Archive for April, 2014

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SSEK Wins Asian-MENA Counsel Deal of the Year

SSEK has been recognized for its work on the BlueScope Steel and Nippon Steel joint venture, which was named a 2013 Deal of the Year by Asian-MENA Counsel. This US$1.36 billion deal involved a tie-up between Australia’s BlueScope Steel and Japan’s Nippon Steel. Nippon Steel acquired a 50 percent stake in BlueScope Steel as part [...]

World Book Day

SSEK Celebrates World Book Day

SSEK celebrated World Book Day on April 23 by organizing an office book drive, with the collected books donated to worthy organizations that are helping to spread the joy of reading in Jakarta. Thanks to everyone at SSEK, we were able to collect close to 250 books. The collected children’s books were donated to Yayasan [...]

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Capital Opportunities for Indonesia

Asian Legal Business, which is owned by Thomson Reuters and is a leading legal publication in Asia-Pacific and the Middle East, recently published a report on the outlook for Indonesia’s capital markets. SSEK partner Fahrul S. Yusuf was quoted extensively in the report. Fahrul says that Indonesia requires deeper capital markets for greater stability. “Deeper [...]

Courtesy of bdeslaw.com

Review of Indonesian Courts under the Supreme Court

By Mahareksha Dillon & Dewi Savitri Reni Article 24 of the Indonesian Constitution stipulates that two institutions have judicial authority in the country, namely the Supreme Court (Mahkamah Agung or “MA”) and the Constitutional Court (Mahkamah Konstitusi or “MK”). These two institutions are independent of one another. Law No. 48 of 2009 regarding Judicial Authority [...]

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SSEK to Speak at M&A Event

SSEK’s managing partner, Rusmaini Lenggogeni, is speaking on Wednesday, April 23, at a complimentary event for Chinese companies investing or considering an investment in Indonesia. The event, M&A Periscope, is being organized with Deloitte Indonesia. Speakers will examine the legal and tax implications of M&A transactions in Indonesia, in addition to exploring post-merger integration issues. [...]

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SSEK Advises Woori Bank on Acquisition of Stake in Listed Indonesian Bank

SSEK Legal Consultants acted as Indonesian counsel to Woori Bank of South Korea in its purchase of a 33 percent stake in Indonesia’s Bank Himpunan Saudara 1906 for 713.1 billion Rupiah, about US$61 million. Securing approval from Indonesia’s central bank, Bank Indonesia, for the purchase took about 18 months amid an evolving regulatory environment for [...]

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Legal Alert February 2014

Please find attached the latest Legal Alert for February 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 February 2014

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SSEK Named 2014 Indonesian Law Firm of the Year

SSEK Legal Consultants has been named the 2014 Indonesian Law Firm of the Year by Who’s Who Legal. This is the third-straight year SSEK has received this honor and the sixth overall. It was also recognized in 2013, 2012, 2008, 2007 and 2006. SSEK’s partners and advisers received sufficient nominations from their clients and peers [...]

Shuttle Launch - Courtesy of NASA

To Boldly Go Where No Man Has Gone Before: Commercial Activities under the Indonesian Outer Space Law

By Stephen Igor Warokka and Bambang Dhanisworo Space … the final frontier. Mankind entered the Space Age when Sputnik was launched into orbit in 1957. During the Cold War, the United States and the Soviet Union engaged in a full-fledged competition for supremacy in outer space through the Space Race. It was a race that [...]