The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Assegaf Hamzah & Partners

CAPITAL PLACE, LEVEL 36 & 37, JALAN JENDERAL GATOT SUBROTO KAV. 18, JAKARTA 12710, INDONESIA
Tel:
Work +62 21 2555 7800
Fax:
Fax +62 21 2555 7899
Email:
Web:
www.ahp.co.id
Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, Manila and 5 more

Indonesia

Aviation
Aviation - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has significant expertise in aviation-related financing and disputes, and clients include Indonesia AirAsia Extra, Garuda Indonesia and Garmin. Eri Hertiawan defended Indonesia AirAsia Extra in a tort action brought by passengers seeking damages for being prevented from boarding one of its flights due to one of them being on Air Asia’s blacklist. He also represented Garuda against Musita in a contract breach dispute. Ibrahim Assegaf has expertise in aircraft leasing.

[back to top]

Banking and finance
Banking and finance - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has broad capabilities in banking and finance, including structured finance, project finance and trade finance. Ahmad Fikri Assegaf heads the practice and recently advised Indonesia Infrastructure Finance on infrastructure financing through a two-step loan with the World Bank and Sarana Multi Infrastruktur (Persero). Ibrahim Assegaf acted for state-backed Penjaminan Infrastruktur Indonesia (PII) in relation to the Palapa Ring project and the PII and government guarantees to be provided. Yanu Wiriasmoko advised Bank CIMB Niaga on a loan to Net Mediatama Televisi. Kanya Satwika is an expert in finance in the energy and mining sectors.

Leading individuals

Ahmad Fikri Assegaf - Assegaf Hamzah & Partners

[back to top]

Capital markets
Capital markets - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has a strong track record in equity and debt issuances in Indonesia, and clients include Bank Mandiri and Telkom. Practice head Bono Adji recently advised Credit Suisse on the issuance of senior notes by Japfa Comfeed, and also acted for MedcoEnergi regarding its shelf offering. Ahmad Fikri Assegaf acted for Credit Suisse in the issuance of senior notes, and assisted Sritex with unconditional and irrevocable guarantees given by the client and subsidiary Sinar Pantja Djaja. Senior associate Mohammad Renaldi Zulkarnain is also heavily involved in corporate finance transactions.

Leading individuals

Ahmad Fikri Assegaf - Assegaf Hamzah & Partners

Bono Daru Adji - Assegaf Hamzah & Partners

Next generation lawyers

Mohammad Renaldi Zulkarnain - Assegaf Hamzah & Partners

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners’ broad practice covers a range of different sectors, including energy, natural resources, TMT and retail. Eko Basyuni heads the practice and has significant expertise in TMT matters. Banking and finance expert Ahmad Fikri Assegaf advised Warburg Pincus, who led the single round of fundraising of GO-JEK, and advised Holcim Indonesia on its acquisition of the entire share capital of Lafarge Cement Indonesia and on post-acquisition restructuring. Transactional expert Valerie Ngooi Ming Hui is qualified in Malaysian law. Zacky Husein has a strong track record in TMT transactions. Tunggul Purusa Utomo is also a key figure and provides ‘clear and reliable advice’.

Leading individuals

Ahmad Fikri Assegaf - Assegaf Hamzah & Partners

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has expertise in civil and commercial litigation, including ADR. Practice co-head Chandra Hamzah recently defended Coca-Cola Bottling Indonesia on charges of causing pollution and extracting groundwater without a permit, and advised Indosat on a dispute with the Ministry of Communication and Informatics regarding alleged unpaid spectrum frequency usage charges. Co-head Eri Hertiawan worked on a complex inheritance dispute regarding the estate of Agus Nursalim. Ahmad Maulana has a strong track record in employment disputes, but also recently represented OPIC in a tort claim.

[back to top]

IT and telecoms
IT and telecoms - ranked: tier 1

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has significant expertise in technology and telecoms-related transactions. Zacky Husein heads the practice, and Bono Adji is also a key figure.

