Assegaf Hamzah & Partners > Jakarta, Indonesia > Firm Profile

Assegaf Hamzah & Partners > The Legal 500 Rankings

Indonesia > Antitrust and competition Tier 1

Praised as the ‘go-to firm for merger filings in Indonesia’, Assegaf Hamzah & Partners acts for clients on a wide range of matters, from general competition and compliance issues, to cartel investigations and merger notifications. Key work highlights include assisting in the submission of an acquisition notification to the Indonesian Competition Commission (KPPU) by a subsidiary of Sinopec, and supporting Sinochem throughout the entirety of the merger control process. The practice regularly collaborates with the firm’s disputes team to handle competition litigation, as well as the corporate group to advise on compliance issues with Indonesia’s antitrust regime. HMBC Rikrik Rizkiyana leads the team and has considerable experience advising on high-end merger clearances in Indonesia, while Farid Nasution, who previously worked at the KPPU, is noted for his expertise in merger filings and competition disputes.

Indonesia > Aviation Tier 1

Indonesia > Capital markets Tier 1

Assegaf Hamzah & Partners handles high-value and high-profile capital markets deals for companies, underwriters, financial institutions, and investment banks, advising on domestic and international public and private debt and equity offerings. Practice head Putu Suryastuti has over 20 years’ experience of IPOs, secondary offerings and private placements, with a focus on the financial services, telecoms, aviation and manufacturing sectors. Managing partner Bono Daru Adji is also active in the team alongside co-founder Ahmad Fikri Assegaf, who has 25 years’ experience in capital markets transactions. Mohammad Renaldi Zulkarnain is experienced in commercial and securities regulation, and senior associate Astrid Widyakartika left in July 2021 for an in-house role at the Indonesia Investment Authority.

Indonesia > Corporate and M&A Tier 1

Assegaf Hamzah & Partners is well versed in domestic and cross-border M&A deals and has strong competition and tax practices which it uses for support on transactions. As part of the Singaporean firm Rajah & Tann Singapore LLP’s Asia network, the firm is well positioned to handle regional and international deals and with a dedicated China desk, it capitalises on the strong flow of FDI coming into Indonesia from the country. Eko Basyuni heads the group and is experienced in joint ventures, competitive bids and private sales and disposals of private and publicly listed companies, while co-founder of the firm Ahmad Fikri Assegaf has notable experience in advising venture capital and private equity investors looking to invest in the Indonesian market. Managing partner Bono Daru Adji is also active in the team, as is foreign counsel Carol Lim, who has considerable experience in multijurisdictional transactions.

Indonesia > Dispute resolution Tier 1

Assegaf Hamzah & Partners fields a large corporate litigation team which handles a broad range of disputes, including arbitration, mediation and alternative dispute resolution (ADR). The team, which is well versed in disputes pertaining to the IP, employment, banking and finance, tax, shipping and TMT arenas, is jointly led by Chandra Hamzah and Eri Hertiawan. As part of the Rajah & Tann Singapore LLP Asia network, the firm is well placed to handle cross-border cases; Hertiawan is a veteran litigator, member of the Singapore international Arbitration Centre (SIAC) and an accredited mediator; and Hamzah focuses on commercial disputes, anti-corruption, corporate governance and IP matters. Asep Ridwan is a commercial litigator who focuses on competition and bankruptcy, while Simon Barrie Sasmoyo was promoted to partner in April 2022.

Indonesia > IT, Telecoms and Fintech Tier 1

Assegaf Hamzah & Partners offers a full suite of services and advises on matters concerning digital technology, cyber security, data protection, telecoms, financial innovation, M&A transactions and broadcasting. The team prides itself on providing integrated solutions to its roster of clients, by combining technology expertise with regulatory and financial services capability. Zacky Zainal Husein heads the practice and has demonstrable experience advising on regulatory issues associated with the full spectrum of TMT mandates, while banking and finance expert Indira Yustikania is noted for her expertise of the fintech sector in Indonesia. Muhammad Iqsan Sirie was promoted to partner in April 2022 and advises on blockchain, cryptocurrency, cloud computing and AI matters.

Indonesia > Labour and employment Tier 1

Assegaf Hamzah & Partners has demonstrable experience advising on non-contentious employment matters and is well-placed to collaborate with the firm’s litigation team to handle employment disputes. Experienced litigator Ahmad Maulana leads the practice and represents public and private corporations in manpower-related investigations, with expertise across the full range of employment disputes. Muhamad Kamal Fikri, who handles contentious employment matters, is another key figure in the team. Key clients include PT Space Data Center, PT APL Logistics and Veritas Technologies, to name a few.

