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 six-strong team at Hadiputranto, Hadinoto & Partners is led by chairman and managing partner Timur Sukirno. The practice claims an impressive stable of international banking clients, including Bank of China and DBS Singapore. Daniel Ginting recently represented HSBC across a series of transactions totalling US$228m, in addition to an instruction from Standard Chartered Bank (Hong Kong) on the financing of a power plant expansion. 'Inspiring confidence in local law matters’, partners Erwandi Hendarta and Indri Pramitaswari are recommended.
Capital markets
Within Capital markets, Baker & McKenzie is a first tier firm,
Offering 'credibility in Indonesia’s capital markets community’, Hadiputranto, Hadinoto & Partners’ team is headed by Tuti Dewi Hadinoto. A recent highlight saw the team, led by Rambun Tjajo and Tuti Hadiputranto, represent PT Citigroup Securities Indonesia as underwriters of the US$230m IPO of PT Ciputra Tbk and a listing of shares on the Jakarta Stock Exchange. The firm acts on a steady stream of rights issues for such Indonesia giants as PT Bakrie & Brothers Tbk and PT Bakrie Telecom Tbk, with values in excess of RP40tr.
Corporate and M&A
Within Corporate and M&A, Baker & McKenzie is a first tier firm,
Fielding a 'strong team’, Hadiputranto, Hadinoto & Partners has seen an increase in M&A and transactional activity over the past year. Foreign legal consultant Mark Innis acted for Maxis Communications Berhad on the US$600m restructuring of, and investment in, PT Natrindo Telepon Selular. Tuti Hadiputranto and Rambun Tjajo are recommended for their work on Emirates Telecommunications’ partial acquisition of PT Excelcomindo Pratama Tbk, while Tuti Dewi Hadinto advised Industrial and Commercial Bank of China on its acquisition of Bank Halim Indonesia - its first outside of China.
Dispute resolution
Within Dispute resolution, Baker & McKenzie is a second tier firm,
Providing a 'good-quality service’, Timur Sukirno heads the team at Hadiputranto, Hadinoto & Partners, which clients praise for its 'well-planned, thought-out strategies and arguments’. High-profile instructions include representing Singapore Telecommunications in an antimonopoly case brought by the Business Competition Supervisory Commission. The firm also receives regular instructions from local clients.
Employment
Within Employment, Baker & McKenzie is a first tier firm,
Advising an assortment of local and international clients, Hadiputranto, Hadinoto & Partners is well placed to advise on a diverse range of labour-related issues including data privacy, transfer of employees and union matters. Nia Sujani leads the team that clients would 'recommend to colleagues looking for legal help in Indonesia’, and in which clients 'have the utmost confidence’. PT Energizer Indonesia recently instructed the firm to advise on the termination of, and termination entitlements for, employees.
Foreign firms
Within Foreign firms
IP
Within IP, Baker & McKenzie is a first tier firm,
Commended for advice that is 'legally solid as well as practical from a business standpoint’, Hadiputranto, Hadinoto & Partners retains its top-tier ranking. The team currently manages Warner Bros Entertainment’s entire trade mark portfolio in Indonesia, while recent work for DC Comics included the opposition of trade mark applications for use of brand names Superman, Batman and Supergirl. New partner Daru Lukiantono and Erna Kusoy display a 'depth of knowledge and experience’, and head the team. Other clients of note include Cisco Systems and Unilever, for which the firm manages the Indonesian portfolio.
Indonesia overview
Projects and energy
Within Projects and energy, Baker & McKenzie is a first tier firm,
Demonstrating 'good industry knowledge’ Hadiputranto, Hadinoto & Partners and foreign legal consultant Luke Devine recently represented a consortium comprising Medco Powerm Ormat and Itochu in the development and financing of a 310MW geothermal power project in North Sumatra. With a value of US$600m, this is the largest single-contract geothermal project to date in the geothermal industry worldwide. Outside the power sector, the firm worked on a US$555m, 116km toll-road turnpike financing for PT Bank Central Asia Tbk and PT Bank Mandiri Tbk. Clients confirm that the practice has 'the expertise that our company needs’.
