Makarim & Taira S. > Jakarta, Indonesia > Firm Profile

Makarim & Taira S.
SUMMITMAS 1, 16TH AND 17TH FLOORS
JL JEND SUDIRMAN KAV 61-62
JAKARTA 12190
12190
Indonesia

Indonesia > Labour and employment Tier 1

Makarim & Taira S. has an active employment practice with particular expertise advising clients in the financial services and oil and gas sectors. Key areas of work for the practice include employment-related issues arising from restructuring and insolvency work, as well as employee and trade union strikes. Managing partner Lia Alizia has a broad employment advisory practice that covers anti-bribery, anti-corruption and litigation issues.

Practice head(s):

Lia Alizia

Testimonials

Lia is available at anytime, is very responsive and provides practical solutions.’

Indonesia > Projects and energy Tier 1

Makarim & Taira S. has a strong projects offering that covers all the key sectors including power, oil and gas, telecoms, ports, airports and utilities. The team actively advises major borrowers and project owners on securing financing for the construction and privatization of infrastructure projects in the region. Vincent Ariesta Lie has a strong natural resources and energy background. Rahayu Ningsih Hoed is a key individual to note and is well-recognised in the project development and finance space. Yohanes Masengi is also noted.

Practice head(s):

Vincent Ariesta Lie; Rahayu Ningsih Hoed

Other key lawyers:

Maria Sagrado; Hilton King

Testimonials

‘Most of the individuals in the Makarim team continue to show a good level of expertise and always meet the client’s expectation. In particular, Vincent Lie consistently delivers good services and quality of work each year.’

Key clients

PT TBS Energi Utama, Tbk

PT Shenhua Guohua Lion Power Indonesia

PT Bhumi Jati Power, Indonesia

PT Central Java Power

Samsung C&T Corporation

PT Cikarang Listrindo Tbk

PT Cirebon Energi Prasarana

Work highlights

  • Advising PT Shenhua Guohua Lion Power Indonesia on the Sumsel-1 Mine-Mouth CFPP 2×350 MW, one of the first and largest mine-mouth power plant projects in Indonesia.
  • Assisting PT TBS Energi Utama, Tbk with acquiring an Independent Power Producer company in Indonesia which will develop a hybrid wind power project in Oelbubuk.
  • Representing PT Cikarang Listrindo Tbk, a publicly listed independent power producer company, in a state administrative dispute in relation to its pipeline license involving various claims totalling more than IDR1trillion or approx. $70m.

Indonesia > Antitrust and competition Tier 2

Makarim & Taira S. advises clients on a range of competition matters. The team is led by managing partner Lia Alizia who represents clients in the chemicals, electric and retail industries.

Practice head(s):

Indonesia > Banking and finance Tier 2

Makarim & Taira S. advises a wide variety of clients in the banking and finance space including lenders and borrowers, domestic and international banks, financial institutions and export credit agencies. Traditional banking and finance services are a key area of focus, as is aviation finance, Islamic finance and project finance. Previous practice head Kurniawan Tanzil and Lina A. Amran left the firm in 2020 to SHIFT Counsellors at Law, which Tanzil is a co-founder and managing partner at. Maria Sagrado now heads the practice and has extensive experience advising state-owned enterprises, power plants, mining and manufacturing companies.

Practice head(s):

Maria Sagrado

Other key lawyers:

Frederick Simanjuntak; Vincent Ariesta Lie; Willy Wibowo

Testimonials

The team is driven and motivated and willing to go the extra mile for clients. They are technically strong and commercial-minded at the same time.’

‘I found Frederick Simanjuntak exceptionally understanding clients’ circumstances and flexible to their demands. His flexibility has greatly helped us accommodate demanding clients’ requirements and changes of circumstances. His strong will to provide additional values to the client also gives him an edge over other competitors. ’

‘We worked with Mr Vincent Ariesta Lie on a complicated project finance/funds project, involving timber logging in Indonesia. Vincent was able to explain the complex Indonesian laws pertaining to the matter with clarity and to explain difficult legal concepts simply. Their due diligence work on the project was excellent. Thanks to him and his team (including senior associate Willy Wibowo), potential issues were quickly and competently identified.’

