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

Makarim & Taira S. > The Legal 500 Rankings

Indonesia > Corporate and M&A Tier 1

Makarim & Taira S. has a strong track record in the corporate arena and advises clients on share and asset acquisitions, M&A, joint ventures and restructurings. The team is jointly led by Rahayu Ningsih Hoed and Hilton King, with Ningsih recommended for M&A transactions, arbitration, employment, and project financing, and King focusing on investments and transactions, with particular experience in the energy, minerals and infrastructure sectors. Stephanie Kandou and Norma Mutalib were promoted to partner in February 2022.

Indonesia > Labour and employment Tier 1

Housing a strong employment practice, Makarim & Taira S. advises on a broad range of matters concerning restructuring plans, mass termination strategies and termination disputes, as well as reviewing company regulations. The cross-jurisdictional capability of the team is supplemented by its association Drew & Napier LLC in Singapore and Shearn Delamore & Co in Malaysia. ‘Business-oriented’ Lia Alizia leads the practice and focuses on employment litigation, in addition to anti-bribery and anti-corruption issues. Other key members of the group include Rahayu Ningsih Hoed and Harris Toengkagie, who was promoted to partner in February 2022.

Indonesia > Projects and energy Tier 1

Makarim & Taira S. advises on the entire project lifecycle, from bid preparation and negotiation of contracts to land acquisitions and licensing matters, in addition to project-related disputes. Counting PT Pertamina Geothermal Energy, PT Amman Mineral Industri and PT Cikarang Listrindo, to name a few, among its key roster of clients, the practice has experience across the power, oil and gas, telecoms, ports, airports and utilities sectors. Rahayu Ningsih Hoed focuses on project financings and land acquisitions for infrastructure and mining projects. Hoed spearheads the team alongside ‘great leader’ Vincent Ariesta Lie, who is noted for his expertise in the energy and natural resources sector, and foreign legal consultant Hilton King, who advises on energy, minerals and infrastructure projects.

Indonesia > Antitrust and competition Tier 2

Managing partner Lia Alizia leads the antitrust and competition team at Makarim & Taira S. and acts for clients across the insurance, industrials and manufacturing, aviation and shipping sectors. The practice has demonstrable experience in submitting merger filings and notifications to the KPPU, in addition to advising on local asset transfers and acquisition-related matters. On account of its strong connections with Drew & Napier LLC in Singapore and Shearn Delamore & Co in Malaysia, the team is well-placed to assist on cross-border antitrust and competition mandates. Associate Budhy Apriastuti Evita, who advises clients on merger filings, is another key member of the group.

Indonesia > Banking and finance Tier 2

‘Very strong on borrower-side project financing in Indonesia’, the banking and finance team at Makarim & Taira S. acts for both lenders and borrowers, domestic and international banks, financial institutions, and export credit agencies on a range of financial transactions. In addition to its core strengths in aviation finance, Islamic finance and project finance, the practice is increasingly active in the fintech space and continues to provide financial services regulatory expertise to clients. Maria Sagrado jointly leads the team alongside Frederick Simanjuntak, with Sagrado recommended for foreign investment work and Simanjuntak handling syndicated lending and project finance. Stephanie Kandou was promoted to partner in February 2022.

Indonesia > Dispute resolution Tier 2

A ‘very dynamic practice with an international vision’, Makarim & Taira S. handles a range of disputes work, including commercial litigation, employment disputes and contentious insolvency cases. It acts for multinational corporations and state-owned enterprises and the team is led by Rahayu Hoed and Lia Alizia. Hoed has been at the firm for over 30 years and handles corporate, project finance and employment matters in addition to disputes. Alizia is an experienced litigator who represents clients before Indonesian courts and arbitration panels, and also advises on risk management, including anti-bribery and anti-corruption issues. Senior associate Rudy Sitorus is recommended for high-value disputes, regulatory and compliance matters; Harris Toengkagie was promoted to partner in February 2022.

Indonesia > IT, Telecoms and Fintech Tier 2

Makarim & Taira S. has demonstrable experience advising on M&As and joint ventures in the telecoms sector, in addition to handling the regulatory aspects of technological developments. Maria Sagrado, who acts for clients on peer-to-peer lending matters, jointly leads the practice alongside corporate and finance expert Frederick Simanjuntak, who handles finance transactions in the technology space. Hilton King remains a key contact in the team.

Indonesia > Real estate Tier 2

Makarim & Taira S. acts for oil and gas companies, power plant developers, resort owners and manufacturers on land acquisitions, in addition to leasehold arrangements, structuring of development projects and property investments. The team also has experience advising hotel operators on contractual matters in Indonesia. Rahayu Ningsih Hoed leads the team and advises on land acquisitions for infrastructure and mining projects, while Harris Toengkagie focuses on land disputes.

Indonesia > Restructuring and insolvency Tier 2

Led by senior partner Rahayu Ningsih Hoed, the team at Makarim & Taira S. acts for multinational financial institutions on insurance liability issues, in addition to advising foreign banks on bankruptcy proceedings and restructuring matters concerning Indonesian companies. On account of its alliances with Drew & Napier LLC in Singapore, and Shearn Delamore & Co in Malaysia, the practice is well-placed to manage cross-border instructions. Managing partner Lia Alizia represents clients in bankruptcy cases, while foreign consultant Hilton King advises on restructurings matters in the mining sector.

Indonesia > Intellectual property Tier 3

Noted for its expertise in the hospitality and retail sectors, Makarim & Taira S. acts for its roster of clients on trademark registration and licensing matters. Managing partner Lia Alizia, who is noted for her capability in IP litigation, jointly leads the practice alongside Norma Mutalib, who advises on the IP aspects of hotel franchising and management arrangements. Key clients include Hilton Worldwide Manage Limited, Foot Locker Retail and Global Hospitality Licensing, to name a few.