Real estate
Within Real estate, Baker & McKenzie is a first tier firm,
Clients applaud Hadiputranto, Hadinoto & Partners’ 'credibility in the Indonesian market’ and its 'standard of professionalism’. Harun Reksodiputro is recommended for providing advice to Kingdom Hotel Investments on its US$48m acquisition of shares in the parent company of the Four Seasons Jakarta, as is Mita Djajadiredja for her work on the foreign-investor acquisition of several domestic property developers. The team continues to advise on issues relating to the REIT market. Other notable clients include PT Citigtoup Securities Indonesia.
Restructuring and insolvency
Within Restructuring and insolvency, Baker & McKenzie is a first tier firm,
Hadiputranto, Hadinoto & Partners draws upon the expertise of its banking and finance, capital markets and M&A practices to offer strong real estate credentials, where clients state that its 'response times are excellent’. Lawyers from the dispute resolution team are adept at handling bankruptcy and suspension of payment proceedings, and Mark Innis recently acted for Maxis Communications Berhad on the US$600m restructuring of, and investment in, PT Natrindo Telepon Selular. Timur Sukirno is the main contact.
Tax
Within Tax, Baker & McKenzie is a first tier firm,
Demonstrating a strong focus on trade-related matters and offering 'value for money’, the team at Hadiputranto, Hadinoto & Partners is headed by Wimbanu Widyatmoko and continues to advise on Indonesian tax and international tax planning. The firm has represented several large foreign entities, including a major US-based oil and gas supporting services company and a US-based agricultural company on tax appeal cases and on issues arising from local and global mergers. Clients include Chinese Wuhan Iron and Steel and Hubei Xingfa. Mochamad Fachri was made up to partner in July 2008.
What we say worldwide
Please choose another Baker & McKenzie office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.
Australia
Offices in Sydney and Melbourne
- Banking and finance : Banking and finance
- Capital markets: debt : Capital markets: debt
- Capital markets: equity : Capital markets: equity
- Competition and trade : Competition and trade
- Construction : Construction
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- Employment : Employment
- Energy and resources : Energy and resources
- Intellectual property : Intellectual property
- Projects and infrastructure : Projects and infrastructure
- Real estate : Real estate
- Restructuring and insolvency : Restructuring and insolvency
- TMT : TMT
- Tax : Tax
- Foreign firms : Foreign firms
Austria
Offices in Vienna
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Central and Eastern Europe : Central and Eastern Europe
- Corporate and M&A : Corporate and M&A
- Dispute Resolution : Dispute Resolution
- Employment : Employment
- Tax : Tax
- Legal Market : Legal Market
Azerbaijan
Offices in Baku
Belgium
Offices in Brussels, Antwerp, and Brussels
- Aviation : Aviation
- Banking, finance and capital markets : Banking, finance and capital markets
- Competition : Competition
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- Environment : Environment
- Information technology : Information technology
- Intellectual property : Intellectual property
- Labour and employment : Labour and employment
- Real estate : Real estate
- Tax : Tax
- EU regulatory Environment (including WEEE and RoHS) : EU regulatory Environment (including WEEE and RoHS)
Bahrain
Offices in Manama
- Banking and finance : Banking and finance
- Islamic finance : Islamic finance
- Project finance : Project finance
- Legal market : Legal market
Bangladesh
China
Offices in Beijing and Shanghai
- Foreign firms : Banking and finance
- Foreign firms : Capital markets
- Foreign firms : Corporate and M&A
- Foreign firms : Dispute resolution
- Foreign firms : Employment
- Foreign firms : Intellectual property
- Foreign firms : Projects and energy
- Foreign firms : Real estate
- Foreign firms : TMT
- Foreign firms : Tax
- Foreign firms : WTO/international trade
- China overview : Legal market overview
Czech Republic
Offices in Prague
- Banking, finance and capital markets : Banking, finance and capital markets
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- Real estate and construction : Real estate and construction
- TMT : TMT
- Tax : Tax
Germany
Offices in Berlin, Frankfurt, Dusseldorf, and Munich
- Antitrust : Antitrust
- Banking and finance Bank lending : Banking and finance Bank lending
- Capital markets : Capital markets
- Corporate and M&A Mid-sized deals : Corporate and M&A Mid-sized deals
- Dispute resolution : Dispute resolution