Maria Sagrado and Frederick Simanjuntak are technically very sound and strong on the law but willing to think out of the box and be commercial-minded. Always good to have them in our corner.’

Key clients

Sampoerna Strategic Group

PT Freeport Indonesia

Open Philanthropy / Arnold & Porter

WaterEquity Inc.

PT Mega Manunggal Property Tbk

Avmax Aircraft Leasing Inc.

Sinosure Insurance and its counsel Jingtian & Gongcheng

UOB Kay Hian

DZ Bank

Work highlights

  • Acted as local counsel to PT Freeport Indonesia, one of the borrowers, in assisting with the Third Amendment Agreement to a major $3.5bn revolving credit facility.
  • Acting as local counsel to Sampoerna Strategic Group in relation to an enhanced loan refinancing and recapitalisation enabling 4G wireless network and site relocation by PT Sampoerna Telekomunikasi Indonesia.
  • Advising WaterEquity Inc. on loan transactions from financial institutions in Indonesia to support the expansion of the water and sanitation program.

Indonesia > Corporate and M&A Tier 2

Makarim & Taira S. has a well-established presence in the corporate and M&A space and offer a full-service practice that covers share and asset acquisitions (for buyers or sellers), mergers, joint ventures and corporate restructuring. Rahayu Ningsih Hoed focuses on the energy sector, as does Hilton King who also advises clients in the minerals and infrastructure space. Other key individuals to note include managing partner Lia Alizia , Vincent Ariesta Lie and Maria Sagrado.

Practice head(s):

Rahayu Ningsih Hoed; Hilton King

Other key lawyers:

Lia Alizia; Vincent Ariesta Lie; Maria Sagrado; Jonathan Toni Tjenggoro

Testimonials

‘Swift and clear response.’

‘Their bilingual proficiency, responsiveness and accessibility.’

‘Lia Alizia is always responsive to our inquiries.’

‘Local know-how; pragmatic advice.’

The lawyers are experts in the area. We feel comfortable working with them, they listen to what we say and need, and respond in time.’

The team is very responsive, professional and provides practical legal solutions.’

‘The individual partners and associates provide extremely quick responses and turnarounds. They give highly practical advice and solutions. Lia Alizia, Hilton King and senior associate Jonathan Toni Tjenggoro provide exceptional service.’

Key clients

Kimberly-Clark Corporation

Ferro Corporation

Zarubezhneft JSC

AEON Delight Co., Ltd. (part of AEON Group)

PT TBS Energi Utama, Tbk

Tuan Sing Holdings Limited

Visa Inc.

Work highlights

  • Advised Kimberly Clark Corporation on its $1.2bn acquisition of leading Indonesian personal care brand PT Softex.
  • Acting for Ferro Corporation in the $460m sale of two principal tile coating business subsidiaries of Ferro Corporation in Indonesia: PT Ferro Mas Dinamika and PT Ferro Materials Utama.
  • Acting for PT TBS Energi Utama, Tbk in relation to the $1m acquisition of an independent power producer company in Indonesia which will develop a hybrid wind power project in Oelbubuk.

Indonesia > Dispute resolution Tier 2

Makarim & Taira S. is a ‘strong firm‘ and its disputes team is praised for its ‘practical commercial sense‘ and ‘good communication skills‘. The practice has a broad range of expertise with particular emphasis in projects disputes. The female-led practice has litigation specialist Rahayu Ningsih Hoed at the helm and is supported by Lia Alizia , who is praised by clients for her ‘excellent‘ legal knowledge and ‘concise‘ advice. Alexandra FM Gerungan left the firm in September 2020. Other changes include the recent alliance with Singapore firm Drew & Napier LLC and Shearn Delamore & Co in Malaysia, forming the Drew Network Asia regional legal network, further bolstering the firm’s cross-border capabilities.

