SSEK Legal Consultants > Jakarta, Indonesia > Firm Profile

SSEK Legal Consultants Offices

SSEK Legal Consultants
MAYAPADA TOWER, 14TH FLOOR
JL JEND SUDIRMAN KAV 28
JAKARTA 12920
Indonesia
Visit website 62 21 521 2038 62 21 521 2039

SSEK Legal Consultants > The Legal 500 Rankings

Indonesia > Corporate and M&A Tier 1

SSEK Legal Consultants has an experienced corporate practice that regularly advises international investors and private equity funds, particularly with M&A transactions involving private equity purchasers or sellers to procure warranty and indemnity insurance. The team also has a strong regulatory advisory practice. Ira Eddymurthy and Michael Carl have extensive experience in the M&A and FDI space; Eddymurthy focuses on the insurance and healthcare sectors, and Carl specialises in the natural resources and tech space. Other key individuals to note include Fahrul Yusuf and Dewi Savitri Reni, both of whom have a strong financial services and technology-focused M&A practice.

Practice head(s):

Ira Eddymurthy; Rusmaini Lenggogeni; Fahrul Yusuf; Michael Carl

Other key lawyers:

Dewi Savitri Reni; Michael Twomey

Testimonials

‘SSEK has a really responsive and thorough corporate and M&A team. Their availability is exceptional and they deliver commercial advice, without over-servicing.’

Key clients

PepsiCo, Inc.

Princeton Digital Group (PDG)

Nissan Motor Co., Ltd.

SoftBank Vision Fund

Pigments Spain, S.L.

Grab Inc.

General Electric

Mastercard

Pertamina

OVO

Work highlights

  • Advised PepsiCo, Inc. on the sale of its stake in and termination of its joint venture in Indonesia with PT Indofood CBP Sukses Makmur (ICBP).
  • Acted for Singapore-based Princeton Digital Group (PDG) in the sale of a strategic stake in its data centers business, including data centers in Indonesia.
  • Advised Binance on the acquisition of the Indonesian crypto asset exchange platform PT Toko Crypto Indonesia Berkat.

Indonesia > IT, Telecoms and Fintech Tier 1

SSEK Legal Consultants assists multinationals and startups on regulatory and licensing issues when entering the fintech market, as well as subsequent advice on operational matters. E-payments, cryptocurrency and blockchain are key areas of focus for the firm. Corporate and M&A specialists Michael S Carl and Fahrul S Yusuf head the practice.

Practice head(s):

Fahrul S. Yusuf; Michael S. Carl

Testimonials

‘SSEK provide fantastic support even in challenging times. Outstanding responsiveness, commercial advice and industry insight.’

‘The SSEK team led by Michael Scott Carl has deep expertise in executing Indonesian transactions on behalf of international clients and, unlike many other Indonesian firms, is extremely responsive.’

‘Michael Scott Carl – he has built a very strong team of capable Indonesian associates who are capable of executing complex transactions in an efficient and responsive way.’

‘The team is strong with their knowledge and detailed with their work.’

‘Fahrul S. Yusuf and his team has been exceptional with their commitment and support to our needs.’

Key clients

Binance

Upbit

Princeton Digital Group

Ping An

Softbank Vision Fund

Grab Inc.

KEB Hana Bank

OVO

dLocal

Kakao

Work highlights

  • Advised Binance on the acquisition of the Indonesian cryptoasset exchange platform PT Toko Crypto Indonesia Berkat, in an indirect acquisition.
  • Acted for Singapore-based Princeton Digital Group (PDG) in the sale of a strategic stake in its data centers business, including data centers in Indonesia.
  • Advising Upbit, the South Korean cryptocurrency exchange, on its operations in Indonesia.