[back to top]

Intellectual property
Intellectual property - ranked: tier 4

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has expertise in contentious and non-contentious matters, and works for clients including Indosat and Bank Mandiri. Chandra Hamzah heads the practice and recently represented Facebook in online copyright data protection matters. He advised Les’ Copaque and Seven Days Hotel on respective trade mark registrations.

[back to top]

Labour and employment
Labour and employment - ranked: tier 2

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners’ disputes practice is heavily involved in employment matters. Ahmad Maulana heads the practice and recently represented Ascendas Land Indonesia in an employment termination dispute.

[back to top]

Projects and energy
Projects and energy - ranked: tier 2

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has a strong track record in high-profile infrastructure and energy projects. Practice head Kanya Satwika was recently involved in two major hydroelectric power projects, one where she represented Korea Export-Import Bank, and another representing several Asian banks. She also acted for a consortium in the acquisition of Chevron’s geothermal business in Indonesia and the Philippines. Ahmad Fikri Assegaf worked with MRT Jakarta on the development of the Jakarta underground railway system. Ibrahim Assegaf represented Penjaminan Infrastruktur Indonesia in the Palapa Ring project, which involves a nationwide fibre optic cable network.

[back to top]

Real estate
REAL ESTATE - ranked: tier 2

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has significant expertise in foreign direct investment in real estate. Yogi Marsono heads the practice and recently assisted Facebook Singapore and Vivo Indonesia with office space in Jakarta’s central business district.

[back to top]

Restructuring and insolvency
Restructuring and insolvency - ranked: tier 2

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners’ restructuring practice is made up of disputes and banking specialists. The firm recently assisted Biltube Indonesia with applying for voluntary bankruptcy. Disputes specialist Ahmad Maulana advised HMS Bergbau Indonesia on a coal sale and purchase agreement with Kasih. Banking and finance specialist Ibrahim Assegaf acted for Raiffeisen Bank International AG regarding debt owed by Trimega Utama Corporindo, and filed a personal bankruptcy petition against its ultimate shareholder who provided a guarantee for the debt under a loan agreement.

[back to top]

Shipping
Shipping - ranked: tier 2

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has expertise in ship financing, marine casualties and collisions, cargo claims and securitisation. Eri Hertiawan represented the crew members in the Bali ferry explosion case, where two people were killed.

[back to top]

Tax
Tax - ranked: tier 3

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners has significant experience in tax matters. Practice head Wibowo Mukti previously worked for the Indonesian Revenue Service and PwC Jakarta. Muslimin Damanhuri is deputy head of the practice and has ‘a very good knowledge of tax’ and ‘an excellent relationship with local tax authorities’.

[back to top]


Further information on Rajah & Tann Singapore LLP

Please choose from this list to view details of what we say about Rajah & Tann Singapore LLP in other jurisdictions.

Cambodia

Offices in Phnom Penh

Indonesia

Offices in Surabaya and Jakarta

Laos

Offices in Vientaine

Myanmar

Offices in Yangon

Malaysia

Offices in Kuala Lumpur

Philippines

Offices in Manila

Asia Pacific: Regional international arbitration

Singapore

Offices in Singapore

Thailand

Offices in Bangkok

Vietnam

Offices in Ho Chi Minh City and Hanoi

Legal Developments in Indonesia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Public Private Partnerships Under the 2015 Presidential Regulation

    The President’s Office has issued Presidential Regulation No. 38 of 2015 on the Cooperation Between the Government and Business Entities in the Provision of Infrastructure (“PR No. 38/2015”). PR No. 38/2015 replaces the previous Presidential Regulation on the same issue, Presidential Regulation No. 67 of 2005 as last amended by Presidential Regulation No. 66 of 2013.
  • Bank Indonesia's Regulation on the Mandatory Use of Rupiah

    Indonesia’s monetary authority, Bank Indonesia, has issued regulation No. 17/3/PBI/2015 on the Requirement to Use Rupiah Within the Territory of the Republic of Indonesia (the “BI Regulation”). The BI Regulation serves as an implementing regulation to Law No. 7 of 2011 on Currency (the “Currency Law”). Bank Indonesia issued the regulation with a view of easing the pressure on the declining rupiah.
  • 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.