- Employment : Employment
- Information technology and outsourcing : Information technology and outsourcing
- IP: trade marks : IP: trade marks
- Private equity : Private equity
- Public sector : Public sector
- Real estate and construction Real estate : Real estate and construction Real estate
- Structured finance and securitisation : Structured finance and securitisation
- Tax : Tax
- Telecoms : Telecoms
Egypt
Offices in Cairo
- Banking and finance : Banking and finance
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- Oil and gas : Oil and gas
- Privatisation : Privatisation
- Projects and infrastructure : Projects and infrastructure
- Telecoms : Telecoms
- Legal market : Legal market
Spain
Offices in Madrid and Barcelona
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- EU and competition : EU and competition
- Employment : Employment
- Environment : Environment
- Intellectual property : Intellectual property
- Project finance : Project finance
- Real estate : Real estate
- Tax : Tax
- Legal market : Legal market
France
Offices in Paris
- Administrative and public law : Administrative and public law
- EU competition and distribution : EU competition and distribution
- Employment : Employment
- Health and life sciences : Health and life sciences
- IT, telecoms and the internet : IT, telecoms and the internet
- Intellectual property: Full-service firms : Intellectual property: Full-service firms
- Media and entertainment: Full-service firms : Media and entertainment: Full-service firms
- Mergers and acquisitions : Mergers and acquisitions
- Real estate : Real estate
- Tax : Tax
Ghana
Hong Kong
Offices in Hong Kong
- Asset finance : Asset finance: aircraft finance
- Banking and finance : Banking and finance
- Capital markets : Capital markets (debt and equity)
- Construction : Construction
- Corporate (including M&A) : Corporate (including M&A)
- Dispute resolution : Dispute resolution
- Employment : Employment
- Insurance : Insurance
- Intellectual property : Intellectual property
- Investment funds : Investment funds
- Private equity : Private equity
- Projects and energy : Projects and energy
- Real estate : Real estate
- Regulatory : Regulatory
- Restructuring and insolvency : Restructuring and insolvency
- Structured finance and securitisation : Structured finance and securitisation
- TMT : TMT
- Tax and trusts : Tax and trusts
Hungary
Offices in Budapest
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Competition : Competition
- Dispute resolution : Dispute resolution
- Energy : Energy
- Intellectual property : Intellectual property
- Mergers and acquisitions : Mergers and acquisitions
- Project finance : Project finance
- Real estate : Real estate
- TMT : TMT
- Tax : Tax
- Legal market : Legal market
Indonesia
Offices in Jakarta
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- Employment : Employment
- IP : IP
- Projects and energy : Projects and energy
- Real estate : Real estate
- Restructuring and insolvency : Restructuring and insolvency
- Tax : Tax
India
Italy
Offices in Rome, Milan, and Bologna
- Banking and finance : Banking and finance
- Capital markets Equity : Capital markets Equity
- Corporate and M&A Milan and Rome : Corporate and M&A Milan and Rome
- Dispute resolution : Dispute resolution
- EU, regulatory and competition : EU, regulatory and competition
- Employment : Employment
- Intellectual property : Intellectual property
- Real estate : Real estate
- TMT : TMT
- Tax : Tax
- Bologna Leading firms : Bologna Leading firms
- Legal market : Legal market
Japan
Offices in Tokyo
- Banking and finance : Banking and finance International firms and joint ventures
- Capital markets : Capital markets International firms and joint ventures
- Corporate and M&A : Corporate and M&A International firms and joint ventures
- Dispute resolution : Dispute resolution International firms and joint ventures
- Intellectual property : Intellectual property International firms and joint ventures
- Projects and energy : Projects and energy International firms and joint ventures
- Real estate and construction : Real estate and construction International firms and joint ventures
- Structured finance/ securitisation : Strucured finance/ securitisation International firms and joint ventures
- Tax : Tax International firms and joint ventures
- Japan overview : Legal market overview
Kuwait
Kazakhstan
Offices in Almaty
London
- Corporate and commercial : Corporate tax
- Corporate and commercial : Customs & Excise
- Corporate and commercial : EU and competition
- Corporate and commercial : Equity Capital Markets: UK capability
- Corporate and commercial : Equity Capital Markets: US capability
