Walalangi & Partners in association with Nishimura & Asahi > Jakarta, Indonesia > Firm Profile

Walalangi & Partners in association with Nishimura & Asahi Offices

Walalangi & Partners in association with Nishimura & Asahi
19TH FLOOR, PACIFIC CENTURY PLACE
JALAN JENDERAL SUDIRMAN
JAKARTA
12190
Indonesia
Visit website +62 21 5080 8600

Walalangi & Partners in association with Nishimura & Asahi > The Legal 500 Rankings

Indonesia > Antitrust and competition Tier 1

Walalangi & Partners in association with Nishimura & Asahi advises its client roster on various antitrust issues, including the compliance aspects of commercial agreements, encompassing cartels, dominant positions, exchange of information, pricing policies, business integration, and rebates and territorial division analysis. Led by Miriam Andreta, the team acted for Mitsubishi Lease & Finance Company Limited on the Indonesian merger control aspects of its $2.8bn with Hitachi Capital Corporation. Founding partner Luky Walalangi, who advises on merger control issues and anti-dumping investigations, is another key member of the practice, alongside associates Rainer Faustine Jonathan and Putri Bening Larasati.

Practice head(s):

Miriam Andreta

Other key lawyers:

Luky Walalangi; Rainer Faustine Jonathan; Putri Bening Larasati

Key clients

Cool Japan Fund

DeClout

Denso Corporation

Dhost Telekomunikasi Nusantara, PT

Diamond Development Indonesia, PT

Essex Bio – Technology Limited

Family Mart Co., Ltd

GS Yuasa Corporation

Haseko Corporation

Hitachi Transport System, Ltd

Hokkan Holdings Corporation

Idemitsu Kosan, Co., Ltd

INPEX

Itochu Corporation

Junhe Law Office

Kobelco Group

List Holdings Singapore Pte., Ltd

Lotte Co., Ltd

Macallan Capital

Marubeni Corporation

Mitbana Corporation

Mitbana Jurong Pte., Ltd

Mitsubishi Corporation

Mitsubishi UFJ Lease & Finance

Mitsui & Co., Ltd

Mistui Energy Trading Singapore

Misuit Indonesia, PT

Mizuho Bank, Ltd

MUFG Bank

Nippon Steel Corporation

Orient Corp.

Osaka Steel Corporation

Otsuka Holdings Co., Ltd.

PING AN

Resona Bank, Japan

Resona Indonesia Finance, PT

Roblox

Saint-Gobain Indonesia subsidiaries

Secom Co., Ltd

Showa Denko

Showa Leasing Co., Ltd

SMBC Nikko Securities Inc.

Squire Patton Boggs Singapore LLP

TIS Inc.

Tokyo Gas Corporation

Tokyo Tatemono

Toyota Tsusho Corporation

TREC, PT

TTLR, PT

Yamaha Motor, Co., Ltd.

Yamaha Music Indonesia, PT

Work highlights

  • Acting as counsel to Mitsubishi UFJ Lease & Finance Company, Limited (MUL) on Indonesian merger-related issues with Hitachi Capital Corporation (HC), including on its merger control preparation in Indonesia.
  • Acting as counsel to a Japanese consumer credit supplier Orient Corporation in the post-merger acquisition process following the acquisition of a majority interest in an Indonesian finance company PT. Mizuho Balimor Finance from Mizuho Bank.
  • Acting as counsel to a French group company in its analysis of mandatory post-acquisition report to the Indonesian Business Competition Supervisory Commission, Komisi Pengawas Persaingan Usaha.

Indonesia > IT, Telecoms and Fintech Tier 2

Walalangi & Partners in association with Nishimura & Asahi regularly acts for fintech companies and gaming developers, with demonstrable capability advising on matters concerning e-commerce, online platforms, data protection and peer-to-peer lending investments. On account of its association with Nishimura & Asahi, the practice is well-placed to assist on cross-border transactions. Luky Walalangi leads the team and focuses on M&As in the TMT sector, while Jeanne Elisabeth Donauw advises on Indonesian inbound investments.

