SSEK Lawyers Recognized as Leaders in Legal 500 Asia Pacific Rankings

SSEK Leading Lawyers_ Legal 500 2017

Six partners and foreign legal advisors at SSEK Legal Consultants have been recognized as Leading Lawyers for their work in multiple practice areas in The Legal 500 Asia Pacific 2017 guide to the region’s top lawyers and law firms.

  • Dyah Soewito – Projects and Energy, Shipping
  • Ira A. Eddymurthy – Banking and Finance, Capital Markets, Corporate and M&A
  • Darrell R.  Johnson – Projects and Energy
  • Michael D. Twomey – Corporate and M&A
  • Richard D. Emmerson – Employment
  • Michael S. Carl – Corporate and M&A, Restructuring and Insolvency
  • Read more »

    New Regulation in Indonesia Amends the Facilities Requirements for Public-Private Partnerships

    Infratructure

    By Awang Fahrizal

    Indonesia’s Ministry of Finance (“MOF”) recently issued MOF Regulation No. 129/PMK.08/2016 regarding the amendment of MOF Regulation No. 265/PMK.08/2015 regarding Facilities for the Preparation and Implementation of Public-Private Partnership (“PPP”) Project Transactions for the Provision of Infrastructure (“MOF 129/2016″).

    MOF 129/2016 amends MOF Regulation No. 265/PMK.08/2015 (“MOF 265/2015″) and introduces several new provisions.

    MOF 265/2015 provides facilities to improve the implementation of PPP projects. These facilities are provided by the MOF to the Responsible Party for any given PPP project (Penanggung Jawab Proyek Kerjasama or “PPJK”). PJPK can be the Minister, Head of Institution, Head of Region, State-Owned Enterprise or Regional-Owned Enterprise, as the provider or organizer of the infrastructure project.

    Facilities include (a) facilities for the preparation of a PPP project (i.e., the (i) preparation of the final assessment of pre-feasibility study, and (ii) preparation for the review and/or supporting documents for the final assessment of pre-feasibility study), and/or (b) assistance facilities in a PPP transaction (i.e., the (i) implementation of the provision of business entity, (ii) implementation to execute the PPP contract, and (iii) financing for the PPP project). Read more »

    Legal Alert November 2016

    Legal-Alert

    Please find the SSEK Legal Alert for November 2016. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Read more »

    SSEK Partner Dyah Soewito Recognized in Expert Guides

    Dyah-Soewito_72dpi

    SSEK founding partner Dyah Soewito has been recognized for Energy and Natural Resources, Real Estate, and Shipping in Legal Media Group’s Expert Guides 2016.

    Dyah was also selected for inclusion in Expert Guides: Guide to the World’s Leading Women in Business Law 2016.

    Dyah is supervising partner of SSEK’s real estate and shipping practices. She is regularly recognized by independent legal publications as one of Indonesia’s leading practitioners. Read more »

    New Regulation Allows Direct Appointment of Regional-Owned Enterprises for Construction Projects

    Construction

    By Ira A. Eddymurthy and Awang Fahrizal

    The Indonesian government recently issued Government Regulation No. 54 of 2016 regarding the Third Amendment to Government Regulation No. 29 of 2000 regarding the Implementation of Construction Services (“Third Amendment”).

    The Third Amendment introduces additional provisions similar to those in the previous amendment, namely Government Regulation No. 79 of 2015 regarding the Second Amendment to Government Regulation No. 29 of 2000 regarding the Implementation of Construction Services (“Second Amendment”). This Second Amendment allowed state-owned enterprises (“SOEs”) to be directly appointed to Government construction projects without having to go through a public tender, limited tender or direct selection process. This provision on direct appointments applies to business activities that fall under construction consultation and supervision, construction implementation, and integrated construction services.