- Corporate and commercial : Financial services
- Corporate and commercial : Mergers and acquisitions: Upper mid-market and Premium deals, £250m+
- Corporate and commercial : M&A: US law capability
- Corporate and commercial : Private equity
- Corporate and commercial : VAT and indirect tax
- Crime, fraud and licensing : Fraud: commercial and regulatory investigations
- Dispute resolution : Arbitration
- Dispute resolution : Banking litigation
- Dispute resolution : Commercial litigation
- Dispute resolution : Professional discipline
- Finance : Acquisition finance
- Finance : Bank lending - investment grade debt and syndicated loans
- Finance : Corporate restructuring and insolvency
- Finance : Debt capital markets
- Finance : Derivatives and structured products
- Finance : High yield
- Finance : Islamic finance
- Finance : Securitisation
- Human resources : Employee share schemes
- Human resources : Employment
- Human resources : Immigration
- Human resources : Pensions (including pensions dispute resolution)
- Insurance : Insurance and reinsurance litigation
- Insurance : Product liability: defendant
- Private client : Contentious trusts and probate
- Private client : Personal tax, trusts and probate
- Projects, energy and natural resources : Electricity, nuclear and renewables
- Projects, energy and natural resources : Project finance
- Public sector : Administrative and public law
- Real estate : Commercial property
- Real estate : Construction
- Real estate : Environment
- TMT (technology media and telecoms) : Brand management
- TMT (technology media and telecoms) : IT and telecoms
- TMT (technology media and telecoms) : Intellectual property
- TMT (technology media and telecoms) : Media and entertainment
- TMT (technology media and telecoms) : Pharmaceuticals and biotechnology
Libya
Malaysia
Offices in Kuala Lumpur
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Corporate and M&A : Corporate and M&A
- IT and telecoms : IT and telecoms
- Intellectual property : Intellectual property
- Projects and energy : Projects and energy
- Tax : Tax
- Malaysia overview : Legal market overview
Netherlands
Offices in Amsterdam
- Asset finance and structured finance : Asset finance and structured finance
- Banking and finance : Banking and finance
- Corporate and M&A : Corporate and M&A
- Employment : Employment
- Mediation : Mediation
- Project finance and PFI : Project finance and PFI
- Tax : Tax
UK Overview
Philippines
Offices in Makati
- Aviation : Aviation
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- Employment : Employment
- Immigration : Immigration
- Intellectual property : Intellectual property
- Projects and energy : Projects and energy
- Real estate and construction : Real estate and construction
- Tax : Tax
- Foreign firms : Foreign firms
- Philippines overview : Legal market overview
Pakistan
Poland
Offices in Warsaw
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Competition/antitrust : Competition/antitrust
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- Employment : Employment
- Intellectual property : Intellectual property
- Projects, energy and natural resources : Projects, energy and natural resources
- Real estate : Real estate
- Tax : Tax
Qatar
Russia
Offices in Moscow and St Petersburg
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Corporate and M&A Moscow : Corporate and M&A Moscow
- Corporate and M&A St Petersburg : Corporate and M&A St Petersburg
- Dispute resolution : Dispute resolution
- Employment : Employment
- Energy and natural resources : Energy and natural resources
- Real estate : Real estate
- TMT : TMT
- Tax : Tax
- Legal market : Legal market
Sweden
Offices in Stockholm
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Construction : Construction
- Corporate and commercial : Corporate and commercial
- Dispute resolution : Dispute resolution
- EU and competition : EU and competition
- Employment : Employment
- Environment : Environment
- IT and telecoms : IT and telecoms
- Insurance : Insurance
- Intellectual property and media : Intellectual property and media
- Mergers and acquisitions : Mergers and acquisitions
- Real estate : Real estate
- Shipping : Shipping
- Tax : Tax
- Legal market : Legal market
Singapore
Offices in Singapore
- Joint law ventures : Joint law ventures
- International arbitration : International arbitration
- Banking and finance Foreign firms : Banking and finance Foreign firms
- Capital markets Foreign firms : Capital markets Foreign firms
- Corporate and M&A Foreign firms : Corporate and M&A Foreign firms
- Projects and energy Foreign firms : Projects and energy Foreign firms
- Restructuring and insolvency Foreign firms : Restructuring and insolvency Foreign firms