Practice head(s):

Luky Walalangi

Other key lawyers:

Jeanne Elisabeth Donauw

Key clients

Cool Japan Fund

DeClout

Denso Corporation

Dhost Telekomunikasi Nusantara, PT

Diamond Development Indonesia, PT

Essex Bio – Technology Limited

Family Mart Co., Ltd.

GS Yuasa Corporation

Haseko Corporation

Hitachi Transport System, Ltd.

Hokkan Holdings Corporation

Idemitsu Kosan, Co., Ltd.

INPEX

Itochu Corporation

Junhe Law Office

Kobelco Group

List Holdings Singapore Pte., Ltd.

Lotte Co., Ltd.

Macallan Capital

Marubeni Corporation

Mitbana Corporation

Mitbana Jurong Pte., Ltd

Mitsubishi Corporation

Mitsubishi UFJ Lease & Finance

Mitsui & Co., Ltd

Mitsui Energy Trading Singapore

Misui Indonesia, PT

Mizuho Bank, Ltd

MUFG Bank

Nippon Steel Corporation

Orient Corp.

Osaka Steel Corporation

Otsuka Holdings Co., Ltd

PING AN

Resona Bank, Japan

Resona Indonesia Finance, PT

Roblox

Saint-Gobain Indonesia subsidiaries

Secom Co., Ltd.

Showa Denko

Showa Leasing Co., Ltd.

SMBC Nikko Securities Inc.

Squire Patton Boggs Singapore LLP

TIS Inc.

Tokyo Gas Corporation

Tokyo Tatemono

Toyota Tsusho Corporation

TREC, PT

TTLR, PT

Yamaha Motor, Co., Ltd.

Yamaha Music Indonesia PT

Work highlights

  • Acting as counsel to Mitsubishi Corporation (MC) on various Indonesian regulatory matters in relation to smart urban facilities development.
  • Acting as counsel to Capcom Co., Ltd., a Japanese video game developer and publisher listed on the Tokyo Stock Exchange (CCOEF), on Indonesian regulatory matters relating to progressive business model development plan.
  • Acting as counsel to United Partners (Japan) Inc. on Indonesian regulatory issues relating to sport platform, e-game tournament, money prize structure, live-streaming arrangement, cryptocurrency and payment mechanism, electronic system registration requirements, as well as personal data privacy rules.

Indonesia > Real estate Tier 2

Walalangi & Partners in association with Nishimura & Asahi advises on a broad range of matters concerning land acquisitions, joint ventures, building and planning requirements, land sub-division, in addition to the leasing and sale of property. Luky Walalangi leads the team and focuses on M&A transactions in the real estate sector, while Miriam Andreta is another key member of the team. Key clients include Mitsubishi Corporation and Toyota Tsusho Corporation, among others.

Practice head(s):

Luky Walalangi

Other key lawyers:

Miriam Andreta; Hans Adiputra Kurniawan

Key clients

Cool Japan Fund

DeClout

Denso Corporation

Dhost Telekomunikasi Nusantara, PT

Diamond Development Indonesia, PT

Essex Bio – Technology Limited

Family Mart Co., Ltd

GS Yuasa Corporation

Haseko Corporation

Hitachi Transport System, Ltd.

Hokkan Holdings Corporation

Idemitsu Kosan, Co., Ltd

INPEX

Itochu Corporation

Junhe Law Office

Kobelco Group

List Holdings Singapore Pte., Ltd

Lotte Co., Ltd

Macallan Capital

Marubeni Corporation

Mitbana Corporation

Mitbana Jurong Pte., Ltd

Mitsubishi Corporation

Mitsubishi UFJ Lease & Finance

Mitsui & Co., Ltd

Mitsui Energy Trading Singapore

Mitsui Indonesia, PT

Mizuho Bank, Ltd

MUFG Bank

Nippon Steel Corporation

Orient Corp.

