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The Indonesian archipelago continues to be an attractive hub for foreign investment, thanks to its established energy and natural resources sector and growing interest in Islamic finance. Although the country’s elections caused a ‘wait-and-see’ attitude among investors, there has still been a considerable amount of market activity. The consumer products sector continues to thrive with big brands establishing themselves in the region. As always with a rapidly emerging market, the regulatory framework is struggling to keep up with its expansion, and foreign companies face increasing restrictions. The mining sector has particularly suffered as a result of the recent ban on the export of unprocessed mineral ore and export taxes. However, this trend does not seem to have deterred foreign workers, investors and companies who seek advice from local and international firms on how best to conduct their business.

Key foreign and local firm alliances include Hadiputranto, Hadinoto & Partners, a member firm of Baker & McKenzie and Ginting & Reksodiputro in association with Allen & Overy, with many others attempting to follow in their footsteps. Ali Budiardjo, Nugroho, Reksodiputro, Assegaf Hamzah & Partners and SSEK Legal Consultants are the key independent local firms.

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    On May 31 st and June 1 st 2015 Penkov, Markov & Partners hosted 38 colleagues – lawyers from most reputable law firms from 19 countries, including many European countries – Austria CHSH CerhaHempel Spiegelfeld Hlawati , Belgium Liedekerke Wolters Waelbroeck Kirkpatrick , Germany Noerr LLP , Portugal MLGTS , Switzerland ( Pestalozzi ), Liechtenstein ( Marxer & Partner ), Poland ( Wardynski & Partners ), the Czech Republic ( PRK Partners ), Hungary ( Nagy és Trócsányi ), Serbia ( JPM Jankovic, Popovic & Mitic ), Cyprus ( Dr. K. Chrysostomides & Co LLC ), Sweden ( Advokatfirman Vinge KB ), Lithuania ( Valiunas Ellex ), Scotland ( Maclay Murray & Spens LLP ), Slovenia ( Odvetniki Selih & partnerji ), as well as the US ( Butzel Long ; Bass, Berry Sims PLC ; Baker Botts LLP ; Steptoe & Johnson LLP ), Canada ( Farris, Vaughan, Wills & Murphy LLP ) and Singapore ( Rajah & Tann Singapore LLP .
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    Avellum Partners welcomes Dmytro Marchukov as the new Partner and the Head of Dispute Resolution Practice.

    Avellum Partners welcomes Dmytro Marchukov as the new Partner and the Head of Dispute Resolution Practice.
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    Stephen Baker , Senior Partner at Jersey based law firm  Baker & Partners , has been ranked as one of the top lawyers in the field of asset tracing and recovery by  Who’s Who Legal .   
  • Penkov, Markov and Partners Law Office and AmCham Organized Their First Joint Art Cocktail

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  • Dataquest Business Technology Awards 2015

    Anand and Anand has been awarded for excellence in the category of “Big Data/Analytics” at Dataquest Business Technology Awards  held on August 19, 2015 at The Hyatt, Mumbai. 
  • "The Practice of International Arbitration"

    Christos Georgiades & Associates LLC, the ICC Young Arbitrators Forum (YAF), the International Centre for Dispute Resolution (ICDR) Young & International, the International Council for Commercial Arbitration (ICCA), and Young ICCA are pleased to announce that an international arbitration conference will take place in Cyprus -Paphos on 18 September 2015, entitled "The Practice of International Arbitration".
  • Bär & Karrer: 3 August 2015 - Tiwel Holding Announces Public Tender Offer

    Tiwel Holding AG, Switzerland, a company controlled by the Renova group, today announced a mandatory public tender offer for all publicly held shares of Sulzer AG, which is listed on SIX Swiss Exchange and headquartered in Winterthur, Switzerland.  Sulzer AG holds interests in technology companies and other enterprises specializing in pump solutions, rotating equipment maintenance and services as well as separation, reaction and mixing technology. Tiwel offers CHF 99.20 per Sulzer share. Before launching the mandatory offer, Tiwel purchased a certain number of shares in Sulzer and thereby crossed the threshold of 33 1 /3 %, triggering the obligation to launch a mandatory offer. When launching the offer, Tiwel, together with the parties acting in concert with it, owned 33.36% of the shares in Sulzer. Currently, Sulzer has 34,262,370 issued registered shares.
  • Bär & Karrer: 7 August 2015 - PKB Privatbank Reaches Agreement With the US Department of Justice

    Within the framework of the US program in which it participated voluntarily, PKB Privatbank reached a non-prosecution agreement with the US Department of Justice. PKB Privatbank agreed to pay USD 6.3 million and to further cooperate with US authorities. In return, the US Department of Justice will abstain from criminal prosecution. The penalty amounts to approx. 1.9 percent of the total assets held by PKB Privatbank's US clients.