Expertise: Corporate Law

PTs in Indonesia Told to Adjust Business Line Classifications

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The Indonesian Ministry of Law and Human Rights (“MOLHR”) and the Coordinating Ministry for Economic Affairs (“CMEA”) issued a joint announcement on October 11, 2018, which was published on the website of the Online Single Submission (“OSS”) system. According to the announcement, limited liability companies (Perseroan Terbatas or “PTs”) that were established or expanded their … PTs in Indonesia Told to Adjust Business Line Classifications

SSEK’s Denny Rahmansyah a Finalist for Managing Partner of Year at ALB Indonesia Law Awards

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SSEK’s Denny Rahmansyah is a finalist for Managing Partner of the Year at the Asian Legal Business (ALB) Indonesia Law Awards. Overall, SSEK has been short-listed for 14 firm, individual and deal awards, with the winners to be announced on October 4. Denny joined SSEK in 2001 and has been deeply involved in numerous major … SSEK’s Denny Rahmansyah a Finalist for Managing Partner of Year at ALB Indonesia Law Awards

Shareholder Activism in Indonesia

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While there is no specific definition of shareholder activism in Indonesia, and Indonesia does not recognize shareholder activism, the Indonesian Company Law (Law No. 40 of 2007 regarding Limited Liability Companies) gives certain rights to each shareholder and minority shareholder that allow them to influence the company’s actions. Each share grants its owner the right … Shareholder Activism in Indonesia

SSEK Lawyers Named to Asia Business Law Journal A-List of Indonesian Lawyers

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SSEK partners and foreign legal advisors have been named to Asia Business Law Journal’s A-List of Indonesia’s Top 100 Lawyers. SSEK’s A-List lawyers are founding partners Dyah Soewito and Ira A. Eddymurthy, and foreign legal advisors Michael D. Twomey, Jonathan M. Streifer and Michael S. Carl. The A-List of Indonesia leading lawyers was compiled based … SSEK Lawyers Named to Asia Business Law Journal A-List of Indonesian Lawyers

Mandatory Disclosure of Beneficial Owners in Indonesia

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Legal entities in Indonesia are now required to declare the identity of beneficial owners and provide information on their beneficial ownership, following the recent enactment of Presidential Regulation No. 13 of 2018 regarding the Implementation of the Principle on Recognizing Beneficial Ownership of Corporations in the Framework of the Prevention and Eradication of Money Laundering … Mandatory Disclosure of Beneficial Owners in Indonesia

SSEK Earns Top Rankings in 2018 Legal 500 Guide to Leading Lawyers and Law Firms in Indonesia

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SSEK has again been recognized as one of the leading corporate law firms in Indonesia in The Legal 500 Asia Pacific 2018 guide  to the top law firms and lawyers. Based on client feedback and the work of the firm’s lawyers, SSEK earned the highest ranking in six practice areas:   Banking & Finance Corporate/M&A … SSEK Earns Top Rankings in 2018 Legal 500 Guide to Leading Lawyers and Law Firms in Indonesia

SSEK Lawyers Recognized in New IFLR1000 Financial and Corporate Law Rankings for Indonesia

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Six partners and foreign legal advisers at SSEK have been recognized as leading lawyers in IFLR1000’s 2018 rankings of the leading financial and corporate law firms and lawyers in Indonesia. They are:   Dyah Soewito Ira A. Eddymurthy Fitriana Mahiddin Michael D. Twomey Jonathan M. Streifer Michael S. Carl Client Feedback Ira A. Eddymurthy “Ira … SSEK Lawyers Recognized in New IFLR1000 Financial and Corporate Law Rankings for Indonesia

SSEK Adviser Michael Carl Discusses Foreign Investment Regulation and M&A Transactions in Indonesia at LAWASIA Conference

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Michael S. Carl, an international legal adviser at SSEK, was a featured speaker at the recent LAWASIA Conference in Tokyo. Michael discussed foreign investment regulation and M&A transactions in Indonesia. Michael joined SSEK in 2004 and has nearly 20 years of experience practicing law in Southeast Asia. Before joining SSEK, he was associated with the … SSEK Adviser Michael Carl Discusses Foreign Investment Regulation and M&A Transactions in Indonesia at LAWASIA Conference