IABF Law Firm (IABF) > Jakarta, Indonesia > Firm Profile

IABF Law Firm (IABF)

Indonesia > Banking and finance Tier 4

IABF Law Firm (IABF) advises clients across a range of industries on compliance and regulatory matters, restructurings, transactions and day-to-day operational matters. Ivan Ferdiansyah Baely heads the team and is recommended for debt restructuring, M&A, and bankruptcy work.

Practice head(s):

Ivan Ferdiansyah Baely

Key clients

PT Aviasi Pariwisata Indonesia (Persero)

PT Len Industri (Persero)

PT Aviasi Pariwisata Indonesia (Persero)

Chailease International Financial Services (Singapore) Pte. Ltd.

Chailease International Financial Services Co. Ltd.

PT Sinergi Komunitas Indonesia

Work highlights

  • Representing PT Aviasi Pariwisata Indonesia (Persero) in applying for State Equity Participation (Penyertaan Modal Negara or PMN) to be distributed to its holding members, which includes PT Pengembangan Pariwisata Indonesia (Persero), PT Angkasa Pura 1 (Persero) dan PT Sarinah (Persero).
  • Representing PT Len Industri (Persero), a state-owned company engaged in communication equipment and infrastructure in relation to its IDR1,100,000,000,000 or equal to approximately $78.6m loan restructuring from PT Bank Negara Indonesia (Persero) Tbk and PT Bank Mandiri (Persero) Tbk.
  • Representing PT Aviasi Pariwisata Indonesia (Persero), a state-owned holding company in aviation and tourism in relation to IDR500,000,000,000 or equal to approximately $35.7m loan facility provided by PT Bank Tabungan Negara (Persero) Tbk to PT Aviasi Pariwisata Indonesia.

Indonesia > Corporate and M&A

Under the leadership of Ivan Ferdiansyah Baely, IABF Law Firm (IABF) advises emerging companies, financial institutions and investment funds on M&A and commercial matters.

The firm: IABF Law Firm (IABF)’s focus is on building ongoing relationships with clients. One way in which it assists clients beyond standard legal services is by tapping into its strong network of both private and public sector contacts in Indonesia, in connecting clients with relevant business contacts, market intelligence and opportunities.

Our team is selected from a range of diverse career backgrounds, including multi-national corporations, national and international law firms, financial institutions, government bodies and university academia. This breadth of experience and sector knowledge contained within our team guarantees that we guide our clients to the best commercial business outcome available.

The firm’s clients range from individuals and start-up enterprises to leading business companies in Indonesia, including large national and multinational companies, state-owned enterprises, banks, financial institutions as well as international firms.

The firm’s vision is to be a leading business law firm in Indonesia, trusted and respected by clients for consistently delivering smart, practical legal services, and known for teamwork, professionalism and respect.

Department Name Email Telephone
Ivan F. Baely baely@iab-net.com +62 21 5790 5090
Number of lawyers : 25
Indonesian (Bahasa Indonesia)

COMPANY/FIRM: Director of Corporate Strategy and Business Development at Airport Support Company Cardig International in Jakarta
TESTIMONIAL: “IABF has assisted me in several companies and projects since 2011. We are very satisfied with their work. Their legal and commercial knowledge and their problem-solving approach have assisted us in achieving the best commercial business outcome”


COMPANY/FIRM: CEO of Research and Business (RB) Consulting in Jakarta
TESTIMONIAL: “IABF has been helpful in navigating any legal issues in contracting, along with the associated risks. Ivan Baely and his team always present clear options, with the pros and cons. At the end, if it is not fundamental, they will always respect my decisions and make sure that whatever decisions I make, I will still be protected legally.”

COMPANY/FIRM: Chief Financial Officer at the Government-Owned Enterprise Angkasa Pura II in Jakarta
TESTIMONIAL: “Ivan Ferdiansyah Baely, a partner at IABF, is one of the best choices for dealing with state entities. The company has been engaging in a professional relationship with IABF since May 2020. We are pleased with the deliverables, and the result was excellent, timely and in good quality”.

COMPANY/FIRM: Legal Manager at the Indonesia Stock Exchange in Jakarta
TESTIMONIAL: “Baely is well versed in capital markets laws, and has been involved in many capital market-related transactions involving the stock exchange, including information and technology matters. IABF is widely known as a leading firm in the capital markets and information technology sectors, and hence it has sufficient resources to assist us in several projects”.

Diversity Commitment

At IABF Law Firm, we strongly believe our people are our greatest asset. We are committed to fostering an inclusive environment that attracts and retains the best possible lawyers.

Our team is selected from a range of diverse career backgrounds, including multi-national corporations, national and international law firms, financial institutions, government bodies and University academia. Furthermore, we strongly welcome and support the professional careers of attorneys from different experiences, culture and nationality. This breadth of experience and sector knowledge contained within our team guarantees that we guide our clients to the best commercial business outcome available.

