BACK TO SSEK.COMWritten by Darrell R. Johnson and Kharisma Perwiro On February 21, 2012, the Indonesian Government issued Government Regulation No. 24 of 2012 (“GR 24”) which amended Government Regulation No. 23 of 2012 on the Implementation of Coal and Mining Activities. (For a full English Translation of GR 24, click here). GR 24 is the implementing [...]
Posts Tagged ‘M&A’
New Indonesian Mining Divestment Requirements
April 11th, 2012 
david 
Posted in Legal Updates, slideshow 
Tags: Contracts, Economic Development, Energy, indonesia, Investment, M&A, Mining, Natural Resources 
1 Comment »Attorney in Focus: Fahrul S. Yusuf & Kharisma D. Perwiro
February 6th, 2012 david Every year since 1994, SSEK sends some of our associates to study overseas as part of our professional development program. Today, we talk with Fahrul Salam Yusuf and Kharisma Dwi Perwiro about their recent overseas study trip. Where did you go and why? We went to Tokyo. We were given an opportunity by SSEK to [...]
Posted in Firm News Tags: anti-monopoly, Attorney, indonesia, M&A, Professional Development No Comments »Bank Ownership: From 99% to less than 50%
November 24th, 2011 david Written by Bezaliel B. Erlan. Bankers and investors in Indonesia are now restless in the face of growing uncertainty in terms of investment in Indonesian banks and proposed possible limits on shareholding. This is due to Bank Indonesia’s (the Indonesian Central Bank or BI) draft regulation on bank ownership, which is still only on a [...]
A Guide to Indonesian Employment Law: Business Sales
October 10th, 2011 david This is the fifth part of our 7-part blog series on labour and employment issues in Indonesia. Richard Emmerson will address a new topic each week. Some of our previous posts looked at discrimination, family and maternity leave, and employee representation. BUSINESS SALES 1. On a business sale (either a share sale or asset transfer) [...]
Mergers & Acquisitions: New Anti-Monopoly Rules
July 12th, 2011 david Written by Rusmaini Lenggogeni When the Parliament and the Government of Indonesia passed Law No. 5 of 1999 regarding the Prohibition of Monopolistic Practices and Unfair Business Competition (the “Anti-Monopoly Law”), it was not anticipated that the implementation of the regulation would take years. Nevertheless, it was not until July 2010 that the Government finally [...]
On Firmer Ground: the Labour Framework in Indonesia
July 12th, 2011 david Written by Richard Emmerson In recent years, Indonesia’s labour environment has become exceptionally complicated. Labour laws and regulations change frequently, and whilst the creation of a relatively new Labour Court has improved the reporting of important decisions, it has also resulted in some inconsistent decisions. On the whole, restrictions on the use of fixed term [...]
Covering your bases: M&A in Indonesia
July 12th, 2011 david Written by Jonathan Streifer Overview of Mergers & Acquisitions in Indonesia Mergers and acquisitions in Indonesia are principally governed by Law No. 40 of 2007 regarding Limited Liability Companies (the Company Law). The Company Law defines a merger as “a legal act of one or more limited liability companies to merge with another limited liability [...]
Posted in Legal Updates Tags: anti-monopoly, Investment, Labour & Employment, M&A, Negative Investment List No Comments »