Practice head(s):

Rahayu N. Hoed

Other key lawyers:

Lia Alizia; Rudy Andreas Sitorus

Testimonials

‘Lia Alizia leads a strong firm with talents in many areas.’

The team offers creative strategies and solutions for client’s problems.’

‘Lia and her team give good, clear and practical counsel, which we greatly appreciate.’

‘Makarim has assisted us with an Indonesian arbitration matter for a Global Fortune 500 client against a prominent Indonesian state-owned listed company. The firm gave an overall impression of soundness and practical commercial sense. Definitely one to keep on our panel to refer work to – communication skills are good.’

‘Lia Alizia and Made Susanti. Lia is excellent in her knowledge of Indonesian laws and more importantly the culture and was able to quickly and concisely analyze the case and present the relative strengths and weaknesses of the matter with a sound and practical strategy for moving forth. Susan (Made Susanti) is ever responsive and detailed in her handling of our matter and very patient. ’

This is a small dedicated team that can protect clients’ interests in the Indonesian courts. They are able to recommend creative strategies and solutions.’

Key clients

PT Central Java Power

PT Jingdong Indonesia Pertama

PT Cirebon Energi Prasarana

PT Pentastra Pacific Invest

PT Cikarang Listrindo Tbk

Euravia Engineering and Supply Co. Ltd.

POS-SEA Pte Ltd.

Work highlights

  • Acting for one of the largest U.S.-based IT companies in a IDR12.3 billion dispute filed by one of its former directors.
  • Advising a publicly listed independent power producer company in a state administrative dispute in relation to its pipeline license involving various claims totalling more than IDR1 trillion or approx. $70m.
  • Representing the largest clean water operator in Batam Island in relation to the termination of its clean water supply concession agreement, a matter valued at IDR1.4 trillion.

Indonesia > IT, Telecoms and Fintech Tier 2

Makarim & Taira S. has individuals with extensive experience in the areas of fintech, e-commerce and over-the-top streaming services. Hilton King is one of these individuals who has an experienced investments and M&A practice. Maria Sagrado is another key name to note and has a particular interest in peer-to-peer lending platforms.

Practice head(s):

Maria Sagrado; Hilton King

Key clients

PT Jingdong Indonesia Pertama (JDID Indonesia)

Sampoerna Strategic Group

Work highlights

  • Advised PT Sampoerna Telekomunikasi Indonesia on an enhanced loan refinancing and recapitalization enabling 4G wireless network and site relocation.
  • Assisted PT Jingdong Indonesia Pertama (JDID Indonesia) with a potential dispute with the company’s lessor in relation to office space lease.

Indonesia > Real estate Tier 2

Makarim & Taira S. advises foreign embassies, power plant developers, resort owners, oil and gas companies, and manufacturers on a wide variety of land acquisitions. The experienced Rahayu Ningsih Hoed heads the practice.

Practice head(s):

Rahayu Ningsih Hoed

Testimonials

Rahayu Ningsih Hoed and her associates were very professional and timely in delivering their legal services, with quick feedback on our questions.’

‘The team’s expertise, competence and integrity are the reasons why we trust Makarim & Taira S. to provide us with their consultancy services.’

Key clients

PT Summitmas Property

Tuan Sing Holdings Limited

PT MEGA MANUNGGAL PROPERTY TBK.

Hilton Worldwide Manage Limited

Louvre Hotels Group

Millennium & Copthorne International Limited

Work highlights

  • Advising Tuan Sing Holdings Limited on the legal framework for the project development, structure and documentation of the largest integrated property development project in Batam.
  • Acted as the legal counsel of PT Mega Manunggal Property TBK as the borrower on a loan from Credit Suisse in the amount of $32.7m.
  • Advised PT Summitmas Property on negotiating a cooperation agreement with PT MRT Jakarta, which covers the use of the company’s land for the construction of supporting facilities.