Osaka Steel Corporation

Otsuka Holdings Co., Ltd.

PING AN

Resona Bank, Japan

Resona Indonesia Finance, PT

Roblox

Saint-Gobain Indonesia subsidiaries

Secom., Co Ltd

Showa Denko

Showa Leasing Co., Ltd

SMBC Nikko Securities Inc.

Squire Patton Boggs Singapore LLP

TIS Inc.

Tokyo Gas Corporation

Tokyo Tatemono

Toyota Tsusho Corporation

TREC, PT

TTLR, PT

Yamaha Motor, Co., Ltd

Yamaha Music Indonesia, PT

Work highlights

  • Acting as counsel to Mitsubishi Corporation (MC) in project development of smart urban facilities.
  • Acting as counsel to Mitsubishi Corporation (MC) and its Indonesian subsidiary PT Diamond Development Indonesia (DDI) in their new urban integrated township project with an estimated gross development value (GDV) of approx. USD 700 million in SHILA at Sawangan.
  • Acting as counsel to Toyota Tsusho Corporation and PT Toyota Tsusho Indonesia in their joint venture with Takenaka Corporation to cooperate in management and development of AXIA service apartment in Cikarang, West Java, Indonesia.

Indonesia > Restructuring and insolvency Tier 2

Walalangi & Partners in association with Nishimura & Asahi has expertise across a range of restructuring and insolvency matters, supported by its association with Japan’s largest full-service international firm. The team acts for foreign clients in structuring their capital reduction, recapitalisation, divestment and takeover, as well as representing  lenders in the suspension of payment process and bankruptcy proceedings. Practice leader Luky Walalangi is extolled for his experience and is closely supported by Miriam Andreta and associate Rainer Faustine Jonathan, who ‘understands both the theoretical and practical aspects of Indonesian insolvency procedures’.

Practice head(s):

Luky Walalangi

Other key lawyers:

Miriam Andreta; Rainer Faustine Jonathan

Testimonials

‘Walalangi & Associates negotiated well with administrators in PUPU processes.’

‘Mr. Rainer understands both the theoretical and practical aspects of Indonesian insolvency procedures.’

Key clients

Cool Japan Fund

DeClout

Denso Corporation

Dhost Telekomunikasi Nusantara PT

Diamond Development Indonesia, PT

Essex Bio – Technology Limited

Family Mart Co Ltd

GS Yuasa Corporation

Haseko Corporation

Hitachi Transport System, Ltd

Hokkan Holdings Corporation

Idemitsu Kosan, Co, Ltd.

INPEX

Itochu Corporation

Junhe Law Office

Kobelco Group

List Holdings Singapore Ptd., Ltd

Lotte Co., Ltd

Macallan Capital

Marubeni Corporation

Mitbana Corporation

Mitbana jurong Pte., Ltd

Mitsubishi Corporation

Mitsubishi UFJ Lease & Finance

Mitsui & Co., Ltd

Mitsui Energy Trading Singapore

Mistui Indonesia, PT

Mizuho Bank, Ltd

MUFG Bank

Nippon Steel Corporation

Orient Corp.

Osaka Steel Corporation

Otsuka Holdings Co., Ltd

PING AN

Resona Bank, Japan

Resona Indonesia Finance, PT

Roblox

Saint-Gobain Indonesia subsidiaries

Secom Co., Ltd

Showa Denko

Showa Leasing Co., Ltd

SMBC Nikko Securities Inc

Squire Patton Boggs Singapore LLP

TIS Inc

Tokyo Gas Corporation

Tokyo Tatemono

Toyota Tsusho Corporation

TREC, PT

TTLR, PT

Yamaha Motor Co, Ltd.

