Archive for May, 2017

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Recent Developments in Bankruptcy Law and Suspension of Debt Payments in Indonesia

By Dewi Savitri Reni and Dimas Indartono Indonesia has had a bankruptcy law since 1905, when Staatsblad 1905 No. 217 juncto Staatsblad 1906 No. 348 Concerning Bankruptcy was enacted. In response to the 1997-98 Asian financial crisis, and the view that the 1905 bankruptcy law was out of date and irrelevant to modern commercial needs, [...]

Oil & Gas Regulation 2017

Restrictions on Contractors in the Indonesian Oil and Gas Sector

By Fitriana Mahiddin and Syahdan Z. Aziz There are a number of rules for Production Sharing Contract (“PSC”) Contractors in Indonesia’s oil and gas sector, including those on the export of production, currency exchange and the transfer or disposal of development rights. Subject to obtaining requisite export approvals, a Contractor is entitled to export its [...]

Labor & Employment

Salaries of Foreign Workers Seconded to Indonesia

By Wynne Prasetyo Bank Indonesia has refined its position regarding the exemption of a cross-border supply of services from the currency requirement, particularly in the case of a foreigner who is employed by a foreign company and seconded to an Indonesian company (Article 8.(1).b.1 of Bank Indonesia Regulation No. 17/3/PBI/2015 and Article C.3.b.1 of Bank [...]

Employment Law Alliance

Update on Free Employment Law Webinar on the Implications of Brexit for Businesses in UK and EU

The Employment Law Alliance is offering a free 75-minute webinar on “The Implications of Brexit: What Does It Mean for Businesses in the UK and Across the EU?” This free webinar is now scheduled for Wednesday, June 14 (the date has been changed from May 24). Webinar Description It has been nearly a year since [...]

Michael S. Carl

Michael Carl of SSEK Features at Asia Bancassurance Conference

Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, was a featured speaker at the 18th Asia Conference on Bancassurance and Alternative Distribution Channels, organized by Asia Insurance Review. The conference was held May 15-16 at Hotel Mulia Senayan in Jakarta. Michael discussed foreign ownership of insurance companies in Indonesia, and looked [...]

AMC DOTY_2013

SSEK Wins Deal of Year for Alibaba Acquisition of Lazada

SSEK Indonesian Legal Consultants has been recognized in Asian-MENA Counsel’s Deals of the Year 2016 for our involvement in Alibaba’s US$1 billion purchase of a controlling stake in Southeast Asian online retailer Lazada Group. SSEK acted as Indonesian counsel to Alibaba as part of the acquisition. The SSEK team was led by founding partner Ira [...]

Shipping

Indonesia Extends Cabotage Exemption

By Dyah Soewito and Stephen Igor Warokka The Indonesian Shipping Law and its implementing regulations contain Indonesia’s cabotage rules, requiring that domestic sea transportation be carried out by an Indonesian shipping company using an Indonesian-flagged vessel and an Indonesian crew. These provisions are broadly interpreted to cover most vessels, including different types of vessels operating [...]

ALB SE Asia Law Awards 2017

SSEK Nominated for 6 Awards at 2017 ALB SE Asia Law Awards

SSEK Indonesian Legal Consultants is a finalist in six categories at the Asian Legal Business SE Asia Law Awards, which recognize the leading law firms and lawyers in the region. SSEK is nominated for: Energy and Resources Law Firm of the Year Technology, Media and Telecommunications Law Firm of the Year M&A Deal of the [...]

SSEK

SSEK Features at AmCham Indonesia Discussion on Work Permits

The American Chamber of Commerce in Indonesia (AmCham Indonesia) hosted a discussion on Tuesday, May 9, on work permits. Coping with Work Permits: Finding the Way Forward was moderated by Darrell R. Johnson, the senior foreign legal adviser at SSEK Indonesian Legal Consultants, and featured SSEK senior associate Stephen Igor Warokka. The session took participants [...]

Michael Carl

Michael Carl of SSEK to Speak at Asia Bancassurance Conference

Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, will be a featured speaker at the 18th Asia Conference on Bancassurance and Alternative Distribution Channels, organized by Asia Insurance Review. The conference will be held May 15-16 at Hotel Mulia Senayan in Jakarta. Michael will discuss Legal Issues and M&A Deals in [...]