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Within Banking and finance Other recommended firms

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Within Corporate and M&A, tier 4

Corporate boutique Christian Teo Purwono & Partners advises clients on establishing a presence in Indonesia, as well as acting in M&A deals and commercial disputes. Highlights included advising Publicis Groupe Holdings, and it continues to be retained by Adidas Indonesia. Dini Purwono is recommended.

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Within Dispute resolution, tier 4

Christian Teo Purwono & Partners is ‘focused on providing pragmatic and deeply knowledgeable advice’. Bill Sullivan’s ‘knowledge of law is superb, and he has the ability to convey that knowledge in an easy-to-follow logical manner for laymen’. Clients include Dell Indonesia, Tropicom Utama Furniture and Asia Minerals Corporations.

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Within Employment, Christian Teo Purwono & Partners is a second tier firm,

Christian Teo Purwono & Partners advises its core corporate client base on employment issues, particularly focusing on executive employment terminations. Clients include Top Food Indonesia and Essilor Indonesia. Name partner Christian Teo heads the team.

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Within Foreign firms,

Stephenson Harwood (Christian Teo Purwono & Partners)

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Within Projects and energy, Christian Teo Purwono & Partners is a third tier firm,

Christian Teo Purwono & Partners has particular expertise in the mining sector, with foreign counsel Bill Sullivan, a prominent regulatory expert, having been instrumental in the development of the firm’s mining and natural resources practice. The team recently advised Agincourt Resources and Jilin Metal Indonesia. Christian Teo heads the team.

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Within Real estate, Christian Teo Purwono & Partners is a second tier firm,

Christian Teo Purwono & Partners advises on transactions and operations involving commercial buildings, hotels and resorts for both inbound and outbound investments. Name partner Christian Teo led advice to Hutchinson & Co Trust Company on the restructuring of its ownership, operations and time-share resorts, mainly in Bali.

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Within Restructuring and insolvency, Christian Teo Purwono & Partners is a third tier firm,

Christian Teo Purwono & Partners advises its corporate clients on restructuring and insolvency matters. Publicis Groupe recently instructed the group. Dini Purwono is a key contact.

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Further information on Christian Teo Purwono & Partners

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Offices in Jakarta

Legal Developments in Indonesia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Indonesia banking bill: proposed restrictions on foreign investment - July 2014

    Indonesia's House of Representatives is currently considering a new draft banking bill (the Banking Bill ) which, if passed into law in its current form, will:
  • Indonesia's New 2014 Insurance Law

    he House of Representatives ("DPR") recently passed the bill on Insurance. The provisions of the bill will come into force after the president assents to it or at any rate within 30 days of its passage at the DPR. The 2014 Insurance Law will replace Law No. 2 of 1992 on Insurance. Within Indonesia's legislative structure the Insurance Law regulates insurance businesses, core insurance concepts however are largely left to the Civil and Commercial Codes.
  • New Indonesian Copyright Law

    On 16 September 2014 the House of Representative revoked Law No. 19 of 2002 (" Old   Copyright Law ") with the Bill on Copyright, which will become law and receive a number upon the earliest of being signed by the President or 30 days (" New Copyright Law "). The New Copyright Law is an effort from the lawmakers to protect the economic and moral rights of creators and owners as the essential element in the development of national creativity.
  • Indonesia Under Review - July 2014

    Negative Investment List   
  • The 2014 Negative Investment List

    The Government has issued Presidential Regulation No. 39 of 2014 (PR 39/2014), which sets out the new negative investment list containing the business sectors that are closed or are partially open to foreign and domestic investment. The new negative investment list will replace the previous list under PR 36/2010, with a view of integrating Indonesia's economy to ASEAN, as well as accelerating development in the regions.
  • The Indonesian Election Process and Contributions to Political Parties and Campaigns

    Article 35 of Law No. 2 of 2008, as amended by No. 2 of 2011, on Political Parties ("Political Party Law") provides for contributions to political parties, Articles 94 to 96 of Law No. 42 of 2008 on Presidential and Vice Presidential Elections ("Presidential Elections Law") provides for contributions to political campaigns, and Law No. 8 of 2012 on the Election of the House of Representatives, the Regional Representative Council and Regional House of Representatives (the "Legislative Elections Law") provides for contributions to House of Representatives campaigns.
  • Indonesia Stock Exchange Revises Rule I-A on Share Listing Requirements

    PT Bursa Efek Indonesia has issued Decision of the Board of Directors of the Indonesia Stock Exchange No. Kep-00001/BEI/01-2014 on an amendment of Rule I-A (" Rule "), on 20 January 2014, coming into force on 30 January 2014, except as discussed below. The Rule sets out the IPO and subsequent share offerings requirements and procedures and listing fees. Notably the revised Rule sets out a free float policy and limits independent directors and commissioners to 2 successive terms.
  • Indonesia Implements Raw Mineral Export Restriction

    Indonesia's Government Regulation No. 1 of 2014 (" GR 1/2014 ") and Minister of Energy and Mineral Resources Regulation No. 1 of 2014  (" ESDM 1/2014 "), enacted on 11 January 2014, implement the ban on raw mineral exports legislated under Law No. 4 of 2009 on Mineral and Coal Mining (" Mining Law "). The two regulations are currently in force. However, the restriction is not in full effect as ESDM exempts 5 minerals from a higher standard of refinement for a period of three years, on the condition that the exporter owns sufficient reserves for eventual smelting and has a credible plan to construct a smelter or jointly process the ores.
  • Export Duty on Processed Metal Minerals

    The Minister of Finance has issued Regulation No. 6/PMK.011/2014, which imposes tax on the export of five mineral concentrates: copper, zinc, manganese, iron and lead. This tax reflects the Government's policy to discourage sales of impure minerals, as an implementation of Law No. 4 of 2009 on Mineral and Coal Mining, which requires processing and purification of minerals.
  • Indonesia Under Review - October 2013

    Legislative Developments