Restructuring/Insolvency - Indonesia
What the team is known for
Hiswara Bunjamin & Tandjung has a strong reputation for its expertise in debt restructuring proceedings in Indonesia, providing local and cross-border advice via its association with Herbert Smith Freehills. The team is instructed on matters spanning the aviation, real estate, energy and TMT sectors, among others. Acting for both creditors and debtors, the team counts Credit Suisse, Greylag Goose Leasing and Bumi Resources among its clientele.
Strengths
"Hiswara Bunjamin & Tandjung are responsive and give good advice, but are also focused on achieving a commercial solution."
"They are always available to bounce ideas off of, and to think of practical solutions. They are able to assemble a team of relevant practice experts to provide guidance."
Work highlights
Hiswara Bunjamin & Tandjung advised more than ten subsidiaries of Nordic Aviation Capital, as lessor, in relation to the debt restructuring of Garuda Indonesia.
Notable practitioners
Debby Sulaiman is a leading debt restructuring lawyer in Jakarta, who is active across different industry sectors including aviation, property and energy. She advises both debtors and creditors. "She always provides practical solutions that international clients in Indonesia can utilise. She is a very safe pair of hands."