FKNK Law Firm
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FKNK Law Firm has a ‘good understanding of the commercial side of restructuring and insolvency’ and is particularly active in the hospitality, shipping, and finance sectors. The practice is chaired by Martin Patrick Nagel, who is hailed by clients as a ’truly standout individual’. He is adept at handling the entire life cycle of a restructuring proceeding, acting for both secured and unsecured creditors. Aldi Firmansyah is an authority in contentious matters, while Ramos Romatua Sidjabat is recognised for his ability in asset transfer negotiations and debt payment postponements.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Restructuring and insolvency cases are often not just about the insolvency law itself. They touch on corporate law, finance, litigation, tax, and employment law. They have also worked on a lot of major restructuring deals with various industry exposures such as aviation, textile and garment, media, manufacturing, etc. ’
Key clients
- PT Bank Negara Indonesia (Persero), Tbk.
- PT Dok & Perkapalan Kodja Bahari
Work highlights
Managed the administration for PT Adhi Persada Properti in a complex debt postponement case involving a staggering Rp 4.75 trillion and over 1,000 creditors, achieving a favorable restructuring and debt repayment process.