Indonesia > Projects and energy Tier 1

Noted for its experience in working with the Indonesia government on major infrastructure projects, Assegaf Hamzah & Partners has a strong capability in PPPs and foreign direct investment projects, with experience in drafting and negotiating power purchase agreements and long-term oil and gas supply agreements. The team regularly acts for domestic clients, as well as investors from China and Japan, two of the key players in the Indonesian infrastructure development space. Ibrahim Sjarief Assegaf, who advises on project financing matters, jointly leads the team alongside Kanya Satwika, who focuses on power plant projects and mandates concerning renewable energy. Senior associate Ilham Raaziy has experience in the energy and mining sectors.

Indonesia > Real estate Tier 1

Assegaf Hamzah & Partners advises domestic and international companies on a broad range of real estate mandates, from asset management and property development projects to construction agreements and M&A transactions. The team, which boasts impressive advisory and litigious capabilities, is well-placed to collaborate with the firm's energy and projects practice to advise on the real estate aspects of infrastructure projects. Yogi Sudrajat Marsono leads the team and handles high-value real estate transactions, in addition to contentious matters, while associates Agnes Wardhana and Heru Pamungkas are also key figures in the team.

Indonesia > Restructuring and insolvency Tier 1

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.

Indonesia > Shipping Tier 1

Praised for its ‘in-depth knowledge and experience’, Assegaf Hamzah & Partners offers the full suite of services, encompassing all shipping-related matters, from contentious and non-contentious shipping financing, marine casualties and cargo claims to natural resources transportation and maritime insurance. The practice has also seen an increase of M&A transactions in the shipping sector. Ibrahim Sjarief Assegaf, who focuses on shipping finance matters, leads the team alongside Chandra Hamzah and seasoned litigator Eri Hertiawan, who is noted for his expertise in high-value shipping disputes. Yanu Wiriasmoko advises on M&As and banking and finance transactions in the shipping sector and is another key member of the group.

Indonesia > Tax Tier 1

Assegaf Hamzah & Partners acts for domestic and international companies, as well as high-net-worth individuals, on both contentious and non-contentious tax matters, with demonstrable experience representing clients in appeals to the Tax Court and judicial review submissions to the Supreme Court. Ahmad Fikri Assegaf and Nazly Parlindungan Siregar are key practitioners, while former practice head Muslimin Damanhuri left for an in-house role at Deloitte Touche Solutions in March 2022.

Indonesia > Banking and finance Tier 2

Assegaf Hamzah & Partners is part of the Rajah & Tann Singapore LLP Asia network and as such, is well placed to handle regional deals. The banking, finance and projects team advises on structured finance transactions, from simple secured or unsecured bilateral lending, through to multifaceted credit facilities. The team is also strong in the fintech arena, where it advises clients on regulatory and industry-related matters. Practice head Ibrahim Sjarief Assegaf counts foreign and domestic financial institutions, borrowers and sponsors among his clientele and is recommended for project finance work. Ahmad Fikri Assegaf is a co-founder of the firm and has notable experience in M&A, finance and Shariah finance issues; and Indira Yustikania is recommended for regulatory and transactional matters, with a focus on the fintech sector. Harun Ngantung and Tracy Tania were recently promoted to partner.

Indonesia > Intellectual property Tier 2

Assegaf Hamzah & Partners advises its roster of clients, including TikTok and LionsGate Entertainment, on a broad range of contentious and non-contentious matters concerning trademarks, patents, copyrights and industrial design, as well as plant variety protection and trade secrets. As part of the Rajah & Tann Singapore LLP network, the team is well-placed to advise on trans-national trademark registrations and enforcement of IP rights. Co-founding partner Chandra Hamzah, who focuses on IP disputes, jointly leads the team alongside Dewi Soeharto, who acts for clients in the TMT sector on a range of IP mandates.

Asia Pacific: Regional International Arbitration > Leading firms

Singapore-headquartered firm Rajah & Tann Singapore LLP not only has arbitration strength in its home jurisdiction of the Little Red Dot, but can also call upon expertise elsewhere in South East Asia. In Singapore Avinash Pradhan and Kelvin Poon share leadership of the team which also includes eminent practitioner Andre Yeap SC, while Eri Hertiawan  is a key name for international arbitration work in the firm’s Jakarta affiliate, while Chau Huy Quang is a key arbitration practitioner in the firm’s Vietnamese affiliate.