As you are aware, the pandemic of COVID-19 has caused major disruptions to businesses globally and with it comes important legal issues to address.

Indonesia is the world's fourth most populous country in the world with 270 million population. It is the world's 10th largest economy in terms of purchasing power parity, and a member of the G20 with a vast natural resource.

印尼是全球人口第四大国家，共有2.7亿人口，亦是全球购买力第十大的经济体，并以丰富的天然资源成为G-20国家之一。印尼的国内经济正在增长ʌ

Following the disappointing decision by the Constitutional Court (click here to read our update on this topic), secured creditors suffer another setback as a result of a decree1 issued by the Chairman of the Supreme Court.

The New Insurance Law provides that the procedures and requirements relating to a creditor's application are to be governed through the OJK regulations.

Commissioners of Indonesian limited liability companies actually have a lot of potential liability pursuant to the provisions of Law No. 40 of 2007 concerning Limited Liability Companies ("Company Law").

Indonesia's vibrant business landscape offers substantial opportunities. Nevertheless, there are certain aspects that creditors must be aware of to better protect their interests when local partners...

The Supreme Court recently issued a decision cancelling a settlement agreement despite creditors' approval.

Indonesia's growing economy offers a wealth of opportunities for foreign investors. Nonetheless, as in any jurisdiction, investors should obtain proper advice before entering commercial...

Indonesia's central bank, Bank Indonesia ("BI"), has issued BI Regulation Number 21/2/PBI/2019 concerning the Reporting of Foreign Exchange Activities ("Regulation 2/2019").

The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008.

インドネシアは、世界で四番目に人口の多い国で、その総人口数は2億7000万人になります。購買力平価でいうと世界で十番目の経済大国であり

The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008. As part of efforts to check the spread of the virus, the Indonesian government

The COVID-19 global pandemic has taken a toll on the Indonesian economy, underlining the need for financial institutions to have adequate liquidity in the face of uncertain times

Indonesia has no specific definition or regulations on distressed assets. However, it is practically common to refer distressed assets as assets being sold due to certain issues...

In Indonesia, any restructuring or reorganization that relates to bankruptcy is regulated under Law No. 37 of 2004 concerning Bankruptcy and Suspension of Payment ("Bankruptcy Law").