Southeast Asia - Indonesia
3

Restructuring and insolvency

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FKNK Law Firm

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FKNK Law Firm is skilled in handling settlement agreements and repayment delay issues for clients particularly within the corporate finance sector and state-owned enterprises. The firm is sought out for its expertise in the PKPU process, handling formal restructuring processes and the negotiations involved within composition plans. Highly praised practice head, Martin Patrick Nagel, possesses impressive knowledge of commercial disputes, transactions and the debt restructuring process. Noted for his ‘collaborative communication style’, Nagel leads his team in handling cases for creditors or the insolvent as well as keeping stakeholder interests a priority. Alongside him, Ichsan Perwira Kurniagung and Aldi Firmansyah have experience in corporate law, advising clients through complex litigation processes.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Their deep understanding of the complex legal and financial landscape, coupled with a pragmatic and results-oriented approach, is exceptional. The team is also able to build strong relationships with creditors, debtors, and other stakeholders.’

  • ‘Martin Patrick Nagel has a deep understanding of insolvency law and its application, and extensive experience in restructuring and insolvency cases either as debtor and creditors' legal counsel or administrators to PKPU. This provides him with a wealth of experience and perspectives, which help us navigate through complex restructuring cases.’

  • ‘FKNK Law Firm provides practical, measured, and efficient solutions to address corporate financial issues through court restructurings. They involve a broad team, including financial advisors and other competent law firms.’

  • ‘Martin Patrick Nagel has extensive experience and knowledge in the fields of bankruptcy and corporate restructuring. He is a flexible individual who can collaborate effectively with various parties, ensuring the success of the restructuring goals.’

  • 'Aldi Firmansyah knows what a client wants and can tailor a solution which is both commercial and smart.'

  • ‘FKNK Law Firm’s restructuring and insolvency practice is recognised for its extensive expertise and innovative approach to handling complex restructuring cases. The team's strengths include a thorough understanding of legal and financial intricacies, backed by significant experience as PKPU administrators and legal advisers.’

  • ‘Martin Patrick Nagel is notable for his extensive experience in restructuring engagements, serving both as a PKPU administrator and as a legal adviser. His expertise in navigating complex legal landscapes and strategic foresight has been critical in achieving successful outcomes in numerous cases.'

  • 'Martin Patrick Nagel’s has a collaborative communication style, fostering relationships with stakeholders, including clients, creditors, and regulatory bodies.'

Key clients

  • PT Bank Negara Indonesia (Persero), Tbk.
  • PT Dok & Perkapalan Kodja Bahari
  • BNI Asset Management
  • SC Lowy Financial (HK) Limited
  • PT Bank Mega, Tbk.
  • PT Mega Capital Sekuritas
  • Ancora Group
  • PT Narendra Interpacific Indonesia

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Martin Patrick Nagel, Ichsan Perwira Kurniagung

Other key lawyers

Aldi Firmansyah