Shareholder activism is not a defined term, nor is it recognized under any laws in Indonesia. The Indonesian Company Law, however, does provide minority shareholders with certain rights. These rights give them the ability to initiate certain actions that are essentially intended to protect them against potential losses that might be caused by a company’s … Corporate M&A in Indonesia – Activism
SSEK represented Nissan Motor Co., Ltd. in the acquisition of PT Nissan Motor Distributor Indonesia (“NMDI“) by PT IMG Sejahtera Langgeng, part of Indomobil, a leading Indonesian automotive group. SSEK assisted with the transaction agreements up to closing and with other agreements related to NMDI’s business operations prior to and after closing. SSEK also assisted … SSEK Represents Nissan Motor in Acquisition by Indomobil Group
All members of the board of directors of limited liability companies in Indonesia, whose primary duty is to carry out the day-to-day operations of the company and to represent the company, must perform their duties in good faith, for the best interest of the company and in accordance with the purposes and objectives of the … Corporate M&A in Indonesia – Duties of Directors
Ira A. Eddymurthy, a senior partner at SSEK, recently moderated a panel discussion on M&A Opportunities and Challenges in the COVID Era. The discussion touched on, among other topics, distressed M&A transactions, unique challenges for M&A transactions in the COVID-19 era, and how acquirers should approach distressed M&A during these times. The panel discussion was … SSEK Senior Partner Moderates Panel Discussion on M&A Opportunities and Challenges in COVID Era
A bid is made public in the case of either a mandatory tender offer (MTO), which follows a change of control, or a voluntary tender offer (VTO). Before the offeror can proceed with either, he or she must announce their intention to the public. The announcement must be reviewed by the Indonesian Financial Services Authority … Corporate M&A in Indonesia – Disclosure
Dewi Savitri Reni (Vitri), a partner at SSEK Legal Consultants, recently led an online session on Legal Due Diligence and Risk Prevention in M&A Transactions. The virtual training session was part of a Corporate Legal Career event organized by the Universitas Islam Negeri (UIN) law school alumni association. Vitri\'s practice include mergers and acquisitions, environmental … SSEK Partner Leads Online Session at UIN Law Career Event
SSEK partner Dewi Savitri Reni (Vitri) was named Dealmaker of the Year at the 2020 Asian Legal Business (ALB) Indonesia Law Awards. In addition to the recognition for Vitri, SSEK won firm awards for: Environmental Law Firm of the Year Insurance Law Firm of the Year The ALB Indonesia Law Awards recognize private practitioners and … SSEK Partner Named Dealmaker of Year at ALB Indonesia Law Awards
SSEK Legal Consultants has been recognized for the sixth straight year as a Tier 1 M&A law firm in Indonesia, in the Asian Legal Business (ALB) M&A rankings. SSEK was one of only six firms in Indonesia placed in Tier 1 in the 2020 rankings. The full report on the best M&A firms in Asia is … SSEK Named Leading M&A Law Firm in Indonesia
SSEK partner Dewi Savitri Reni (Vitri) will lead a webinar on performing an effective legal due diligence. The webinar is scheduled for Tuesday, August 25. Vitri will discuss the purpose and objectives of a legal due diligence and provide a better understanding of how a legal due diligence is performed. She will discuss the various … SSEK to Lead Webinar on Legal Due Diligence in Indonesia
Purchasing shares in a company, either from a selling shareholder or from the company itself, is the most common type of share acquisition in Indonesia. Asset acquisitions are also becoming more common for individuals acquiring business units. Other methods include mergers or amalgamations, where the target company may be dissolved into the surviving company and … Corporate M&A in Indonesia – Overview of Regulatory Field