Yamaha Music Indonesia, PT

Work highlights

  • Acting as counsel to a Showa Leasing Co. Ltd in structuring their settlement arrangement with PT Pamindo Tiga T in relation to the procurement of machineries for automotive spare parts following the default by the Indonesian counter-party.
  • Acting as counsel to a lender of Garuda Indonesian Airways in relation to is total debts of approximately $13,7bn suspension of payment – Penundaan Kewajiban Pembayaran Utang (PKPU).
  • Acting as counsel to Secom in the share restructuring of its Indonesian subsidiary, PT Secom Indonesia.

Indonesia > Labour and employment Tier 3

Walalangi & Partners in association with Nishimura & Asahi’s workload includes termination and severance issues, whistleblowing claims, disciplinary and grievance matters, advisory work concerning visa requirements, in addition to the employment aspects of M&As and restructuring transactions. Luky Walalangi leads the team and is supported by associate Rainer Faustine Jonathan, who advises on crisis management mandates and employment termination issues.

Practice head(s):

Luky Walalangi

Other key lawyers:

Rainer Faustine Jonathan

Key clients

Cool Japan Fund

DeClout

Denso Corporation

Dhost Telekomunikasi Nusantara, PT

Diamond Development Indonesia, PT

Essex Bio – Technology Limited

Family Mart Co., Ltd.

GS Yuasa Corporation

Haseko Corporation

Hitachi Transport System, Ltd.

Hokkan Holdings Corporation NoIdemitsu Kosan, Co., Ltd.

INPEX NoItochu Corporation

Junhe Law Office

Kobelco Group

List Holdings Singapore Pte., Ltd.

Lotte Co., Ltd.

Macallan Capital

Marubeni Corporation

Mitbana Corporation

Mitbana Jurong Pte., Ltd.

Mitsubishi Corporation

Mitsubishi UFJ Lease & Finance

Mitsui & Co., Ltd.

Mitsui Energy Trading Singapore

Mitsui Indonesia, PT

Mizuho Bank, Ltd.

MUFG Bank

Nippon Steel Corporation

Orient Corp.

Osaka Steel Corporation

Otsuka Holdings Co., Ltd.

PING AN

Resona Bank, Japan

Resona Indonesia Finance, PT

Roblox

Saint-Gobain Indonesia subsidiaries

Secom Co., Ltd.

Showa Denko

Showa Leasing Co., Ltd.

SMBC Nikko Securities Inc.

Squire Patton Boggs Singapore LLP

TIS Inc.

Tokyo Gas Corporation

Tokyo Tatemono

Toyota Tsusho Corporation

TREC, PT

TTLR, PT

Yamaha Motor, Co., Ltd.

Yamaha Music Indonesia, PT

Indonesia > Corporate and M&A Tier 5

Walalangi & Partners in association with Nishimura & Asahi handles cross-border corporate M&A work for large multinational clients; its expertise encompasses acquisitions, disposals, joint ventures and corporate restructurings across a range of sectors, including industrial, retail and real estate. Luky Walalangi heads the practice with over 20 years’ experience in M&A and financing matters.

Practice head(s):

Luky Walalangi

Other key lawyers:

Miriam Andreta

Testimonials

‘W&P team offers practical solutions in a timely manner.’

‘Luky Walalangi has strong leadership skills and an established and dedicated team.’

Key clients

Cool Japan Fund

DeClout

Denso Corporation

Dhost Telekomunikasi Nusantara, PT

Diamond Development Indonesia, PT

Essex Bio – Technology Limited

Family Mart Co., Ltd.

GS Yuasa Corporation

Haseko Corporation

Hitachi Transport System, Ltd.

Hokkan Holdings Corporation

Idemitsu Kosan, Co., Ltd.

INPEX

Itochu Corporation

Junhe Law Office

Kobelco Group

List Holdings Singapore Pte., Ltd.

Lotte Co., Ltd.

Macallan Capital

Marubeni Corporation

Mitbana Corporation

Mitbana Jurong Pte., Ltd.