Indonesia > Real estate Tier 1

SSEK Legal Consultants advises on the full range of real estate law, with particular strength in the tourism and hospitality sectors. The practice is also active in advising on land acquisitions and leasing matters in the energy and natural resources sectors. Real estate specialist Denny Rahmansyah advises on M&A, joint ventures, hotel and resort developments, industrial land acquisitions, and office and retail leases. Michael Twomey has a strong commercial real estate development, hotels and project finance practice.

Practice head(s):

Denny Rahmansyah; Michael Twomey

Testimonials

‘Denny Rahmansyah is a master of the real estate sector and knows the law from A to Z.’

Key clients

Princeton Digital Group (PDG)

MRT Jakarta

TSH Resources Berhad (TSH)

Ladang Lekir Sdn. Bhd.

China Fortune Land Development (CFLD)

Ovolo Group

Gesit Companies

Mitsubishi Estate Co., Ltd.

Jones Lang LaSalle

WeWork

Work highlights

  • Acted for China Fortune Land Development (CFLD) in the acquisition of approximately 280 hectares of land located in Karawang Regency, West Java, in connection with a project to develop a new industrial city.
  • Acted for Ovolo Group, an award-winning luxury boutique hotel brand headquartered in Hong Kong, on the acquisition of a resort hotel in Bali and the development of the property.
  • Acted for TSH Resources Berhad, one of Malaysia’s largest plantation companies, as the seller in a $110.1m Indonesian landbank transaction.

Indonesia > Restructuring and insolvency Tier 1

SSEK Legal Consultants‘ restructuring and insolvency team works closely with the firm’s M&A practice and advises on the restructuring elements that arise from acquisitions. Advising on non-performing loans is a key area of focus and the firm frequently receives mandates from financial institutions in this area. Dewi Savitri Reni has an active debt restructuring and arbitration practice and has expertise in the automotive and oil and gas sectors. Michael Carl and Denny Rahmansyah are other key individuals to note.

Practice head(s):

Dewi Savitri Reni; Denny Rahmansyah; Michael Carl

Key clients

McDermott

General Motors

Pepsi Co.

Nissan

General Electric

Credo Group

Roche

Ford Motor Company

Ensco

Luxindo Nusantara

Work highlights

  • Represented McDermott, the international engineering, procurement, construction and installation company, in its restructuring of several companies in Indonesia.
  • Assisting a battery manufacturer in restructuring its debts with 11 banks and other vendors.
  • Assisted General Motors with the planned exit of its manufacturing business from Indonesia and the restructuring of its business in Indonesia to an authorised operator.

Indonesia > Shipping Tier 1

SSEK Legal Consultants has a broad maritime and shipping offering with particular expertise in the natural resources and cruise sectors. The practice advises on ship financing, mortgage, sale and purchase of vessels and ship arrests. Michael D Twomey has expertise advising on cabotage issues, ship financing and leasing. Senior associate Stephen Igor Warokka focuses on M&A transactions and foreign investments. Founding partner Dyah Soewito is another key individual to note.

Practice head(s):

Dyah Soewito; Stephen Igor Warokka; Michael D. Twomey

Key clients

McDermott International, Inc.

Coeclerici S.p.A.

Van Oord

Maersk

Colas

BW Offshore

Axxis Geo Solutions

Sele Raya

Total Oil

Chevron

Work highlights

  • Assisted Van Oord with a joint venture with an Indonesian shipping entity.
  • Assisted a US-based offshore drilling contractor with the successful restructuring of its Indonesian subsidiaries to ensure the cabotage compliance of its business and operations in Indonesia.
  • Assisting an international offshore service provider with its contract as a services provider to a Production Sharing Contract (PSC) contractor.

Indonesia > Antitrust and competition Tier 2

SSEK Legal Consultants regularly advises clients on merger filings before the KPPU. The team also assists clients with issues involving licensing and franchising of products and services, government procurement rules and unfair trade practices. Fahrul S Yusuf and founding partner Ira A Eddymurthy are the key names to note.

