Firm Profile > SSEK Legal Consultants > Jakarta, Indonesia
SSEK Legal Consultants Offices
MAYAPADA TOWER, 14TH FLOOR
JL JEND SUDIRMAN KAV 28
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SSEK Legal Consultants > The Legal 500 Rankings
Corporate and M&A Tier 1
SSEK Legal Consultants has a strong track record in transactional work, particularly advising private equity houses on Indonesian investments. Ira Eddymurthy leads the practice and is notably active in the insurance and pharmaceutical sectors. Darrell Johnson focuses on the insurance sector, but is also known for his work in the natural resources space. Michael Carl is another key figure and has a particular presence in natural resources and TMT-related work. Financial services and tech specialist Fahrul Yusuf and Michael Twomey, who has extensive experience in the oil and gas sector, are also highly recommended.
IT and telecoms Tier 1
SSEK Legal Consultants' TMT team is a prominent player in Indonesia's growing fintech sector and regularly advises on regulations, licensing, data protection and transactions. Fahrul Yusuf co-heads the practice and is an expert in advising international clients entering the Indonesian market through M&A and joint ventures. Michael Carl also leads the team and has a similar focus on acting on corporate transactions within the fintech sector. Another key figure is Denny Rahmansyah, whose standout strengths are in data protection and privacy issues.
Real estate Tier 1
SSEK Legal Consultants has a strong background in advising on real estate matters in the commercial, residential and hospitality sectors. Denny Rahmansyah jointly leads the team and is skilled in M&A and joint ventures, as well as land acquisitions and leases. He is particularly active in the tourism and retail sectors. Fellow practice head Michael Twomey advises on commercial and hospitality real estate and is an expert in project finance. Michael Carl similarly focuses on project finance and regularly assists with land acquisitions and licensing matters associated with energy projects.
Other key lawyers:
‘SSEK has complete knowledge of the real estate industry. They can not only advise on legal issues, but also give their opinions on commercial structures and terms.’
‘Denny Rahmansyah’s extensive knowledge allows him to answer questions in the blink of an eye.’
Dusit Thani Group
Risland Sutera Property
Jones Lang LaSalle
China Fortune Land Development
Hongkong Land and Jakarta Land
Restructuring and insolvency Tier 1
SSEK Legal Consultants' restructuring and insolvency practice has an enviable client roster of multinational companies. Michael Carl leads the practice and has acted on litigation and arbitration concerning debt restructuring. He is supported by Dewi Savitri Reni, who is also skilled in debt restructuring arbitration.
Shipping Tier 1
SSEK Legal Consultants runs the gamut of shipping and maritime-related services. Dyah Soewito jointly leads the practice and is especially skilled in ship financing and cabotage issues. Fellow practice head Michael Twomey has a longstanding history in the oil and gas sector, and with that brings a strong skill set in handling ship financing and cabotage matters. Also recommended is Stephen Igor Warokka, who is notably strong in the purchasing and selling of vessels.
Other key lawyers:
‘The SSEK team provides a excellent level of service through a single point of contact who is supported by a team with good breadth of knowledge.’
Axxis Geo Solutions
Antitrust and competition Tier 2
SSEK Legal Consultants' highly experienced M&A team often advises on the merger control and competition issues surrounding major deals. Fahrul Yusuf is the key name to note and is an expert in competition regulations and approvals.
Procter & Gamble
China Construction Bank
Shinhan Investment Corporation
Banking and finance Tier 2
Multinational financial groups regularly instruct SSEK Legal Consultants on loan agreements and financings, particularly when it comes to project finance. Ira Eddymurthy leads the practice and is notably skilled in the areas of project finance and insurance. Other key individuals include Michael Carl, who focuses on project finance and restructurings, and Fahrul Yusuf, who is a corporate lawyer with a strong emphasis on the banking sector.
‘Michael Carl has the ability to communicate Indonesian legal issues and requirements in a Western lawyering style.’
China Development Bank
KEB Hana Bank
Daido Life Insurance Company
WaterCredit Investment Fund 3
Bank Central Asia
American International Group
Dispute resolution Tier 2
SSEK Legal Consultants is experienced in both litigation and arbitration and has a strong emphasis on the natural resources sector. Michael Carl is a key figure and known for his work in the energy sector. Dewi Savitri Reni is another name of note and is experienced in both civil and criminal litigation.
Labour and employment Tier 2
SSEK Legal Consultants is highly skilled in advising on employment contracts, labour agreements and the employment aspects of M&A. Rusmaini Lenggogeni co-heads the practice and focuses on general advisory services as well as employment transfers and terminations. Also leading the team is Fahrul Yusuf, who is an expert in handling the employment aspects of M&A.