South Korea
Saudi Arabia
Offices in Riyadh
- Banking and finance : Banking and finance
- Corporate and M&A : Corporate and M&A
- Projects and energy : Projects and energy
- Legal market : Legal market
Switzerland
- Banking and finance Geneva : Banking and finance Geneva
- Banking and finance Zurich : Banking and finance Zurich
- Capital markets : Capital markets
- Dispute resolution : Dispute resolution
- EU, competition and WTO : EU, competition and WTO
- Insolvency and corporate recovery : Insolvency and corporate recovery
- Intellectual property : Intellectual property
- Mergers and acquisitions : Mergers and acquisitions
- Private banking : Private banking
- Real estate and construction : Real estate and construction
- TMT : TMT
- Tax : Tax
- Zurich - Leading firms : Zurich - Leading firms
- Legal market : Legal market
Taiwan
Offices in Taipei
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- Employment : Employment
- Insurance : Insurance
- Intellectual property : Intellectual property
- Projects and energy : Projects and energy
- Real estate and construction : Real estate and construction
- Shipping : Shipping
- TMT : TMT
- Tax : Tax
- Taiwan overview : Legal market overview
Thailand
Offices in Bangkok
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- Intellectual property : Intellectual property
- Projects and energy : Projects and energy
- Real estate and construction : Real estate and construction
- Restructuring and insolvency : Restructuring and insolvency
- TMT : TMT
- Tax : Tax
- Thailand overview : Legal market overview
Ukraine
Offices in Kiev
- Banking, finance and capital markets : Banking, finance and capital markets
- Corporate and M&A : Corporate and M&A
- Intellectual property : Intellectual property
- Real estate and construction : Real estate and construction
- Tax : Tax
US
Offices in Washington DC, Palo Alto, New York, Miami, Dallas, Chicago, San Diego, San Francisco, and Houston
- Finance : Bank lending: Midwest
- Finance : Project finance
- Finance : Structured finance: derivatives and structured products
- Finance : Structured finance - securitization
- Intellectual property : Trademarks: non-contentious - specialist advice
- Media, technology and telecoms : Technology - data protection and privacy
- Media, technology and telecoms : Technology - outsourcing
- Media, technology and telecoms : Technology - transactions
- Mergers, acquisitions and buyouts : M&A: national firms - large deals
- Real estate and construction : Illinois
- Tax : Domestic tax: West Coast
- Tax : Tax controversy
Vietnam
Offices in Hanoi and Ho Chi Minh City
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- Insurance : Insurance
- Intellectual property : Intellectual property
- Projects and energy : Projects and energy
- Real estate and construction : Real estate and construction
- TMT : TMT
- Tax : Tax
- Vietnam overview : Legal market overview
Legal Developments in Indonesia
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QUORUM DETERMINATION TO BREAK THROUGH GMOS DEADLOCK
In a General Shareholder Meeting (" GMOS "), we often discover that a quorum is unattainable due to the absence of shareholders even though the shareholders have been officially summoned to attend the GMOS. The absence of shareholders may result from a disagreement over the agenda of the GMOS. In such event, the Board of Directors or the Board of Commissioners may issue the summons for the second GMOS. Furthermore, if the second GMOS quorum is still unattainable, according to Law No. 40 Year 2007 regarding Limited Liability Company (" UUPT "), the company may request that the Head of the District Court, who has jurisdiction over the company's domicile, determine the quorum for the third GMOS. The UUPT regulates this matter in order to avoid a deadlock in making decisions, which may hamper the company's business activities. -
NO MAN SHALL BE A JUDGE ON HIS OWN CAUSE
The problem of due process of law often comes up in an investigation process, especially in evaluating the treatment of a person who is being investigated by law enforcers, i.e. the police, the prosecutor or the judge. -
COLLECTIVE RESPONSIBILITY OF A COMPANY’S BOARD OF DIRECTORS
In a company, the Director or the Board of Directors plays a very important role in managing the company's daily activities, which could result in two possibilities, the growth or the loss of the company. In order to achieve such goals, the Director or the Board of Directors needs to have sufficient knowledge in order to manage and develop the Company because as a professional, the Director is granted valuable powers, by the law or by the Articles of Association of the Company.