Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills > Jakarta, Indonesia > Firm Profile

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills > The Legal 500 Rankings

Indonesia > Antitrust and competition Tier 1

Counting multinational corporations, including Hitachi, Honda and Iron Mountain, to name a few, among its key roster of clients, Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills is well-placed to leverage Herbert Smith Freehills LLP’s international footprint to advise on the competition aspects of high-end M&A transactions. Noted for her expertise in the telecoms sector, Sakurayuki leads the team and acts for high-profile clients on merger control matters, while senior associate Randitya Adiguna advises clients across the hospitality, technology, media, and telecoms sectors on competition matters. Key work highlights include advising Kansai Electric on the competition aspects of a joint venture with Medco Power, as well as Elsewedy on the acquisition of shares in CG Power Systems.

Indonesia > Banking and finance Tier 1

The banking and finance team at Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills is led by Tjahjadi Bunjamin and Adrianus Adritomo, and leans on its global network for support on cross-border transactions, which it handles on a regular basis. Key areas of strength for the practice include financial services regulation, foreign investment, project finance and fintech matters. Bunjamin is a founding partner of the firm and acts for multinational financial institutions and leading domestic companies on cross-border financing transactions and capital markets matters. Adritomo is a key name for financing matters and deals with project financing, debt restructuring, bilateral, club or syndicated loans and acquisition financing among other areas.

Indonesia > Capital markets Tier 1

Hiswara Bunjamin & Tandjung in association with Herbert Smith Fr acts for foreign arrangers and underwriters on both onshore and offshore components of capital markets offerings and public M&A. The practice is well-placed to handle cross-border deals by virtue of the Herbert Smith Freehills international network and has strong relationships with domestic issuers, which it advises on IPOs and rights issues. The team is jointly led by David Dawborn, Tjahjadi Bunjamin and Viska Kharisma Fajarwati; Dawborn is well-versed in cross-border securities transactions, while Bunjamin acts for multinational financial institutions and leading domestic companies on capital markets and financing transactions; Fajarwati is active in the banking, fintech and manufacturing sectors.

Indonesia > Corporate and M&A Tier 1

The corporate team at Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills is well known in the market for handling high-profile and high-value cross-border M&A. Its transactional offering encompasses expertise in regulatory, joint ventures, acquisitions and disposals and financing, and the team has considerable experience in the telecoms, TMT, consumer products, manufacturing and energy and infrastructure sectors. The practice is headed by Santi Darmawan, David Dawborn, Vik Tang and Sakurayuki; Dawborn is recommended for M&A, capital markets, finance and projects matters; Tang handles cross-border transactions and private equity matters; and Sakurayuki is a name to note for investment and competition work. The team recently saw a number of changes, with Abimata Putra Sulistyo joining from Hadiputranto, Hadinoto & Partners, a member firm of Baker McKenzie in March 2022 and Irfan Ghazali joining from an in-house role at Sarana Menara Nusantara in May of the same year. Iril Hiswara retired and Teguh Arwiko left for Widyawan & Partners.

Indonesia > Dispute resolution Tier 1

‘First-class Indonesian firm’ Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills has an active disputes practice with the capacity to advise on domestic and international commercial arbitration, civil litigation, criminal and other corporate investigations, restructuring and insolvency, and contentious employment matters. The practice has recently been handling a number of debt restructuring mandates, including a large number relating to the Suspension of Debt Payment Obligations (PKPU). Debby Sulaiman heads the dispute resolution and restructuring, turnaround and insolvency practices and has considerable experience in cross-border disputes and distressed situations. Former practice co-head Narendra Adiyasa left for Widyawan & Partners in August 2022.

Indonesia > Foreign firms Tier 1

Herbert Smith Freehills LLP offers a seamless service to clients, with the corporate and disputes teams frequently collaborating with one another to handle complex mandates, combining ‘Indonesian law advice with international expertise’. Counting foreign corporations and financial institutions among its key roster of clients, the practice has demonstrable experience across the mining, oil and gas, TMT, financial services, consumer goods and real estate sectors. The team has grown significantly, with the additions of Rupert Baker from SoftBank Group and practice co-head Xavier Amadei from Baker McKenzie in February 2022, in addition to the partner promotions of Irina Akentjeva in May 2021 and Cellia Cognard in May 2022. Global deputy head Mark Robinson leads the TMT group, while Adrian Cheng spearheads the finance practice, advising borrowers and lenders on cross-border financings. Glynn Cooper heads the firm’s Southeast Asia energy, infrastructure and resources team, while Alastair Henderson leads the arbitration practice and Gitta Satryani, who ‘knows how to conclude a case effectively’, oversees the dispute resolution offering.

Indonesia > IT, Telecoms and Fintech Tier 1

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills handles a wide range of cutting-edge IT and telecoms matters in Indonesia and is noted for its transactional capability, from joint ventures, investments and outsourcings to issues concerning data privacy, cybersecurity and fintech. Clients of the practice include tech giants, fintech and telecoms companies, and global TMT companies, including Telkom, Grab Holdings and LinkAja. Sakurayuki, who has demonstrable experience advising on high-value M&A transactions and regulatory matters in the telecoms sector, jointly leads the team alongside, Vik Tang, who focuses on equity funding and foreign investment transactions, particularly in the fintech and TMT sectors, and is praised as a ‘great asset’ to the practice.

Indonesia > Labour and employment Tier 1

The ‘dedicated, committed and knowledgeable’ practice at Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills advises on a broad range of front-end matters, from employment contracts to employment litigation, in addition to preventative advice encompassing on-site training for managers and staff on internal employment regulations and whistle-blower policies. On account of its association with Herbert Smith Freehills LLP, the team is well-placed to collaborate with the firm’s offices globally on cross-border mandates, in addition to working with the M&A practice in handling the employment aspects of transactions. Santi Darmawan, who handles employment advisory work, solely leads the team following the departure of Narendra Adiyasa to Widyawan & Partners in August 2022. David Siagian, ‘who provides detailed and solid advice, whilst maintaining a commercial lens’, is another key contact in the team.

Indonesia > Projects and energy Tier 1

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills counts major domestic and international companies across the mining, oil and gas, power and infrastructure sectors among its key roster of clients. On account of its association with Herbert Smith Freehills LLP, the dedicated practice is well-placed to advise on cross-border project developments and financing matters, in addition to joint ventures. David Dawborn, who has demonstrable experience acting for leading mining companies on mineral projects in Indonesia, leads the team alongside Dhani Maulana Pattinggi and Matthew Goerke, both of whom handle M&As and project developments in the energy and natural resources sector. Key clients include Chevron, Petrochina, Pertamina and LG energy, among others.

Indonesia > Real estate Tier 1

Counting real estate funds, manufacturing companies, international hotel groups, multinational banks and financial institutions among its key roster of clients, Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills advises on the real estate aspects of M&As and restructurings, as well as investments and joint ventures. Vik Tang leads the practice and advises on cross-border M&As and private equity transactions in the real estate sector, while Teguh Arwiko  left the firm in May 2022 to Widyawan & Partners. Associate Astri Widita Kusumowidagdo is another key member of the team and focuses on real estate transactions.

Indonesia > Restructuring and insolvency Tier 1

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.