The Legal 500

Hadiputranto, Hadinoto & Partners

What we say about the firm's legal practice in Indonesia

Banking and finance

Within Banking and finance , Baker & McKenzie is a first tier firm,

The ‘very knowledgeable and prompt’ Hadiputranto, Hadinoto & Partners represented the eight mandated lead arrangers, including ABN AMRO and Standard Chartered, on a $460m senior facility agreement. It also advised Semen Gresik (Persero) as the borrower in a Rp3.5tn loan agreement with a number of local banks. Recommended partners Indri Pramitaswari, Guritno Erwandi Hendarta and Daniel Ginting make up a team that clients assert is ‘one of the finest in the country’.

Capital markets

Within Capital markets , Baker & McKenzie is a first tier firm,

Hadiputranto, Hadinoto & Partners receives solid praise and endorsements from the market. 2008 saw the practice advising Barclays Capital, HSBC and Standard Chartered Bank as joint lead managers in the Republic of Indonesia’s $650m sukuk - the first ever issued by the country. Other highlights include advising United Tractors on its Rp3.56tn Rights Issue III, listed on the Indonesia Stock Exchange. Practice head Tuti Dewi Hadinoto is ‘a real heavyweight’ who has ‘comprehensive expertise’.

Corporate and M&A

Within Corporate and M&A , Baker & McKenzie is a first tier firm,

Hadiputranto, Hadinoto & Partners was active on numerous impressive banking M&A mandates throughout the past year. Led by Tuti Hadiputranto the team advised Bank Niaga in its merger with Bank Lippo. Tuti Dewi Hadinoto and Mita Djajadiredja received plaudits for their advice to HSBC on its acquisition, through its wholly-owned subsidiary HSBC Asia Pacific Holdings (UK) Limited, of an 88.89 per cent share of Bank Ekonomi Raharja (Bank Ekonomi).

Dispute resolution

Within Dispute resolution , Baker & McKenzie is a second tier firm,

Clients value Hadiputranto, Hadinoto & Partners‘exposure to cross-border transactions and understanding of foreign client expectations’. Praised for his ‘great insight into the workings of the legal system’ and ‘valuable advice’, Timur Sukirno leads a practice that ‘understands the market’ and has acted for clients in bankruptcy and suspension of payment proceedings against debtors in both Commercial and Supreme Court hearings. Instructions on domestic and international arbitrations are commonplace.

Employment

Within Employment , Baker & McKenzie is a first tier firm,

Clients praise the ‘response time, appropriateness of advice, and strength and depth of the team’ at Hadiputranto, Hadinoto & Partners. Foreign legal consultant Mark Innis heads the offering that advises clients on terminations, expatriate workers, board level matters and the renewal of company regulations and collective agreements. Clients include UBS Securities and Schering Plough.

Foreign firms

IP

Within IP, Baker & McKenzie is a first tier firm,

Clients have the ‘utmost confidence’ in Hadiputranto, Hadinoto & Partners and state that they ‘recommend the practice to those looking for advice in Indonesia’. Headed by Daru Lukiantono, the practice recently acted for a major producer of audio equipment in a successful cancellation action, as well as being instructed by one of the world’s largest science-based product and services companies. The practice continues to manage Warner Bros Entertainment’s entire trade mark portfolio in Indonesia, while it has also recently handled work for DC Comics.

Indonesia overview

Projects and energy

Within Projects and energy , Baker & McKenzie is a first tier firm,

Hadiputranto, Hadinoto & Partners parades a team of ‘strong lawyers’ that continues to win praise from clients and peers alike. Notable instructions include advising PLN (Persero), the State-owned power utility and the Government of Indonesia, on the continuing finance arrangements for all projects in relation to the 10,000MW Fast Track program. In addition, it represented Pertamina (Persero)/Pertamina Energy Services in relation to the establishment of a downstream LNG company. Daniel Ginting is ‘well regarded’; Norman Bissett delivers ‘good, sound, practical advice’; and Luke Devine is ‘always popping up on power sector deals’.

Real estate

Within Real estate , Baker & McKenzie is a first tier firm,

Under the leadership of Mita Djajadiredja and Harun Reksodiputro, highlights for Hadiputranto, Hadinoto & Partners include acting for an international department store chain on its proposed expansion in Jakarta and Surabaya. The practice also acted for the property vendor in a proposed REIT to be registered on the Singapore Stock Exchange. Notably, this was the second REIT involving Indonesian properties ever to have taken place. Regularly instructed on the finance side, clients include Standard Chartered and UOB Asia.

Restructuring and insolvency

Within Restructuring and insolvency , Baker & McKenzie is a first tier firm,

Often leveraging off the expertise of the banking and finance, capital markets and M&A teams, Hadiputranto, Hadinoto & Partners delivers a well-balanced and well-respected service. Much of the practice’s recent restructuring work has grown out of banking and M&A deals. Notably it acted for Bank Niaga on its merger with Bank Lippo, and for Bank Rabobank International on the merger its three Indonesian subsidiaries. Managing partner Timur Sukirno is ‘particularly good’.

Tax

Within Tax, Baker & McKenzie is a first tier firm,

Comprising of ‘lawyers with comprehensive expertise’, Hadiputranto, Hadinoto & Partners’ practice covers a wide range of domestic corporate tax and international tax planning mandates. The practice also represents clients involved in high-profile tax disputes. Recommended partners Wimbanu Widyatmoko and Mochamad Fachri are supported by tax consultant Ria Muhariastuti.


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