Practice head(s):

Ira A. Eddymurthy; Fahrul S. Yusuf

Key clients

GlaxoSmithKline

Nissan Indonesia

Grab Inc.

Procter & Gamble

Roche

Rolls-Royce

Cargill

China Construction Bank

Shinhan Investment Corporation

Siam Cement

Work highlights

  • Successfully represented a motorcycle manufacturer against a consumer lawsuit related to alleged cartel practices.
  • Assisted an Asia-headquartered hotel owner-operator with the merger filing requirements with the KPPU relating to its acquisition of an Indonesian property company.
  • Advising a digital content service provider on the KPPU investigation related to its business in the digital media space.  

Indonesia > Banking and finance Tier 2

SSEK Legal Consultants has a broad client offering in the banking and finance sector, although the practice’s particular strength is in its insurance industry expertise. Other key areas of focus include debt restructuring and project financing, as well as assisting clients with financings for mining and plantation projects. Within the team, Ira Eddymurthy specialises in project finance, foreign investment and insurance matters; Michael Carl focuses on banking and insurance M&A mandates; and Fahrul Yusuf has a strong banking regulatory practice.

Practice head(s):

Ira Eddymurthy; Fahrul Yusuf; Michael Carl

Key clients

SoftBank Vision Fund

OVO

Binance

Ping An Puhui

Mastercard

Western Union

Prudential

LCH Lockton Pte Ltd

Aetna

KEB Hana Bank

Work highlights

  • Assisted Tolaram Inc. on the divestment of shares in PT Bank Amar Indonesia to comply with maximum ownership requirements.
  • Advising OVO on entering into a joint venture agreement with ZA Global Tech Limited, a joint venture between Chinese online insurer ZhongAn and SoftBank’s Vision Fund, for the development of an insurance-technology platform.
  • Advised Upbit,  a South Korean cryptocurrency exchange, on its operations in Indonesia.

Indonesia > Dispute resolution Tier 2

SSEK Legal Consultants has an active disputes practice and represents a wide variety of multinationals, particularly in the natural resources space. It also regularly handles employment disputes. Practice head Dewi Savitri Reni is the driving force behind the growth of the firm’s disputes practice and specialises in arbitration and litigation, with an emphasis on debt restructurings. Michael Carl also has a strong litigation and arbitration practice and has a strong background in the mining and natural resources sectors.

Practice head(s):

Dewi Savitri Reni

Other key lawyers:

Michael Carl

Key clients

GE Power

United Overseas Bank (UOB)

Jakarta Intercultural School

Rolls-Royce

Technip

Nissan

General Motors

PT Bakrie Telecom Tbk

Mitsubish Electric

BlackBerry

Work highlights

  • Assisted a multinational energy technology company in resolving a contractual dispute through a binding opinion process at the Indonesia National Board of Arbitration (BANI).
  • Successfully represented a motorcycle manufacturer against a consumer lawsuit related to alleged cartel practices.
  • Successfully defended a steel manufacturer in an industrial relations dispute brought by a former employee to the Serang Industrial Relations Court over pay and benefits.

Indonesia > Labour and employment Tier 2

SSEK Legal Consultants has a broad employment advisory practice, as well as an experienced employment litigation offering that has particular expertise in handling disputes arising from employment terminations. Fahrul Yusuf heads the practice and specialises in advising clients on employment-related aspects of M&A transactions. Senior associate Dicky Tanjung has 'great experience' and frequently handles employment terminations.

Practice head(s):

Fahrul Yusuf; Rusmaini Lenggogeni; Syahdan Z. Aziz

Other key lawyers:

Dicky Tanjung

Testimonials

‘The SSEK team have been working in this space for some time and their experience shows. ’

‘Dicky Tanjung has great experience.’

Key clients

PepsiCo, Inc.

Adidas

FedEx

General Motors

Nissan Motor Co.

Kohler Group

Mastercard

Levi Strauss

Grab Inc.

