Restructuring/Insolvency
Asia-Pacific Guide 2024 : Indonesia
Band 2
Email address
[email protected]Contact number
+62 21 521 2038About
Provided by SSEK Law Firm
The experience and expertise of SSEK set it apart from other restructuring and insolvency practices in Indonesia. When the Asian financial crisis hit the country in 1997, SSEK played an important role in helping to shape the new Bankruptcy Law that Indonesia passed in response to the crisis. This hands-on experience in helping to draft the Bankruptcy Law, and SSEK’s network of contacts in government offices, gives us a unique insight into Indonesia’s restructuring and insolvency regime.
SSEK has been involved in first-of-its-kind work for Indonesia related to the acquisition of non-performing loans and in working out NPLs.
Our restructuring team works closely with SSEK's market-leading M&A practice to restructure Indonesian entities in connection with acquisitions by multinational companies.
Chambers Review
SSEK Law Firm is a full-service law firm in Jakarta that has strong expertise in debt restructuring and insolvency work, spanning a range of sectors including aviation and mining. The department is well placed to represent international creditors in PKPU proceedings, as well as non-performing loan acquisitions and debt recovery. The firm counts Société Internationale de Télécommunications Aéronautiques and Rolls-Royce among its clientele.
Work Highlights
- SSEK Law Firm represented Rolls-Royce as a creditor and maintenance, repair and operations vendor of Garuda Indonesia, in relation to the debtor's debt restructuring proceedings.
Strengths
Provided by Chambers
"SSEK always manages to come up with ways and solutions for any complex matters that come up. The firm has many lawyers with varying experiences and expertise that can be assigned to help on relevant matters."
"They provide practical and effective solutions to complex problems, and they consider our urgent timing when providing advice."
"SSEK always manages to come up with ways and solutions for any complex matters that come up. The firm has many lawyers with varying experiences and expertise that can be assigned to help on relevant matters."
"They provide practical and effective solutions to complex problems, and they consider our urgent timing when providing advice."
Notable Practitioners
Dewi Savitri Reni in Jakarta is experienced in advising clients on non-performing loan transactions and liquidation proceedings, as well as debt restructuring and corporate restructuring.
"She is admired for her commercial awareness and problem-solving skills, and has a very good network in South-East Asia."