Projects and energy Tier 2
SSEK Legal Consultants has a strong reputation for handling mining, oil and gas, and power projects, and is one of the leading players in the growing geothermal sector. Michael Twomey leads the team and is an expert in oil and gas, mining and power projects. Other key figures include Michael Carl, who is very strong in the mining and energy sectors, and Dyah Soewito, who is skilled in the oil and gas and infrastructure spaces. Also recommended is Darrell Johnson, who is highly experienced in oil and gas projects.
Tax Tier 2
SSEK Legal Consultants' work within this space involves advising on the tax aspects of transactions, restructurings and investments. Ira Eddymurthy and Rusmaini Lenggogeni from the corporate team are the key names of note.
Capital markets Tier 3
SSEK Legal Consultants' corporate practice regularly assists its client base with listings on the Hong Kong Stock Exchange. Corporate partners Ira Eddymurthy and Fahrul Yusuf are the two key names to note.
SSEK Legal Consultants > Firm Profile
The firm: SSEK was formed in 1992 with a vision of creating a modern Indonesian law firm capable of delivering legal services at the highest international standard. SSEK has nearly three decades of experience helping multinationals and domestic companies navigate Indonesia’s complex regulatory environment to minimize risk, maximize investment and achieve their business goals.
SSEK is described as a “high-caliber and sophisticated” firm that gives “thorough and effective advice” (Chambers Asia-Pacific).
SSEK’s attorneys combine the highest levels of local knowledge and international expertise. Our overriding priority is looking after our clients’ interests. We understand not only the legal environment as it affects clients but also their business and the business environment in which they operate.
SSEK’s experience enables us to anticipate and understand the government’s position in ambiguous situations. Utilizing a significant network of contacts in government departments and agencies, and our extensive computerized database of Indonesian law, opinions, and work product, we are able to advise clients on likely government policy positions when laws and regulations do not provide clear guidance.
SSEK is a six-time Who’s Who Legal Indonesia Law Firm of the Year, has twice been named Indonesia Law Firm of the Year by Chambers & Partners, and has been an Asian-MENA Counsel Law Firm of the Year every year since 2009. We have received a number of Deal of the Year honors, including most recently M&A Deal of the Year from the Asia Legal Awards and the Asian Legal Business SE Asia Law Awards for our work as Indonesian counsel in Grab’s acquisition of Uber’s Southeast Asia business, and Asian-MENA Counsel Deal of the Year for advising on the formation of the Indonesian Oil and Gas Holding SoE.
SSEK is recognized by multiple legal directories as a leading firm in Indonesia across all major practice areas, and our partners and foreign legal advisers have received numerous individual awards and recognitions, including from The Legal 500, Chambers & Partners, IFLR1000 and Asia Law & Practice.
The amalgamation of skills and holistic focus means that many clients consider SSEK’s role to be not just that of a legal representative, but also that of a trusted partner – the first point of reference and a reliable source of guidance.
Areas of practice: Banking, finance and insurance: SSEK advises on all aspects of establishing and operating financial institutions in Indonesia. As well as providing regulatory advice, the firm prepares loan agreements and security documents for financial institutions and advises clients on mutual funds and pension plans, project finance and syndicated commercial loan transactions.
Capital markets and securities: SSEK advises issuers, underwriters and investors in stock, bond, convertible bond and commercial paper transactions, and assists clients with IPOs and strategic financing alternatives.
Dispute resolution: The firm helps clients develop appropriate strategies and claims in the event of a dispute while identifying any reasonable grounds for settlement and compromise. SSEK also advises clients on the merits of arbitration and related contractual requirements, acts as counsel in arbitral proceedings and as special liaison counsel in litigation proceedings.
Energy, mining and natural resources: SSEK enjoys a strong international reputation in the coal and hard-rock mining sector. The firm also assists investors in the forestry and palm oil plantation business.
Infrastructure and project finance: SSEK has extensive experience in project finance for the oil and gas, energy and mining sectors. The firm acts as counsel to developers and lenders in all types of infrastructure development projects, including multimillion dollar private power, toll road, telecommunications and water supply projects, as well as natural gas pipeline and mining projects.
Labor and employment: The firm advises corporate clients on severance matters, personnel policies and work rules, employment contracts, collective labor agreements, pension funds, secondment arrangements, mandatory training and social security programs. In the event of a labor dispute, SSEK represents its corporate clients in settlement negotiations and appears before the relevant administrative tribunals. SSEK also arranges work permits, visas, residency permits and related governmental approvals and filings.
Mergers and acquisitions: The firm has worked on many high-profile acquisitions involving both private and publicly listed companies in a variety of sectors. SSEK advises on regulatory compliance and related due diligence and document preparation.
Real estate: SSEK advises on all types of real estate transactions, including rendering assistance and advice on the acquisition, sale and relinquishment of land. It negotiates and drafts commercial leases of all sizes and complexity, and assists clients in the co-ordination of large real estate acquisitions for hotel developments, industrial use and infrastructure projects.
