Ira A Eddymurthy
Asia-Pacific Guide 2024
Band 2 : Corporate/M&A
Email address
[email protected]Contact number
+62 21 521 2038Share profile
About
Provided by Ira A Eddymurthy
Practice Areas
Corporate law and mergers and acquisitions, banking and finance, including project finance, capital markets, insurance law, oil and gas law, tax law
Career
Ira A. Eddymurthy is a founding partner of SSEK and one of Indonesia’s most experienced and highly regarded lawyers. She has more than three decades of experience advising multinationals and domestic companies on Indonesia’s complex regulatory environment.
Chambers & Partners quotes clients praising Ira’s “sophisticated knowledge of Indonesian law” and “comprehensive knowledge and understanding of the commercial aims of clients.”
Ira is recognized by legal directories as one of Indonesia’s top banking, capital markets and M&A lawyers. She was named to IFLR Asia Best Lawyers 2022, which recognizes the top individual legal practitioners in the region, and was included in the 2022 IFLR1000 Women Leaders, a ranking of the most prominent women lawyers across the world. Ira has been included in the Asia Business Law Journal A-List of the Top 100 lawyers in Indonesia every year since the list was introduced in 2018. She was named to the Asian Legal Business 2021 list of Asia's Top 15 Women Lawyers.
Ira was a featured speaker at the 2017 US-Indonesia Women’s CEO Summit in Washington, DC, which brought together C-Suite women from Indonesia and the United States for a "series of lively, open, and uniquely personal conversations on how they did it, how they do it and how they are planning for the future."
Ira has been admitted to the Indonesian National Board of Arbitration (BANI) panel of arbitrators.
Professional Memberships
• Member of the Indonesian Advocates Association (Peradi) and leads the International Division of Peradi
• Licensed as an Indonesian capital markets legal consultant
• Panel of arbitrators at the Indonesian National Board of Arbitration (Badan Arbitrase Nasional Indonesia or BANI).
• International Bar Association
• Inter-Pacific Bar Association (IPBA) and represented the Indonesian jurisdiction of the IPBA from 2002-2008
Publications
• Law and Jurisdiction in Insurance and Reinsurance Contracts
• ESG in APAC: jurisdictional overview on ESG reporting, transition planning and greenwashing
• Primer on Directors’ Duties and Disclosure Obligations 2023
• Guide to Pharmaceutical Advertising in Indonesia
• Indonesia’s New Personal Data Protection Law and the Impact on M&A Transactions
• Doing Business in Indonesia
• Establishing a Business in Indonesia
• Insurance and Reinsurance in Indonesia
• The Comparative Guide on Cryptocurrency Legislations & Guidelines 2022
Work Highlights
• Advised PT Indosat Tbk on the establishment of a data center joint venture with Indosat subsidiary PT Aplikanusa Lintasarta and BDx Asia Data Center Holdings Pte. Ltd.
• Acted for several creditors in the US$9.8 billion debt restructuring of flag carrier Garuda Indonesia, one of the largest and most complex suspension of debt payment obligation (PKPU) proceedings in Indonesian history.
• Acted for PT Indo Kordsa Tbk, a leader in tire cord technology, in a merger with its subsidiary PT Indo Kordsa Polyester, in a transaction valued at about $41 million, as has been reported.
• Appointed by a group of leading Indonesian state-owned enterprises to assist the Ministry of State-Owned Enterprises in drafting, negotiating, revising and finalizing three omnibus ministerial regulations to simplify/replace provisions previously contained in 45 separate Minister of State-Owned Enterprises Regulations and regulate the SOE sector in Indonesia.
• Assisted Restaurant Brands Asia Limited, a listed Indian company that operates major F&B brands, as Indonesian counsel in the acquisition of a controlling stake in PT Sari Burger Indonesia, the franchisee of Burger King in Indonesia.
• Advised on the formation of the Indonesian Oil and Gas Holding SOE, a US$ 4 billion deal that resulted in the creation of Indonesia’s largest state-owned holding company.
• Represented Pertamina in negotiations with Indonesia’s Ministry of Finance over a strategic partnership for the development of Indonesia’s petrochemical industry.
• Acted for Pertamina International Shipping in connection with its energy transportation cooperation with a Japanese shipping company.
• Advised Exxon Natuna on regulatory issues pertaining to a multibillion-dollar oil and gas development.
• Acted for Gesit Companies, a diversified Indonesian conglomerate that operates in the property, trading and services, manufacturing and natural resources sectors, in a transaction with MEA Commercial Holdings, a leading Singapore holding company that focuses on real estate investments.
• Advised Malaysian investment holding company RII Holdings Sdn Bhd on its acquisition of a substantial equity interest in leading Indonesian logistics company PT Pandu Siwi Sentosa.
