ABNR Counsellors at Law has demonstrable experience advising on high-end debt restructurings in the oil and gas, aviation, shipping and financial services sectors. The ongoing restructuring of PT Garuda Indonesia has dominated the practice's workload, acting simultaneously for the majority of the lenders and over 500 creditors, in addition to its advice on the $4.5bn debt restructuring of Bumi Resources. Emir Nurmansyah, who advises on restructuring and insolvency matters in the shipping and aviation sectors, spearheads the team, with the support of foreign counsel Theodoor Bakker and Kevin Sidharta.

Assegaf Hamzah & Partners advises on a broad range of matters concerning debt restructurings and bankruptcy proceedings, as well as representing creditors and domestic companies in insolvency cases. The team frequently leverages the expertise of other departments in the firm and is well-placed, as part of the Rajah & Tann Singapore LLP network, to handle cross-border mandates. Ibrahim Sjarief Assegaf acts for domestic and international financial institutions on debt restructurings, while seasoned litigator Eri Hertiawan focuses on bankruptcy cases and insolvency litigation. Assegaf and Hertiawan lead the team alongside Chandra Hamzah.

Counting Nordic Aviation Capital, Avenue Capital Group and Credit Suisse among its key roster of clients, Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills handles informal financial restructurings and work outs, court-supervised debt restructurings, as well as bankruptcy proceedings and insolvency litigation. The team works across various industry sectors, including construction, energy, oil and gas, mining, aviation, shipping, infrastructure, real estate, financial services and TMT. Debby Sulaiman, who acts for banks and other financial institutions on bankruptcy and debt restructuring matters, jointly leads the practice alongside financing expert Tjahjadi Bunjamin. Senior associate Roni Heilig Marpaung, who advises on corporate restructurings, turnaround and insolvency mandates, is another key contact in the group.

Noted for its track record in debt restructurings, SSEK Law Firm frequently collaborates with the firm’s M&A practice to advise on the restructuring of Indonesian entities, in relation to acquisitions made by multinational companies. Michael S. Carl jointly leads the team alongside Dewi Savitri Reni, both of whom have demonstrable experience in debt structurings, while Denny Rahmansyah is another key member of the group. Key sectors of expertise include the oil and gas, automotive, shipping, and food and beverage industries.

Led by senior partner Rahayu Ningsih Hoed, the team at Makarim & Taira S. acts for multinational financial institutions on insurance liability issues, in addition to advising foreign banks on bankruptcy proceedings and restructuring matters concerning Indonesian companies. On account of its alliances with Drew & Napier LLC in Singapore, and Shearn Delamore & Co in Malaysia, the practice is well-placed to manage cross-border instructions. Managing partner Lia Alizia represents clients in bankruptcy cases, while foreign consultant Hilton King advises on restructurings matters in the mining sector.