Restructuring/Insolvency
Asia-Pacific Guide 2025 : Indonesia
Band 2
Email address
[email protected]Contact number
+62 21 521 2038About
Provided by SSEK Law Firm
The experience and expertise of SSEK set it apart from other restructuring and insolvency practices in Indonesia. When the Asian financial crisis hit the country in 1997, SSEK played an important role in helping to shape the new Bankruptcy Law that Indonesia passed in response to the crisis. This hands-on experience in helping to draft the Bankruptcy Law, and SSEK’s network of contacts in government offices, gives us a unique insight into Indonesia’s restructuring and insolvency regime.
SSEK has been involved in first-of-its-kind work for Indonesia related to the acquisition of non-performing loans and in working out NPLs.
Our restructuring team works closely with SSEK's market-leading M&A practice to restructure Indonesian entities in connection with acquisitions by multinational companies.
Chambers Review
SSEK Law Firm is a full-service law firm in Jakarta that has strong expertise in debt restructuring and insolvency work, spanning a range of sectors including aviation and mining. The department is well placed to represent international creditors in PKPU proceedings, as well as non-performing loan acquisitions and debt recovery.
Work Highlights
- SSEK acted as Indonesian counsel to Euronet Worldwide in connection with the cross-border acquisition of Infinitium Holdings, a digital payments company and provider of risk management and payments authentication services based in Singapore and subsidiaries in Malaysia and Indonesia.
Strengths
Provided by Chambers
"The firm was always reachable to assist with our queries. They always worked to facilitate thoughtful discussions."
"SSEK is a very responsive team with in-depth experience and knowledge of local law and nuances."
"The firm was always reachable to assist with our queries. They always worked to facilitate thoughtful discussions."
"SSEK is a very responsive team with in-depth experience and knowledge of local law and nuances."
Notable Practitioners
Dewi Savitri Reni in Jakarta is experienced in advising clients on non-performing loan transactions and liquidation proceedings, as well as debt restructuring and corporate restructuring.
"Dewi Savitri Reni is a very experienced partner with strong market knowledge and great communication skills."
"Working with Dewi is very nice because she is very professional and is a real expert in her field. She conveys the intricacies of complex issues well and allows us to put her advice into action."