• Assisted a bidder, a multinational banking and financial services company headquartered in Singapore, with its contemplated acquisition of a controlling stake in one of Indonesia’s largest banks by assets.
Expert in these Jurisdictions
Indonesia
Languages Spoken
English – Full professional proficiency
Indonesian – Native/bilingual
Education
University of Indonesia
Bachelor of Laws
University of California, Berkeley, School of Law
Visiting scholar
Dickson Poon School of Law, King's College London
Master of Laws (LL.M.)
Awards
Women Leaders
IFLR1000
2022
Best Lawyers - Asia
IFLR
2022
A-List: Indonesia's Top 100 Laywers
Asia Business Law Journal
2023
Recommended Lawyer - In-House Counsel Choice
Hukumonline
2022
Leading Women in Business Law - Banking & Finance, Corporate/M&A
Expert Guides (Legal Media Group)
2022
Global Leader - Banking & Finance (Indonesia)
Who's Who Legal
2023
Global Leader - Energy - Oil & Gas (Indonesia)
Who's Who Legal
2023
Woman Lawyer of the Year
Asian Legal Business
2017
Chambers Review
Asia-Pacific
Ira Eddymurthy is a highly experienced lawyer in Indonesia. Her clients include Indonesian conglomerates, state-owned companies and multinationals.
Contributions
Latest contributions provided by Ira A Eddymurthy
Strengths
Provided by Chambers
"Ira provides exceptional services and has in-depth knowledge of the legal and regulatory landscape in Indonesia. She is helpful and clear in providing advice."
"She is smart, diligent and equipped with sufficient expertise."
"Ira provides exceptional services and has in-depth knowledge of the legal and regulatory landscape in Indonesia. She is helpful and clear in providing advice."
"She is smart, diligent and equipped with sufficient expertise."
Articles, highlights and press releases
5 items provided by SSEK Law Firm
SSEK Acting as Indonesian Counsel to Yokohama in $905m Acquisition of Goodyear’s OTR Tire Business
SSEK Law Firm is acting as Indonesian counsel to The Yokohama Rubber Company, Limited in its acquisition of The Goodyear Tire & Rubber Company’s off-the-road (OTR) tire business for $905 million, as has been announced.
SSEK Law Firm Advises Indosat on Transfer of Data Center Assets
SSEK Law Firm represented PT Indosat Tbk in the successful transfer of data center assets valued at IDR 2.62 trillion to an affiliated company.
SSEK Advises IDX-Listed Indo Kordsa on Merger
SSEK advised PT Indo Kordsa Tbk on the successful merger with its subsidiary, PT Indo Kordsa Polyester. Indo Kordsa, the surviving company in the merger, is listed on the Indonesia Stock Exchange.
SSEK Advises Indosat on $300m Data Center JV with BDx
With an estimated value of $300 million, this reportedly would be one of the largest foreign investments in the data center sector in Indonesia.
SSEK Acts for Indonesian Conglomerate in Acquisition by Singapore Holding Company
SSEK acted for a diversified Indonesian conglomerate that operates in the property, trading and services, manufacturing and natural resources sectors, in a transaction with MEA Commercial Holdings Pte. Ltd. (MEACH), a leading Singapore holding company.
SSEK Acting as Indonesian Counsel to Yokohama in $905m Acquisition of Goodyear’s OTR Tire Business
SSEK Law Firm is acting as Indonesian counsel to The Yokohama Rubber Company, Limited in its acquisition of The Goodyear Tire & Rubber Company’s off-the-road (OTR) tire business for $905 million, as has been announced.
SSEK Law Firm Advises Indosat on Transfer of Data Center Assets
SSEK Law Firm represented PT Indosat Tbk in the successful transfer of data center assets valued at IDR 2.62 trillion to an affiliated company.
SSEK Advises IDX-Listed Indo Kordsa on Merger
SSEK advised PT Indo Kordsa Tbk on the successful merger with its subsidiary, PT Indo Kordsa Polyester. Indo Kordsa, the surviving company in the merger, is listed on the Indonesia Stock Exchange.
SSEK Advises Indosat on $300m Data Center JV with BDx
With an estimated value of $300 million, this reportedly would be one of the largest foreign investments in the data center sector in Indonesia.
SSEK Acts for Indonesian Conglomerate in Acquisition by Singapore Holding Company
SSEK acted for a diversified Indonesian conglomerate that operates in the property, trading and services, manufacturing and natural resources sectors, in a transaction with MEA Commercial Holdings Pte. Ltd. (MEACH), a leading Singapore holding company.
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SSEK Law Firm
Indonesia
Key Sectors
Provided by SSEK Law Firm
Business and Professional Services
Energy and Utilities
Financial Services
Health and Life Sciences
Insurance