Procter & Gamble

Work highlights

  • Successfully represented a consumer goods company in a dispute with an employee terminated for performance issues.
  • Advised Kohler Group, a multinational manufacturer, and its subsidiaries with all their employment law, corporate, commercial and regulatory affairs in Indonesia.
  • Assisted PT Yamaha Motor Parts Manufacturing Indonesia and PT Toyobesq Precision Parts Indonesia with their merger in Indonesia including leading employment-related discussions to achieve a smooth transaction and avoid any possible work stoppages.

Indonesia > Projects and energy Tier 2

SSEK Legal Consultants has an active presence in the energy sector with notable expertise in the renewable space, including solar, geothermal and hydro projects. Project finance specialist Michael Twomey has expertise in upstream and downstream oil and gas transactions, as well as sector expertise in the hospitality and shipping sectors. Fitriana Mahiddin also has a strong oil and gas background. Michael Carl focuses on the energy and mining sectors and represents a number of Chinese investors entering the region and senior lawyer Darrell Johnson continues to advise clients.

Practice head(s):

Ira A. Eddymurthy; Fitriana Mahiddin; Michael Twomey

Other key lawyers:

Michael Carl; Darrell Johnson

Key clients

McDermott

Chevron

Coeclerici S.p.A.

ExxonMobil

General Electric

Pertamina

Saudi Aramco

Sele Raya

Total Oil

Van Oord

Work highlights

  • Assisted PT MRT Jakarta, the developer and operator of the MRT in the Indonesian capital, to form a new subsidiary that will develop a transit- oriented development (TOD).
  • Assisting oil and gas company Sele Raya with its upstream activities under three Production Sharing Contract areas.
  • Assisting Energy Development Corporation with its operations in Indonesia and exploration of potential geothermal projects in Indonesia.

SSEK Legal Consultants > Firm Profile

The firm: SSEK Legal Consultants was founded in 1992 and is today one of the largest and most highly regarded full-service corporate law firms in Indonesia. SSEK combines the local knowledge of its three decades of practice with the global outlook of its award-winning lawyers to offer multinationals and domestic companies innovative and timely solutions to their practical challenges.

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 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.

SSEK is described as “one of a select group of Indonesian local firms capable of providing genuine international standard advice” and a firm that “manages to combine technical strength with a very commercial approach” (The Legal 500).

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.

Main 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 and acts as counsel in arbitral 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.

Intellectual property: SSEK’s IP practice assists domestic and multinational companies in protecting their trademarks, patents, copyrights and industrial designs in Indonesia. We are able to assist foreign IP owners in the prosecution and litigation of IP matters in Indonesia and work with outside experts for certain matters.

Labor and employment: The firm advises corporate clients on Indonesia’s complex labour laws, personnel policies and work rules, employment contracts, collective bargaining arrangements, pension funds and secondment arrangements. SSEK assists corporate clients with the termination process.

Litigation: SSEK is experienced in civil litigation, arbitrations and dealing with the Indonesian national police in criminal investigations and complaints.

Mergers and acquisitions: The firm has worked on numerous high-profile acquisitions involving both private and publicly listed companies in a variety of sectors. SSEK advises on regulatory compliance and attends to related due diligence and document preparation.

Real estate and construction: 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 coordination of large real estate acquisitions for hotel developments, industrial use and infrastructure projects.

Shipping: SSEK advises clients on compliance with cabotage rules and the implications for foreign investments in the domestic sea transportation industry, and assists with the sale and lease of vessels.

Technology, media and telecommunications (TMT): SSEK is active in advising clients in the growing e-commerce sector including on issues related to e-money and online payment services. The firm’s TMT team is experienced with M&A transactions in the technology space, cybersecurity, data privacy, fintech and regulatory matters.

International work: SSEK is regularly involved in large cross-border transactions. As an independent law firm, SSEK is able to work with major law firms in all jurisdictions.