Shipping: SSEK regularly advises clients on compliance with cabotage rules and the implications for foreign investments in the domestic sea transportation industry.
Technology, Media and Telecommunications (TMT): The firm represents multinational clients entering the Indonesian telecommunications and IT sector, advising on regulatory and licensing issues for companies entering the market, and providing continuing advice on all aspects of their operations, including procurement, employment and tax law. SSEK is active in advising clients in the growing e-commerce sector including on issues related to e-money and online payment services. We also advise clients on data privacy and protection issues.
|Mr Syahdan Z. Aziz||Partner||View Profile|
|Mr Michael S Carl||Foreign Legal Advisor||View Profile|
|Ms Ira A Eddymurthy||Senior Partner||View Profile|
|Mr Darrell R Johnson||Of Counsel||View Profile|
|Ms Rusmaini Lenggogeni||Partner||View Profile|
|Ms Fitriana Mahiddin||Partner||View Profile|
|Mr Denny Rahmansyah||Managing Partner||View Profile|
|Ms Dewi Savitri Reni||Partner||View Profile|
|Mr Fransiscus Rodyanto||Partner||View Profile|
|Ms Dyah Soewito||Senior Partner||View Profile|
|Mr Jonathan M Streifer||Foreign Legal Advisor||View Profile|
|Mr Michael D Twomey||Senior Foreign Legal Advisor||View Profile|
|Mr Stephen Warokka||Partner||View Profile|
|Mr Fahrul S Yusuf||Partner||View Profile|
Staff FiguresNumber of lawyers : 70
MembershipsAmerican Chamber of Commerce in Indonesia Employment Law Alliance First Law International The Law Firm Network Transatlantic Law International The Interlex Group
- Advised PT Pertamina, Indonesia’s largest state-owned energy company, on the formation of the Indonesian Oil and Gas Holding SOE, a USD 4 billion deal that results in the creation of Indonesia’s largest state-owned holding company.
- Acted as Indonesian counsel to Vision Fund, the venture capital arm of SoftBank, as part of its investments in Grab Inc., the leading Southeast Asian ride-hailing app that is quickly becoming the region’s leading everyday app, and Tokopedia, the largest e-commerce platform in Indonesia
- Acted as Indonesian counsel to GE in connection with the global acquisition by Wabtec Corporation of GE’s Transportation business, and then acted as Indonesian counsel to GE in the global acquisition of GE’s Distributed Power business by Advent International.
- In separate transactions, represented the British multinational Rentokil Initial 1927 plc, through its Indonesian subsidiaries, in the acquisition of PT Aardwolf Pestkare Indonesia, a limited liability engaging in the business of pest control services, and PT Pink Services Indonesia, a limited liability company providing hygiene services.
- Assisted MNC Land, a leading Indonesian property company, in its collaboration with the Trump Organization on the “Trump Residences Indonesia,” two ultra-luxury integrated developments in Indonesia. SSEK was the only Indonesian law firm appointed to work on the projects.
- Assisted Ovolo Group with the acquisition of a resort hotel in Bali. This was the group’s first property outside of Hong Kong and Australia.
- Acted as Indonesian counsel to a foreign sovereign wealth fund that specializes in real estate investment and management services in connection with a contemplated joint venture with a Singaporean co-working space provider to develop co-working spaces across Asia.
- Assisted WeWork on the opening of its newest location in Jakarta, in one of the most strategic areas in the Indonesian capital. SSEK worked with WeWork on the deals for its previous spaces in Jakarta.
- Advised PT Risland Sutera Property, part of Country Garden Group, on the acquisition of several plots of land for a large residential development.
- Assisted a leading micro-investment app in obtaining a Mutual Funds Sales Agency (APERD) license from Indonesia’s Financial Services Authority (OJK). This was the first time in Indonesia that a foreign direct investment company had obtained an APERD license from the OJK.
- Advised Xiaomi, the large Chinese electronics company that makes and invests in smartphones, mobile apps, laptops and related consumer electronics. on its investment in Indonesia.
- Represents China Shenhua, one of the largest developers of coal-powered IPPs in China, as the developer in several major power projects in Indonesia.
- Work with a major water infrastructure provider out of the Philippines in bidding for water projects in Indonesia, which includes regulatory advice, joint venture structuring and preparation of bid documents.
- Acted as Indonesian counsel to a Middle Eastern petroleum and natural gas company in relation to its joint venture development agreement with PT Perta.
COMPANY/FIRM: PT Raiz Invest Indonesia
TESTIMONIAL: “I have always found [Dewi Savitri Reni] dependable, efficient and unfailingly punctual. In fact, I have never worked with a person who gives as much attention to detail as she does. Also, her willingness to take on difficult projects and see them to successful completion has repeatedly impressed me.”