Indonesia > Restructuring and insolvency Tier 2

The restructuring and insolvency practice at Makarim & Taira S. advises multinational financial institutions on distressed assets, debt restructurings, and complex recapitalisation schemes. Lia Alizia has substantial restructuring expertise and is highly regarded for her litigation experience. In 2020, the firm established a regional legal network, Drew Network Asia (DNA), with Drew & Napier LLC in Singapore and Malaysia-based Shearn Delamore & Co.

Practice head(s):

Lia Alizia

Key clients

Turner Broadcasting System Asia Pacific, Inc.

PT Prasmanindo Boga Utama

Home Box Office (Singapore) Pte Ltd

Affiliates Asia, L.L.C.

Work highlights

  • Advised Turner Broadcasting System Asia Pacific, Inc. as the unsecured creditor in the delay of payment and bankruptcy proceedings of PT Indonesia Media Televisi.
  • Advised Home Box Office (Singapore) Pte Ltd as the unsecured creditor in the delay of payment and bankruptcy proceedings of PT Indonesia Media Televisi.
  • Advised PT Prasmanindo Boga Utama as the unsecured creditor in the delay of payment and bankruptcy proceedings of PT Dwinad Nusa Sejahtera.

Indonesia > Capital markets Tier 3

Makarim & Taira S. advises issuers, underwriters, financial institutions, and investment banks on both private and public offerings. Frederick Simanjuntak leads the team and has a strong cross-border finance practice. Vincent Ariesta Lie and Maria Sagrado are also noted.

Practice head(s):

Frederick Simanjuntak

Other key lawyers:

Maria Sagrado; Vincent Ariesta Lie

Key clients

PT Mega Manunggal Property TBK.

Work highlights

  • Advised PT Mega Manunggal Property TBK. as the borrower against Credit Suisse for $32.7m loan in value.

Indonesia > Intellectual property Tier 3

Makarim & Taira S. advises on a broad range of trademark registration and licensing matters and showcases in-depth knowledge of Indonesia's intellectual property regulations. The practice has particularly expertise in the hospitality sector. Managing partner Lia Alizia heads the practice. Senior associate Norma Mutalib is also noted and displays expertise in handling intellectual property matters relating to hotel franchising and management.

Practice head(s):

Lia Alizia

Other key lawyers:

Key clients

Hilton Worldwide Manage Limited

Louvre Hotels Group

Millennium & Copthorne International Limited

Federal-Mogul Bremsbelag GmbH

HKG Epitherapeutics Limited

Work highlights

  • Advised Hilton Worldwide Manage Limited on registering trademarks at the Indonesian Trademark Office.
  • Advised Louvre Hotels Group on filing and securing their trademark registrations in Indonesia to support their hotel activities in Indonesia.
  • Assisted Federal-Mogul Bremsbelag GmbH with maintaining trademark applications and registrations in Indonesia.

The firm: Established in 1980 by two Harvard graduates, Nono Anwar Makarim and Frank Taira Supit, Makarim & Taira S. is one of Indonesia’s oldest and most reputable independent full-service law firms, trusted by leading international and domestic clients to deliver applicable real world solutions. Its advice is based on more than 40 years of in-depth experience successfully navigating Indonesia’s complex and rapidly changing landscape. Makarim & Taira S. is an internationally recognised firm with an impressive range of household names on its client list.

Makarim & Taira S. is offering a full range of corporate, banking, litigation and specialist legal services to national and international clients. The firm’s longstanding reputation among policymakers, regulators, state-owned companies and world-leading industry groups provides unique insights into the latest government policies and industry knowledge. The firm guides clients through Indonesia’s complex and dynamic regulatory landscape so they can achieve their commercial goals.