Main Contacts

DepartmentNameEmailTelephone
Managing Partner Denny Rahmansyahdennyrahmansyah@ssek.com+62 21 521 2038 / +62 21 2953 2000
Communications Department David Eyerlydavideyerly@ssek.com+62 21 521 2038 / +62 21 2953 2000

Staff Figures

Number of lawyers : 70

Languages

English
Indonesian

Memberships

American Chamber of Commerce in Indonesia
Employment Law Alliance
The Law Firm Network
Transatlantic Law International
The Interlex Group
PERADI

Notable cases


  • Assisted Grab Holdings as Indonesian counsel in connection with its listing on Nasdaq, which included the world’s biggest-ever merger involving a special purpose acquisition company (SPAC).
  • Acted as external counsel for Pertagas, a subsidiary of Indonesian state-owned subsidiary of PT Perusahaan Gas Negara Tbk, in connection with the creation of a joint operation with energy company PT Rukun Raharja Tbk (Raja) for the construction, operation, and maintenance of the Balam-Bangko-Dumai and Minas-Duri-Dumai oil pipeline corridors (the Rokan Project)
  • Acted as Indonesian counsel for Singapore-based Princeton Digital Group (PDG) in the sale of a strategic stake in its data centers business, including data centers in Indonesia. PDG entered into a definitive agreement for a new US$360 million equity investment led by the Ontario Teachers’ Pension Plan Board.
  • Advised PepsiCo, Inc. on the sale of its stake in and termination of its joint venture in Indonesia with PT Indofood CBP Sukses Makmur (ICBP).
  • Assisted PT MRT Jakarta with the formation of a new subsidiary for a transit-oriented development (TOD).
  • 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.
  • Represented China Shenhua, one of the largest developers of coal-powered IPPs in China, as the developer in several major power projects in Indonesia.
  • 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.
  • Acting as Indonesian counsel to a leading international oil and gas company in relation to the operation of two significant Production Sharing Contract (PSC) areas on Borneo island.
  • Assisted an international energy company in connection with its disposal of the Lemang oil and gas block.
  • Assisted Binance, one of the world’s largest cryptocurrency exchanges, in the indirect acquisition of TokoCrypto, the first cryptoasset exchange platform registered by the Indonesian government.
  • Advising Upbit, the South Korean cryptocurrency exchange, on its operations in Indonesia.
  • Represented a client in a police investigation over a criminal fraud matter and assisted the client in trying to recover its funds.
  • Represented a client in its lawsuit against an Indonesian bank at the North Jakarta District Court for the payment of guarantee bonds issued by the bank.
  • Successfully assisted a client in a dispute with an employee terminated over performance issues. In particular, the employee had left the factory during office hours, which caused an acid spillage in the factory.
  • Represented a client in connection with a dispute with 17 employees our client terminated over an illegal work stoppage. The SSEK team representing the client at the Semarang District Court, including preparing and presenting evidence to defend the client. SSEK successfully guided the client through the court proceedings with minimal legal exposure.

Client testimonials


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.”

CLIENT: CEO
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.”

International capabilities


  • SSEK is the Indonesia member firm of the Employment Law Alliance (ELA), a global network of leading labor and employment lawyers. The ELA provides HR executives, general counsel and business leaders with comprehensive labor and employment and immigration services. Multinational companies choose ELA lawyers for fast, efficient, responsive services tailored to meet the unique needs of their global workforce. ELA law firms provide HR legal solutions around the world. The ELA offers global reach with local experts.
  • SSEK is a member of The Interlex Group, an association of leading law firms around the world that cooperate to provide a complete range of international legal and business services to clients.
  • SSEK is a member of The Law Firm Network (LFN). LFN offers businesses an alternative to global law firms: successful independent law firms working together, in an integrated way, offering choice, competitive pricing and local knowledge. The networks member law firms work together to resolve cross-border issues and advise legal counsels of small, medium and multinational companies.