Our diversity become a key part for us in providing best service to our client from different background and these individuals share a strong commitment to increase the firm capability and prepare us for a global marketplace. By appreciating and respecting diversity, we are elevated as a firm in whole and as practitioners individually.

Pro-bono and Community Service

IABF’s pro bono work is an important component of our commitment to diverse communities. We strive to assist those in need and to provide support for anyone that contribute to the quality of life in our communities.

Few examples of IABF pro-bono services:

  1. IABF Law Firm are being involved in assisting Indonesian Animal Welfare Organization to propose new regulations on the animal protection and welfare. Together with Animal Welfare Organization, we attended meetings with People’s Representative Council (Dewan Perwakilan Rakyat) of Republic Indonesia to carry out perfection of the regulations related to the animal welfare to ensure that animal rights in Indonesia is properly protected.
  2. Provide free legal aid and undertake public interest litigation and advocacy activities to ensure that opportunities for securing justice are not denied to any person for any reason.

Full project details

Comparative research on laws governing disability discrimination in employment and judicial and civil services appointments for non-profit improving access to justice for poor and marginalised people

Describe project or issue for which you are requesting legal assistance:

Bangladesh Legal Aid and Services Trust (BLAST) is the largest specialized non-governmental legal services organization in Bangladesh, supporting the poor and marginalised to access formal and informal justice systems.

Banking and finance IABF Law Firm was representing PT Angkasa Pura II (Persero), the state-owned company which operates airports in Indonesia, including the Soekarno-Hatta International Airport, in relation to (i) debt restructuring with its creditors with the total value of IDR11.500.000.000.000 or equal to USD791,739,350; and (ii) new loan facilities provided by State-Owned Banks with total value of IDR 3.500.000.000.000 or equal to USD240,964,150.

PT Angkasa Pura II (Persero) as the debtor required to restructure its debt to its existing creditors, i.e:

  1. PT Bank Negara Indonesia (Persero) Tbk
  2. PT Bank Maybank Indonesia Tbk
  3. PT Bank Mandiri (Persero) Tbk
  4. PT Bank Tabungan Negara (Persero) Tbk
  5. PT Bank Rakyat Indonesia (Persero) Tbk.
  6. PT Sarana Multi Infrastruktur (Persero)
  7. Lembaga Pembiayaan Ekspor Indonesia/Indonesia Eximbank
  8. PT Indonesia Infrastruktur Finance

Further, PT Angkasa Pura II (Persero) also obtained new loan facilities from the State-Owned Banks as follows:

  1. PT Bank Negara Indonesia (Persero) Tbk
  2. PT Bank Mandiri (Persero) Tbk
  3. PT Bank Tabungan Negara (Persero) Tbk
  4. PT Bank Rakyat Indonesia (Persero) Tbk.

IABF Law Firm role in this transaction including proving the legal feasibility study on the restructuring scheme based on law’s perspective, drafting or reviewing the loan agreements as well as assisting the client to negotiate with the creditors and assisting the client until the whole transaction is completed.


Litigation The firm appointed by the Chris Burden Estate (the “Estate”) to represent Nancy J. Rubins, the wife of the late Chris Burden (an American artist), in filing a copyright lawsuit against a Bandung theme park called “Rabbit Town” and its owner. The Estate claimed that an installation named “Love Light” displayed at Rabbit Town is infringing Chris Burden’s right as it is very similar to Burden’s artwork “Urban Light” which was installed in Los Angeles County Museum of Art (LACMA) since 2008.

The Plaintiff is supported by expert testimony from Miranda Risang Ayu, S.H., LL.M., Ph.D. which said that there must be at least two criteria to determine plagiarism in copyright: similarity and originality.

The defendant failed to prove that Love Light was independently created without taking inspiration from Urban Light, since the Plaintiff has managed to prove that the Defendant has access to the artwork by visiting Urban Light at LACMA. The Plaintiff also managed to prove the similarity in substantial part between Urban Light and Love Light. Considering the above, the Court found that the Defendants has violated Chris Burden’s copyright by copying and modifying it into Love Light, without permission from the Plaintiff and without mentioning the source of inspiration.

The Panel of Judges read the verdict No. 31/Pdt.Sus-Hak Cipta/2020/PN.Niaga.Jkt.Pst, as follows:

  1. Declare the Defendants has committed a copyright infringement;
  2. Take out the Love Light installation within 30 days after the decision become final and binding;
  3. Take out every merchandise, pictures, goods, related to Love Light;
  4. Pay 1 billion IDR compensation to the Plaintiff;
  5. Announce public apology to the Plaintiff in 3 (three) local newspaper and social media.


The Presiding Judges later said that this case should be an example for all Indonesian’s artists not to copy other’s works even if they are from abroad. Appeal in Supreme Court is still ongoing.

Matter Value: Matter value: IDR1 billion or equal to USD68,729.