Reflecting on the quality of its work, client relationships tend to be long lasting, even spanning decades, as it works in partnership to help clients shape their businesses in Indonesia. Moreover, the firm’s independent status enables it to work with other reputable parties that are qualified in their fields, including law firms from various jurisdictions.

Areas of practice: Long considered one of Indonesia’s leaders in corporate and banking/finance practices, the firm has recently been recognised for its work on high-profile infrastructure and power projects. Its employment expertise has also drawn accolades.

The firm’s areas of expertise also include aviation, banking and finance, capital markets, competition, construction, foreign investment and general corporate practice, franchise, hotel, resort and tourism, infrastructure and major projects, insolvency and restructuring, intellectual property, litigation and dispute resolution, media, IT and telecommunications, mergers and acquisitions, mining and energy, real estate, and transportation.

Its expertise is also sought by the Indonesian government, which has invited the firm to provide advice on a number of key legislative developments. As a result, it has unique insights into the evolution of Indonesia’s legal environment, enabling an ability to anticipate potential changes and act accordingly to protect and guide the interests of its clients.

With its long track record of successfully handling high-profile transactions, including a number of landmark cases, Makarim & Taira S. is a solid choice for both domestic and foreign clients looking for a trustworthy partner with in-depth expertise in Indonesia.

DepartmentNameEmailTelephone
Banking & Finance Frederick SimanjuntakFrederick.Simanjuntak@makarim.com+622150808300
Banking & Finance Maria SagradoMaria.Sagrado@makarim.com+622150808300
Banking & Finance Stephanie KandouStephanie.Kandou@makarim.com+622150808300
Litigation and Dispute Resolution Rahayu Ningsih HoedRahayu.Hoed@makarim.com+622150808300
Litigation and Dispute Resolution Lia AliziaLia.Alizia@makarim.com+622150808300
Antitrust & Competition Hilton KingHilton.King@makarim.com+622150808300
Mergers and acquisitions Maria SagradoMaria.Sagrado@makarim.com+622150808300
Mergers and acquisitions Stephanie KandouStephanie.Kandou@makarim.com+622150808300
Foreign Investment, Corporate & Commercials Hilton KingHilton.King@makarim.com+622150808300
Foreign Investment, Corporate & Commercials Vincent Ariesta Lievincent.lie@makarim.com+622150808300
Intellectual property Lia AliziaLia.Alizia@makarim.com+622150808300
Media, IT and Telecommunications Heru MardijartoHeru.Mardijarto@makarim.com+622150808300
Real Estate Rahayu Ningsih HoedRahayu.Hoed@makarim.com+622150808300
Real Estate Hilton KingHilton.King@makarim.com+622150808300
Employment Lia AliziaLia.Alizia@makarim.com+622150808300
Employment Harris ToengkagieHarris.Toengkagie@makarim.com+622150808300
Mining and energy Rahayu Ningsih HoedRahayu.Hoed@makarim.com+622150808300
Mining and energy Vincent Ariesta LieVincent.Lie@makarim.com+622150808300
Construction Rahayu Ningsih HoedRahayu.Hoed@makarim.com+622150808300
Construction Heru MardijartoHeru.Mardijarto@makarim.com+622150808300
Insolvency & Restructuring Lia AliziaLia.Alizia@makarim.com+622150808300
Transportation Frederick SimanjuntakFrederick.Simanjuntak@makarim.com+622150808300
Franchising & Licensing Lia AliziaLia.Alizia@makarim.com+622150808300
Franchising & Licensing Norma MutalibNorma.Mutalib@makarim.com+622150808300
PhotoNamePositionProfile
Ms Lia Alizia  photo Ms Lia Alizia Lia, the Managing Partner at Makarim & Taira S., is a talented…
Mrs Rahayu Ningsih Hoed  photo Mrs Rahayu Ningsih Hoed Rahayu Ningsih Hoed has been with Makarim & Taira S. for more…
Mr Hilton King  photo Mr Hilton King Hilton is one of Indonesia’s most experienced foreign legal consultants, and has…
Mr Vincent Ariesta Lie  photo Mr Vincent Ariesta Lie Vincent Lie is a Partner at Makarim & Taira S. who combines…
Mr Nono Anwar Makarim  photo Mr Nono Anwar Makarim Nono Anwar Makarim has led civic and political activities, and served as…
Mr Heru Mardijarto  photo Mr Heru Mardijarto Heru Mardijarto is a Partner in the Firm’s Corporate and Commercial department.…
Ms Maria H. Sagrado  photo Ms Maria H. Sagrado Maria Sagrado is a leading practitioner and a highly skilled negotiator with…
Mr Frederick Simanjuntak  photo Mr Frederick Simanjuntak Frederick is an innovative and result-driven corporate & finance lawyer with more…
Number of lawyers : 60
English
French
Indonesian
World Services Group
TRACE
World Law Group
APLMA
Britcham Indonesia

