Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer
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Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer houses a bankruptcy and restructuring practice which is renowned for its strong track record in proceedings involving the aviation and private capital sectors. Debby Sulaiman supervises the team and is adept at handling an array of matters, ranging from implementing composition plans to representing clients in bankruptcy and debt payment suspension (KPKU) proceedings. Adrianus (Tommy) Adritomo exhibits strength in high profile contentious matters, regularly dealing with civil litigation and out of court negotiations. Harris Toengkagie joined the team from Makarim & Taira S. in October 2024.
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Work highlights
Represented multiple lessors on the court-supervised debt restructuring of national flag carrier Garuda Indonesia and the proposed repossession and redelivery of aircraft on lease to Garuda, including overseeing implementation of the Garuda composition plan ratified by the Commercial Court, and working with our clients to ensure the airline fulfills its repayment plan.