CLIENT: Senior VP
COMPANY/FIRM: Maynilad Water Services, Inc.
TESTIMONIAL: “Maynilad is the biggest water utility in the Philippines in terms of customer base. Currently, Maynilad is looking for opportunities to expand its business in Indonesia. We are regularly talking to government officials and potential private partners. In doing so, we need to have very strong legal counsel in Indonesia. Professionally, we found SSEK to help us in exploring projects.”
CLIENT: Executive counsel
COMPANY/FIRM: GE Corporate
TESTIMONIAL: “[Dewi Savitri Reni] has the ability to understand and communicate cultural differences between the respective US and Indonesia legal regimes and achieve US client objectives in a very different cultural and legal regulatory regime.”
CLIENT: Legal contract advisor
COMPANY/FIRM: PT Pertamina Internasional Eksplorasi dan Produksi
TESTIMONIAL: “[Fransiscus Rodyanto] understands the issues provided by the client accurately and speedily. He provides solutions to the client’s problems in a very efficient way, both for the client’s operational and strategic interests. He also possesses vast knowledge of current legal issues in the Indonesian and international oil and gas industry.”
CLIENT: Head of legal
COMPANY/FIRM: PT Xiaomi Communications Indonesia
TESTIMONIAL: “[Fransiscus Rodyanto] has helped our company solve many tough cases with his superior legal knowledge, research skills, analytical skills, strategic views and practical thoughts. He is a responsive, thorough, responsible and competent professional who always has the client’s best interest in mind.”
CLIENT: VP – Finance & Support
COMPANY/FIRM: PT Total Oil Indonesia
TESTIMONIAL: “SSEK’s legal services are always delivered in seamless quality and well-timed manner.”
Ira A. Eddymurthy, Senior PartnerSSEK founding partner Ira A. Eddymurthy explains how the firm acts as a trusted legal and business partner for clients navigating the Indonesian market.
What has been your greatest achievement, in a professional and personal capability?
I think helping to found SSEK in 1992, with three other women lawyers, growing the firm over the next 28 years into one of the largest and most highly regarded corporate law firms in Indonesia, and having the opportunity to work with and even serve as a mentor to the next generations of Indonesian lawyers, would stand as one of my greatest achievements, both professionally and personally. I am also extremely proud of the recognitions I have received over the years for my work with clients, one of the greatest of those being recognized for 13 years by The Legal 500 Asia Pacific as a leading lawyer in Indonesia for banking and finance. Another achievement that stands out for me is being chosen as the only lawyer from Indonesia to be included in the panel discussion for the inaugural US-Indonesia Women’s CEO Summit, in October 2017 in Washington, D.C., with Indonesian Finance Minister Ibu Sri Mulyani, who was the keynote speaker.
What do you do differently from your peers in the industry?
I do not see that I do things differently from my peers in the industry. What I try to give the client is not just a legal solution, but also a commercial solution based on an expert understanding of the Indonesian context and a careful analysis of the risks associated with the client’s proposed business plan.
What advice would you give to your younger self?
Never give up on your dreams, work hard and there is no glass ceiling you need to break through in Indonesia, at least in the legal profession. Women lawyers receive the same treatment as their male counterparts, so there is no reason a woman in Indonesia cannot pursue a career in the Indonesian legal sector and rise to the top of the profession.
Can you give me a practical example of how you helped a client add value to the business?
On many occasions the lawyers at SSEK have helped companies navigate serious crises. You have to understand the industry in which your client operates and be able to give them advice and solutions that take into account both the legal and business aspects of the matter at hand. We analyze the risk and work with the client and the financial advisor to craft the best solution for their business.
Within your sector, what do you think will be the biggest challenge for clients over the next 12 months?
Unfortunately, people around the world are facing the same problem with the unprecedented situation brought about by the Covid-19 outbreak. Looking ahead to the next 12 months, we are all going to have to work hard and be prepared to assist clients in responding to the economic slowdown brought about the pandemic. There will, I’m sure, be a greater focus on cost savings and I think a larger focus of our practice will be restructuring and bankruptcy advice.
Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?
Different clients look for different things from their law firm. They all have specific needs and expect different things. That being said, I believe that all clients are looking for responsiveness and quality legal service. Looking ahead three years, I see SSEK still as the leading independent corporate law firm in Indonesia, providing services to multinational clients and domestic com
Corporate governance in IndonesiaCorporate governance is slowly but surely being implemented in Indonesia. The typical form of corporate/business organisation in Indonesia is a limited liability company, but other forms are available, including co-operatives, representative offices and partnerships. But since the limited liability company is by far the most common form of corporate organisation, in principle, corporate governance is …