Formal restructurings

• Represented some of the world’s largest aircraft and engine lessors in the USD 9.58 billion court-supervised debt restructuring (locally known as Penundaan Kewajiban Pembayaran Utang or “PKPU”) of Indonesian flag carrier PT Garuda Indonesia (Persero) Tbk. It was a highly notable formal restructuring in 2022, and he successfully defended the clients’ claims throughout the process.

• Represented a Switzerland-based bank in the PKPU and bankruptcy proceedings of an Indonesian real estate company and successfully defended the client’s claim in all proceedings;

• Represented two German banks in the PKPU of one of the largest steel manufacturing companies in Indonesia, which led to the revocation of the company’s PKPU status by the Jakarta Commercial Court;

• Advised an Indonesian power plant company in its PKPU restructuring, culminating in the homologation of the composition plan by the Jakarta Commercial Court. The formal restructuring process effectively restructured the client’s debt, which was approximately USD 32 million;

• Represented a Malaysian real estate company in the PKPU of one of the largest real estate companies in Indonesia and the implementation of its composition plan. He successfully defended the client’s claim and assisted in closing the land sale and purchase transaction;

• Represented a Hongkong-based private equity firm in the parallel PKPU proceedings of four palm oil plantation companies and their guarantors. He successfully defended the client’s claim and helped them negotiate favorable terms in the debtors’ composition plan;

• Represented a Korean-based multinational company in the PKPU of one of the largest mining companies in Indonesia. He successfully defended the client’s claim despite it was subject to an arbitration proceeding;

• Represented an Australian-based bank in the PKPU of one of the largest mining companies in Indonesia. He successfully defended the client’s claim throughout the process;

• Represented a UK-based bank as a secured creditor in the PKPU of the holder of an American convenience store chain in Indonesia. He successfully defendend the client’s claim throughout the process, which allowed the bank to take enforcement action against the securities granted by the debtor;

• Represented one of the largest and fastest growing cryptocurrency companies based in Singapore in relation to its parallel restructurings in the Asia Pacific region and compliance with local cryptocurrency legislation; and

• Represented a US-based telecommunication company in the PKPU of one of the largest retail and distribution companies in the mobile phone industry.

Commercial disputes

• Represented an Australian-based broadcaster company in a civil claim filed by an Iraqi citizen with respect to news on an asylum seeker disaster near Christmas Island. He successfully persuaded the Indonesian court to declare that the case was inadmissible;

• Acted for a Norwegian company in filing a breach of contract claim with an Indonesian court arising from a corporate guarantee against an Indonesian listed shipping company. He successfully persuaded the Indonesian court to render an interlocutory decision to consider the enforcement of a foreign court judgment in Indonesia;

• Represented the largest Indonesian petrochemical company in a civil claim filed by its service provider and filed a counterclaim before an Indonesian court. He successfully persuaded the Indonesian court to dismiss the claim;

• Represented the largest tire manufacturer in Indonesia in a civil claim filed by local communities before an Indonesian court where the clients’ land certificates and licences were at risk of revocation. He successfully persuaded the Indonesian court to declare that the case was inadmissible;

• Acted for one of the largest Korean manufacturers in filing a breach of contract claim arising out of a sale and purchase agreement against an Indonesian chemicals manufacturer in the Indonesian court. He successfully handled the case, making the counterparty sign a settlement agreement and promptly pay its outstanding debt to the client;

• Acted for an international consultancy firm in filing a civil claim against its former President Director and key personnel before an Indonesian court. He successfully persuaded the Indonesian court to declare that the President Director and key personnel committed an unlawful act against the client;

• Acted for an international insurance company in a claim filed by a third-party re-insurance policy holder before an Indonesian court. He successfully persuaded the Indonesian court to dismiss the case;

• Acted for an Indonesian mining company in filing a breach of contract claim arising from a share sale and purchase contract against two purchasers before the Indonesian Arbitration Centre. He successfully persuaded the tribunal to rule in favor of his client, finding the purchasers in breach of contract and awarding compensation to his client;

• Acted for a Korean-based multinational company in recognition and enforcement of a foreign arbitral award in Indonesia against one of the largest mining companies in Indonesia. He successfully persuaded the Indonesian court to recognise the foreign arbitral award and enforce it in Indonesia;

• Represented an international arbitration institution and two of its listed arbitrators in a civil claim filed by an Indonesian company before an Indonesian court. He successfully persuaded the Indonesian court to declare that the case was inadmissible;

• Advised a major real estate company in Indonesia in relation to a shareholder dispute and potential breach of fiduciary duty of a member of the board of directors appointed by the counterparty shareholder; and

• Represented an Australian-based mining company in 15 industrial relations claims brought by up to 750 employees and former employees of an Indonesian gold-mining company before the Industrial Relations Court.