Mitsubishi Corporation

Mitsubishi UFJ Lease & Finance

Mitsui & Co., Ltd.

Mitsui Energy Trading Singapore

Mitsui Indonesia, PT

Mizuho Bank, Ltd.

MUFG Bank

Nippon Steel Corporation

Orient Corp.

Osaka Steel Corporation

Otsuka Holdings Co., Ltd.

PING AN

Resona Bank, Japan

Resona Indonesia Finance, PT

Roblox

Saint-Gobain Indonesia subsidiaries

Secom Co., Ltd.

Showa Denko

Showa Leasing Co., Ltd.

SMBC Nikko Securities Inc.

Squire Patton Boggs Singapore LLP

TIS Inc.

Tokyo Gas Corporation

Tokyo Tatemono

Toyota Tsusho Corporation

TREC, PT

TTLR, PT

Yamaha Motor, Co., Ltd.

Yamaha Music Indonesia, PT

Work highlights

  • Acting as counsel to Mitsubishi UFJ Lease & Finance Company, Limited (MUL) on its Indonesian merger-related matter with Hitachi Capital Corporation (HC), a Japan-based company engaged in leasing and financing services business in Japan and overseas, including on its merger control preparation in Indonesia.
  • Acting as counsel to major Japanese consumer credit supplier Orient Corporation, one of the leading finance companies in Japan, on the acquisition of a majority interest in an Indonesian finance company PT. Mizuho Balimor Finance from Mizuho Bank.

Indonesia > Banking and finance

Walalangi & Partners in association with Nishimura & Asahi’s areas of expertise include restructuring, asset acquisition financing, and regulatory.

Walalangi & Partners in association with Nishimura & Asahi > Firm Profile

Walalangi & Partners (in association with Nishimura & Asahi)

Walalangi & Partners (W&P) offers in-the-know guidance and legal solutions, reliable counsel, and trustworthy representation for its international and domestic clients. Founded by Mr Luky I Walalangi, a highly regarded lawyer with more than two decades of experience, the firm is associated with Nishimura & Asahi, the largest law firm in Japan with more than 600 experts in various legal fields, in reflection of W&P’s high-quality standards. W&P combines its incisive insights into Indonesian laws with strong local and global networks (including extensive global resources in association with Nishimura & Asahi), a combination which enables W&P to support its clients in an informed, fast and strategic manner.

W&P is regarded by Chambers Asia Pacific in corporate/M&A, real estate and competition/antitrust and by Chambers Global in corporate/M&A and by Chambers Fintech. The firm is acknowledged as a Leading Firm by The Legal 500 2021 and 2022 and was awarded Indonesia Equity Market Deal of the Year at the Indonesia Law Awards 2020 by Asian Legal Business. The firm is ranked by Asialaw Profiles 2022 as Recommended Firm. Furthermore, the firm is regarded by IFLR1000 31st Edition as Top Tier Firm, listed in ALB M&A Rankings 2021 and was named Competition & Antitrust and Structured Finance & Securitization Law Firm 2021/2022 by Asia Business Law Journal.

On a personal level, Mr Luky I Walalangi, the managing partner – stands among the leading M&A and finance practitioners according to international legal directories including Chambers Asia Pacific, Chambers Global and Chambers Fintech. He was awarded Indonesian Lawyer of the Year 2020 at the Asialaw Awards 2020 and was listed as one of 15 M&A Lawyers across nine Asia Countries 2022 and Asia’s Super 50 Top TMT Lawyers by Asian Legal Business. He was ranked as Recommended Lawyer 2021 by The Legal 500, ranked as Leading Lawyer by Asialaw Profiles and IFLR1000 and listed as one of the A-List Indonesia’s Top 100 Lawyers by Asia Business Law Journal.