Legal knowledge, analytical skills and sound judgment, as well as having the right attitude are the mark of Makarim & Taira S. (M&T) lawyers. We have carefully and tirelessly worked to ensure that these characteristics and traits transcend everyone in the Firm, and to provide the highest levels of service to people who believe in us – not only to our clients, but also to our M&T lawyers.

We have always been proud to produce reputable lawyers with a oad and deep skill set that enable them to manage the complex and ever-changing landscape of the industries and practice areas they will be dealing with. At the Firm, we have been implementing an apprenticeship model – providing leaders that young associates can learn from, be their mentor, and also their adviser. From the time they commence their employment or training at the Firm, we ensure that an effective working environment and talent succession are in place:

Talent recruitment and management

M&T has consistently been one of top 5 most wanted employers in Indonesia for law students and graduates. Finding the right people for the Firm starts with three steps in our screening process: interview, written test, and psychological evaluation. Once these young lawyers or trainees are accepted, we take in the responsibility to develop their knowledge, skills and experience, as well as allow them to set their career and development goals.

Each associate in the Firm will have their own mentor who will be working with them as they deal with various transactions under different practice areas; they will also have an adviser who idges the communication between the associates and the Partners, and who the associates can talk to if they have grievances. Each of the mentors recognize differences in personalities, attitudes, and generation of associates (i.e., millennials and Gen-Z), so the training and mentoring process is also adjusted accordingly.

These young lawyers are given clear assignments and are made to understand what is expected of them – this will be the basis for periodic evaluations to measure their growth, development, and contribution to the Firm. We also instil a culture of collaboration, encourage them to take active roles in strategic planning and case management, and allow them to experience client servicing.

Work-life balance

Sharpening core competencies is vital – we aim to develop our lawyers’ essential skills of analysis, reasoning, and clear presentation of facts and legal arguments. However, we also recognize that happy lawyers are the most productive. At M&T, we provide and encourage our lawyers to participate in various extracurricular activities such as: futsal match, yoga class, recreational activities (e.g., watching movies together), outings, eaking fast gatherings, etc.

We have a eakout room and eastfeeding room in our office, and also carry out CSR activities (blood drives and orphanage visits). We also provide soft skills training in-house (effective communication, grooming, relationship building) to further distinguish our lawyers as top legal talents.


CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Excellent Jakarta-based law firm. Very responsive and collaborate in multi-jurisdictional teams very well.


CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Responsive, cost effective and good understanding of industry and regulatory issues.


CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Good teamwork.


CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: The firm is very responsive and very commercial. When we need a quick response for a client, Makarim & Taira S. are always happy to oblige.


CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Makarim & Taira S. has provided excellent, sufficiently detailed and timely advice on our projects.


CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Fast response and very strong advisory capability.


CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Resourceful.

Makarim & Taira S. welcomes its Newest Partners.

Dear Valued Clients, Colleagues and Friends,We hope you and your loved ones are staying safe and healthy.