SSEK Wins 3 Trophies at ALB Indonesia Law Awards

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SSEK Legal Consultants was honored three times at the inaugural ALB Indonesia Law Awards, underscoring the depth and quality of the firm.

SSEK was recognized as the Construction Law Firm of the Year and the Employment Law Firm of the Year. SSEK also won Real Estate Deal of the Year.

Rusmaini Lenggogeni, SSEK’s managing partner, said the awards were special because they were recognition of the work done by SSEK and the firm’s strong relationship with its clients. “I want to thank all of our clients for placing their trust in SSEK and giving us the opportunity to do award-winning work.” Read more »

Foreign Investment in Indonesian Real Estate

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By Dyah Soewito and Denny Rahmansyah

Indonesia’s Agrarian Law provides that foreigners can only acquire right to use (hak pakai) title for land if they reside in Indonesia. If foreign investors wish to engage in business in Indonesia, they must establish a foreign capital investment (PMA) company.

A PMA company is able to acquire a right to build (HGB) or a hak pakai title. The HGB or hak pakai title may also be placed over the seller’s pre-existing right of ownership (hak milik) or right to manage (hak pengelolaan) titles. Under the applicable regulation, individual foreigners are allowed to own residential property under the hak pakai title. Specifically, foreigners who provide benefits to national development, reside permanently or temporarily in Indonesia, and have proper immigration documents can purchase the following: Read more »

SSEK Named a Top Indonesian M&A Firm

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SSEK Legal Consultants has again been recognized as one of Indonesia’s leading mergers and acquisitions firms by Asian Legal Business (ALB).

ALB noted that Southeast Asia had seen an increase in M&A activity over the last several years, including a “visible surge in the first half of 2014″. It said M&A activity in the region was likely to continue its growth, driven by the “encouraging growth rates, attractive manufacturing costs and burgeoning middle class of several jurisdictions”.

ALB flagged the upcoming integration of the 10 members of the Association of Southeast Asian Nations into the ASEAN Economic Community (AEC), which is expected to happen by the end of 2015. It said the AEC would create a “trading bloc of more than 600 million people with a GDP exceeding $5.6 trillion, which would make it the seventh-largest economy in the world”.

The ALB rankings of top M&A firms were based on the volume, complexity and size of work, a firm’s visibility and profile in the marketplace, presence across Asia and in individual jurisdictions, and key clients and new client wins. Read more »

SSEK Founding Partners Shortlisted for Asia Women in Business Law Awards

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SSEK founding partners Dyah Soewito and Ira A. Eddymurthy are finalists for the Euromoney Legal Media Group Asia Women in Business Law Awards.

Ms. Soewito is a finalist in the category Best in Shipping and Ms. Eddymurthy is a finalist for Best in M&A and Private Equity.

The Asia Women in Business Law Awards recognize Asia’s leading women in the legal profession. Winners will be announced ┬áNovember 13 during a ceremony in Hong Kong.

Legal Alert August 2014

Legal Alert - 2012

Please find attached the latest Legal Alert for August 2014.

SSEK’s Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia.

Click here: Legal Alert August 2014

The New Geothermal Energy Law: New Hope for Geothermal Energy Development in Indonesia

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By Bambang Dhanisworo and Dewi Mayangsari

Indonesia is one of the world’s most volcanically active countries and among the countries with the greatest geothermal energy potential. Dwindling production of traditional energy sources such as oil and gas has the Government of Indonesia (“GOI”) seeking alternatives to maximize national energy production. That includes developing geothermal energy, which is expected to play a larger role in Indonesia’s energy production going forward.

To this end, the GOI has introduced provisions to better manage geothermal energy, through a new law approved by the House of Representatives (“DPR“) in August 2014, Law No. 21 of 2014 (“New Geothermal Law”).

The New Geothermal Law was proposed by President Susilo Bambang Yudhoyono in August 2013. It contains new provisions that are more industry-friendly compared to the previous law on geothermal energy, Law No. 27 of 2003 (“Law 27/2003″). The highlights of the New Geothermal Law are as follows: Read more »

E-Commerce Guidelines for Indonesia

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Indonesia is becoming one of the most dynamic e-commerce markets in the world. With a population of 250 million, a growing middle class and more than 82 million internet users, Indonesia is attracting the interest of more investors, both foreign and domestic.

SSEK’s Dewi Mayangsari and Saprita Tahir have produced a legal guide to the e-commerce business in Indonesia. This guide covers everything from setting up a website and internet advertisements to e-payments and data privacy rules.

Click here to see the full guide.

Employment Law and the Hospitality Industry: A Free Webinar

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SSEK’s Richard D. Emmerson will take part in an Employment Law Alliance webinar on October 23, 2014, titled “Immigration Issues in the Hospitality Industry: A Global Perspective.” You can click here to register.

Global expansion in the hospitality industry creates unique challenges depending on the location of the new business development. Can low- or mid-level employees be transferred to the foreign location? Are there special immigration processes for higher-level management or executives?

This free webinar brings together legal experts from Asia, the U.S., Europe and the Middle East who will highlight the practical and legal aspects of hiring foreign nationals in hospitality jobs and provide guidance on the following:

  • How education, experience and job title matter in the immigration process.
  • What are the most important issues to consider when terminating a foreign national?
  • Is the relocated employee subject to the laws of the home country, host country, or both? Read more »

SSEK Shortlisted in 9 Categories at ALB Indonesia Law Awards

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SSEK Indonesian Legal Consultants has been announced as a finalist in nine categories at the inaugural 2014 Indonesia Law Awards.

SSEK has been shortlisted for:

  • M&A Deal of the Year
  • Real Estate Deal of the Year
  • Construction Law Firm of the Year
  • Deal Firm of the Year
  • Dispute Resolution Law Firm of the Year
  • Employment Law Firm of the Year
  • Energy and Resources Law Firm of the Year
  • Insolvency and Restructuring Law Firm of the Year
  • Shipping Law Firm of the Year

The nine nominations underline the strength of SSEK across all major practice areas.

Winners will be announced during a ceremony on October 28 in Jakarta.

SSEK Named In-House Community Firm of Year in Multiple Practice Areas

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SSEK Indonesian Legal Consultants has been recognized as an Asian-MENA Counsel In-House Community Firm of the Year in five practice areas. The firm was also voted a joint winner in the prestigious category of Most Responsive Domestic Firm of the Year for Indonesia.

SSEK, a full-service corporate and commercial law firm based in Jakarta, was recognized as Firm of the Year in Indonesia for Compliance/Regulatory, Employment, Energy & Natural Resources, Environmental, and Telecommunications, Media & Technology.

SSEK received honorable mentions in three other practice areas: Anti-Trust/Competition, Corporate and M&A, and Real Estate/Construction.

This is the sixth straight year that SSEK has been honored as an Asian-MENA Counsel Law Firm of the Year. Read more »