Our partner, Miriam Andreta was ranked as Notable Practitioner by IFLR1000 31st Edition, shortlisted by Women in Business Law Awards Asia 2020, in Rising Star Awards for two categories Corporate and Finance, regarded by Asia Business Law Journal for three consecutive years, 2019 – 2022 as one of the A-List Indonesia’s Top 100 Lawyers, listed as ALB’s Rising Star Indonesia  by Asian Legal Business.

Main Contacts

DepartmentNameEmailTelephone
Founder and Managing Partner Luky I. WalalangiLwalalangi@wplaws.com+62 21 50808600
Partner Miriam AndretaMandreta@wlaws.com+62 21 50808600
Walalangi & Partnersinfo@wplaws.com

Staff Figures

Partners : 4 Partners
Lawyers : 27 Lawyers
Non-Lawyers : 21 Non-Lawyers

Languages

English
Bahasa Indonesia

International expertise


Affiliated with Nishimura Asahi (“N&A”), the biggest Japanese law firm with more than 600 experts in various legal matters, including cross-border transactions and Asian practices, W&P offers extensive international resources and a highly responsive client support centre. We are working together with N&A to meet its clients’ highest expectation.

As a “client-oriented” firm, we always put ourselves in the clients’ shoes and provide them with practical legal solutions as well as practical methods to improve their legal protections as well as optimizing their transaction structures. Our clients recognize this quality as quoted in Chambers Global, Chamber Asia Pacific, Legal 500, IFLR1000, Asialaw, Asia Law Business Journal and Asia Law Business.

We are well known by our clients to present our products in a “client-friendly” and straight forward ways, to help our clients to immediately focus on real legal issues and their most feasible legal solutions. We are acknowledged by our clients for our outstanding responsiveness and thorough analysis and they highly appreciate our on-point analysis and practical solutions in timely manner. In assisting clients, with our vast and more than 2 decades experience, we think out-of-the box and present the clients alternative solutions to their legal problems. As a “client-oriented” firm, we observe and pay intention to the business trends and investment climates in order to fulfill clients’ needs and stay relevant to our clients. The clients trust us not only on practical legal solutions but also manage the negotiations with Indonesian counterparts and bridging the communication between them.

As a part of Nishimura & Asahi affiliated firms, we are well equipped with cutting edge high-tech conf call and video-conference systems which allow us to communicate easily and more effective with clients. We also ensure that our firm keep up with up-to-date IT system and trends for remote access and communication with client allowing us to serve our clients at anytime and anywhere.

Notable cases


  1. Counsel to Tokyo Tatemono Co Ltd and Tokyo Tatemono Asia Pte. Ltd.Representing and advising both Tokyo Tatemono Co Ltd, Tokyo Tatemono Asia Pte. Ltd in the acquisition/subscription of 50% shares in PT Dharma Tatemono Residences and PT Dharma Tatemono Real Property, from Dharmawangsa Group, the total investment of which amounted to more than USD 300,000,000, involving multi layers and mix between direct capital injection, debt-to-equity conversion, and land acquisition. Both companies are designated for the development of prominent office and residential towers in the most prestigious area (Dharmawangsa) in south Jakarta.
  2. Counsel to TIS. Inc in the financing to an Indonesian publicly listed company through the issuance of convertible bonds in the total amount of IDR 560,001,736,660, (approximately USD 40,000,000) which is structured using a right issue method offered to existing shareholders.
  3. Counsel to Hokkan Holdings Limited in the acquisition of 7 business of Indonesian plastic packaging companies operating in wide-spread area across Indonesia and having a significant aggregate amount of assets.
  4. Counsel to Itochu Corporation in the more than USD 49 million acquisition of an Indonesian Fintech (P2P) company under one of the conglomerate Indonesian groups. This is the pioneer licensed P2P company in Indonesia.
  5. Counsel to Showa Denko KK in the re-structuring of PT Indonesia Chemical Alumina (ICA), a company with a capital of USD 188,500,000 and annual sales of USD 200 million. The divestment resulted in PT Aneka Tambang Tbk (Antam) owning 100% of ICA’s shares