonesia Legal Update: Termination of Employment During Probation Period

As background, the probation period in Indonesia is recognized by Article 60 of Law 13/2003 on Manpower as amended. A probation period can only be required for employees with an Indefinite Term Employment Agreement (Perjanjian Kerja Waktu Tidak Tertentu or “PKWTT”), with a maximum period of three months. The elucidation of the article further states Indonesia Legal Update: Termination of Employment During Probation Period

Terms of Employment in Indonesia

Normal working hours in Indonesia are prescribed by Government Regulation No. 35/2021 of 2 February 2021 regarding fixed-term employment agreements, outsourcing, working hours and rest hours, and termination of employment (GR 35/2021) as not more than seven hours per day and 40 hours per week based on a six-day working week or eight hours per Terms of Employment in Indonesia

Shifting Tides: The Third Amendment to the Shipping Law and Its Impact on Indonesian Shipping Joint Ventures

The third amendment to Indonesia’s Shipping Law, through Law No. 66 of 2024 regarding the Third Amendment to Law No. 7 of 2008 on Shipping (“Third Amendment”), had a massive impact on Indonesian shipping joint ventures, i.e., shipping companies with a foreign entity as a shareholder (“Shipping JV”). The Third Amendment introduces, among other things, Shifting Tides: The Third Amendment to the Shipping Law and Its Impact on Indonesian Shipping Joint Ventures