Expertise: Restructuring & Insolvency

SSEK Top Tier for Indonesia in New Benchmark Litigation Asia-Pacific Rankings

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SSEK Law Firm earned two top-tier firm rankings for Indonesia in the 2023 edition of Benchmark Litigation Asia-Pacific, the definitive guide to the region’s leading dispute resolution firms and lawyers. In addition, three SSEK partners were recognized as leading dispute resolution lawyers for Indonesia. SSEK was ranked Tier 1 for:   Insolvency Labor and Employment … SSEK Top Tier for Indonesia in New Benchmark Litigation Asia-Pacific Rankings

SSEK Wins Restructuring Deal of Year at IFLR Asia-Pacific Awards 2023

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SSEK Law Firm won Restructuring Deal of Year at the IFLR Asia-Pacific Awards 2023 for its role in the Garuda Airlines restructuring. The Garuda restructuring required critical cross-border structuring to coordinate Indonesia’s suspension of debt payment obligation (PKPU) regime with the English scheme processes. Standout features included the debt profile, compliance challenges related to the … SSEK Wins Restructuring Deal of Year at IFLR Asia-Pacific Awards 2023

SSEK Law Firm Acts for Creditors in Garuda Indonesia Restructuring

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SSEK Law Firm acted for several creditors in the US$9.8 billion debt restructuring of flag carrier Garuda Indonesia, one of the largest and most complex suspension of debt payment obligation (PKPU) proceedings in Indonesian history. SSEK’s clients in the PKPU process included maintenance, repair and operations (MRO) vendors, including a leading multinational aerospace company. The … SSEK Law Firm Acts for Creditors in Garuda Indonesia Restructuring

Restructuring and Insolvency in Indonesia: Overview

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SSEK partners Denny Rahmansyah and Mahareksha Singh Dillon have written a Q&A guide to restructuring and insolvency law in Indonesia. Restructuring and Insolvency in Indonesia: Overview The Indonesia restructuring and insolvency Q&A provides a high-level overview of the most common forms of security granted over immovable and movable property; creditors’ and shareholders’ ranking on a … Restructuring and Insolvency in Indonesia: Overview

SSEK’s Michael Carl Discusses PKPU Process in Indonesia

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Michael S. Carl, a foreign legal advisor at SSEK, was a featured speaker at a recent webinar, Utilising Singapore (and Other Offshore Jurisdictions) to Restructure Indonesian Companies. The webinar was organized by INSOL International and the Asian Business Law Institute (ABLI). During the webinar, Michael shared that Indonesia’s PKPU (suspension of debt payment obligations) process has … SSEK’s Michael Carl Discusses PKPU Process in Indonesia

SSEK’s Michael Carl to Speak at Webinar on Restructuring Indonesian Companies

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Michael S. Carl, a foreign legal advisor at SSEK, is a scheduled speaker at an upcoming webinar, Utilising Singapore (and Other Offshore Jurisdictions) to Restructure Indonesian Companies. The webinar is scheduled for Monday, March 29. It is organized by INSOL International and the Asian Business Law Institute. Event Overview Singapore is emerging as the jurisdiction … SSEK’s Michael Carl to Speak at Webinar on Restructuring Indonesian Companies

The Indonesia Adventure – SSEK’s Michael Carl Speaks with the Asian Business Law Institute

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Being close neighbours, Indonesia and Singapore have extensive economic and human ties, and many businesses in one of the countries have operations or presence in the other. Catherine Shen of the Asian Business Law Institute (ABLI) spoke to Michael S. Carl, Senior Foreign Legal Adviser at SSEK Legal Consultants, on his first-hand observations of the … The Indonesia Adventure – SSEK’s Michael Carl Speaks with the Asian Business Law Institute

SSEK’s Michael Carl to Speak at Webinar on Restructuring Indonesian Companies

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Michael S. Carl, a foreign legal advisor at SSEK, is a scheduled speaker at an upcoming webinar, Utilising Singapore (and Other Offshore Jurisdictions) to Restructure Indonesian Companies. The webinar is scheduled for Monday, March 29. It is organized by INSOL International and the Asian Business Law Institute. Event Overview Singapore is emerging as the jurisdiction … SSEK’s Michael Carl to Speak at Webinar on Restructuring Indonesian Companies