    The newly issued Third Amendment introduces a provision that allows Regional-Owned Enterprises (“ROEs”) the same treatment as SOEs. This means ROEs can be directly appointed to national strategic projects by Regional Governments without having to go through a public tender, limited tender or direct selection process. Read more »

    SSEK Again Earns Top Rankings in New Legal 500 Asia Pacific Guide

    Top_tier_firms

    SSEK Legal Consultants has again been recognized as one of the leading corporate law firms in Indonesia in The Legal 500 Asia Pacific 2017 guide to the region’s 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 and Finance
                  • Corporate and M&A
                  • Employment
                  • Real Estate
                  • Restructuring and Insolvency
                  • Shipping

    SSEK was recommended in five other practice areas:

    • Capital Markets
    • Dispute Resolution
    • IT and Telecoms
    • Projects and Energy
    • Tax Read more »

    SSEK Named Asian-MENA Counsel In-House Community Firm of the Year

    Asian-MENA Counsel Firm of the Year 2016

    SSEK Legal Consultants has been recognized as an Indonesian Firm of the Year in multiple practice areas in Asian-MENA Counsel’s 10th annual survey of in-house counsel in Asia and the Middle East.

    SSEK was recognized as 2016 Firm of the Year for Real Estate/Construction and Telecommunications, Media & Technology.

    It received an honorable mention for Corporate and M&A.

    Firm of the Year recognitions are based on feedback from corporate counsel on those law firms that had made a significant impression on them in the past year. Read more »

    SSEK Contributes Indonesia Chapter to Book on International Secured Transactions

    International Secured Transactions

    SSEK partner Ira A. Eddymurthy and senior associate Dewi Savitri Reni have contributed the Indonesia chapter to the publication “International Secured Transactions.”

    The publication, organized by the Center for International Legal Studies and published with West Thomson Reuters,  examines the UNCITRAL (United Nations Commission on International Trade Law) Draft Guide on Secured Transactions, which is designed to promote increased access to low-cost credit by encouraging the introduction of effective and efficient domestic-secured transactions laws around the world.

    The book offers analysis of secured transactions law in more than 30 commercial jurisdictions.

    Ira Eddymurthy and Dewi Reni survey Indonesian law on secured lending and compare Indonesian law with the terms of the UNCITRAL model law.

    SSEK Recognized in New IFLR1000 Financial and Corporate Rankings

    IFLR1000 Top Tier Firm

    SSEK Indonesian Legal Consultants is highly ranked in IFLR1000′s Financial and Corporate 2017 rankings of leading law firms and lawyers.

    SSEK is recognized as a leading firm for Banking & Finance, Capital Markets, M&A, Project Finance and Restructuring & Insolvency.

    Seven of SSEK’s partners and foreign legal advisors were also endorsed as Leading Lawyers. They are Dyah SoewitoIra A. EddymurthyFitriana MahiddinDarrell R. JohnsonMichael D. TwomeyJonathan M. Streifer and Michael S. Carl.

    SSEK partner Fahrul S. Yusuf was recognized as a Rising Star. Read more »

    Indonesian Employment Law Update: Minimum Wage

    Labor & Employment

    By Richard D. Emmerson and Indrawan D. Yuriutomo

    There have been a couple of recent developments in Indonesia as regards monthly minimum wages that employers should take note of.

    2017 Minimum Wage for Jakarta

    First, the Governor of Jakarta has issued a new regulation on the minimum wage for 2017, Regulation No. 227 of 2016 dated October 27, 2016 regarding the Jakarta Provincial Minimum Wage for 2017 (“Reg. 227″). Beginning January 1, 2017, the minimum wage in Jakarta will be IDR 3,355,750 per month.

    Under Reg. 227, companies in Jakarta are prohibited from paying workers less than IDR 3,355,750 per month. Companies can, however, seek to defer the application of the new minimum wage by submitting an application for postponement to the governor’s office no later than 10 days before January 1, 2017.

    The Jakarta minimum wage is going up 8.25% in 2017 from the previous year.

    Deferral of Minimum Wage

    In a related development, Indonesia’s Constitutional Court has issued Decision No. 72/PUU-XIII/2015 dated September 29, 2016 regarding Judicial Review of the Employment Law. The Constitutional Court found the phrase “but is not required to comply with the prevailing minimum wage provision for the period of deferment” in the elucidation of Article 90(2) of the Indonesian Employment Law to be unconstitutional and not legally binding. Read more »