Chambers Review
Provided by Chambers
Restructuring/Insolvency - Indonesia
What the Team is Known For
FKNK Law Firm has specialist lawyers with in-depth expertise in debt restructuring and insolvency proceedings in Indonesia. Members of the team at FKNK Law Firm are well placed to act as administrator or curator in restructuring and insolvency proceedings in Indonesia. The lawyers also represent Indonesian debtors in PKPU proceedings.
Strengths
I found the firm to be very knowledgeable, practical and commercial. These are the key traits necessary for a successful restructuring.
FKNK's solutions for restructuring have come across as credible commercial options. They take into account the concerns of stakeholders, commercial considerations and the need to balance a strategy.
Work Highlights
FKNK Law Firm advised Bank Negara Indonesia as the sole secured creditor in the restructuring case of Hitakara in the Commercial Court at Surabaya District Court.
Notable practitioners
Martin Patrick Nagel is respected for his experience in restructuring and insolvency in Indonesia, regularly representing debtors in PKPU proceedings. He is also instructed as an administrator in debt restructuring situations.
Martin is truly a pleasure to work with. He appreciates the client's considerations right away and can think outside of the box.
Martin Patrick Nagel understands the market movements deeply and is able to advise our clients accordingly. He is really quite practical in his advice too, which is invaluable.