Archive for August, 2016

Legal Alert (for blog post)

Legal Alert July 2016

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

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SSEK Represents CGIF in Notes Issuance

SSEK Indonesian Legal Consultants has represented the Credit Guarantee and Investment Facility (CGIF) in its role as guarantor in the issuance of two tranches of medium-term notes in the amount of IDR 140 billion (US$10.7 million). A joint venture multi-finance company issued the notes. The SSEK team was led by founding partner Ira A. Eddymurthy, [...]

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Indonesian Legal Review: Environment

By Wynne Prasetyo Among recent actions taken by Indonesian President Joko Widodo to strengthen regulatory and enforcement functions in the environmental sector was the integration of two previously separate but interlinked departments to become the Ministry of Environment and Forestry (“MOEF”), through the issuance of Presidential Regulation No. 16 of 2015 regarding the Ministry of [...]

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SSEK Acts as Indonesian Counsel for Alibaba in Lazada Purchase

SSEK Indonesian Legal Consultants has acted as Indonesian counsel to Alibaba Group Holding in its US$1 billion purchase of a controlling stake in Southeast Asian online retailer Lazada Group, as has been widely reported. As reported, Alibaba will buy US$500 million of newly issued shares from the online retailer, and a further US$500 million from [...]

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Whistleblowing and Indonesian Employment Law: Rules for Companies

By Richard D. Emmerson and Andini H. Dewi Whistleblower protections in Indonesia primarily relate to criminal matters. The main legislation related to whistleblowers is the Witness and Victim Protection Law. However, companies often inquire whether there are any whistleblowing rules under the Indonesian Employment Law (Law No. 13 of 2003). Whistleblowing and the Employment Law [...]