Makarim & Taira S.

Managing Partner: Maria Sagrado

Number of partners: 10

Number of lawyers: 50

Languages: English, French, Indonesian

Firm Overview:

Makarim & Taira S. stands as a distinguished law Firm in Indonesia, tracing its roots back to its establishment in 1980 by Harvard alumni Nono Anwar Makarim and Frank Taira Supit. The Firm has evolved into a premier legal institution with a reputation for providing exceptional legal services.

Guided by a vision to further its standing as a leading Indonesian law Firm, Makarim & Taira S. has been trusted for delivering value-driven legal services and maintaining professional excellence for corporations worldwide. This vision aligns seamlessly with the Firm's core values of integrity, respect, accountability, collaboration, growth, service excellence, and compassion. These values form the bedrock of its approach to legal practice, ensuring that clients receive not only expert legal advice but also a commitment to ethical conduct, continuous improvement, and a genuine understanding of their challenges .

Practice Areas:

1. Antitrust & Competition
2. Banking & Finance
3. Capital Markets
4. Construction
5. Employment
6. Foreign Investment, General Corporate Practice
7. Franchising & Licensing
8. Insolvency & Restructuring
9. Intellectual Property Rights
10. Litigation, Arbitration & Dispute Resolution
11. Mergers & Acquisitions
12. Projects & Energy
13. Real Estate

Main Areas of Practice:

Banking & Finance:

Makarim & Taira S. is consistently rated ‘Highly Recommended’ among the top firms in Indonesia for banking and finance and is regularly instructed by major international banks as well as local banks, insurance companies, and other financial institutions. In addition to syndicated lending, the firm also advises clients on refinancing, debt restructuring as well as financial technology.

2 partners; 12 fee earners based in Jakarta

Key Clients: Avmax Aircraft Leasing Inc., Bank of America, Bangkok Bank, Bank BNI, Bank of China, Bank Mandiri, China Development Bank, CMB, CEXIM, DZ Bank, HSBC, ICBC, Sampoerna Strategic Group, UniCredit, UOB Kay Hian

Contact: Maria Sagrado (+6221 5080 8300)

Email: [email protected]

Corporate/M&A:

Makarim & Taira S. has extensive experience and expertise in all types of M&A transactions. The firm is noted for its extensive experience in all types of M&A transactions (stock and asset sales, mergers, spin-offs, as well as joint venture and strategic partnership transactions) in all major sectors, including financial technology, pharmaceutical, hospital, port related activities. As an independent law firm, Makarim & Taira S. has regularly collaborated with and is instructed by many international law firms on cross-border transactions.

6 partners; 40 fee earners based in Jakarta

Key Clients: Kimberly-Clark Corporation, Ferro Corporation, Zarubezhneft JSC, AEON Delight Co. Ltd. (part of AEON Group), PT TBS Energi Utama Tbk., Tuan Sing Holdings Limited, Visa Inc. Akamai Technologies Singapore Pte. Ltd., PT Kereta Api Indonesia (Persero), GE, PT Pertamina (Persero), Lotte Chemical, BASF, Hyundai, Samsung, LG Indonesia, IFF (International Flavours & Fragrance), RINA Spa

Contact: Hilton R. King (+6221 5080 8300)

Email: [email protected]

Employment:

Makarim & Taira S. provides advice to multinationals on all employment matters including fixed term and permanent contracts, mass terminations, labour unions, strikes and outsourcing. The firm’s employment department is best known for its effective structuring of mass redundancies. The firm has extensive experience in negotiations with employees and labour unions, having successfully advised a multinational bank respond to a national strike.

2 partners; 15 fee earners based in Jakarta

Key Clients: Amazon, Asian Paints, Bata, Worley, Twitter, ByteDance (TikTok), Marriot International

Contact: Rahayu Ningsih Hoed (+6221 5080 8300)

Email: [email protected]

Real Estate:

Makarim & Taira S. is known for successfully negotiating complex land acquisitions for a number of foreign embassies, power plant developers, resort owners, oil and gas companies, manufacturers, as well as for the mining industry. Matters of real estate often involve hundreds of original owners and conflicting parties with a variety of problems such as overlapping titles and unclear, missing or non-existent ownership certificates. The settlement of land disputes can often be challenging and requires considerable skill and local knowledge. The firm has first-hand experience in conducting major and complex direct land acquisitions for and behalf of its clients. The firm also has significant experience in drafting and negotiating leasehold arrangements, the structuring of strata title projects and assisting clients with investing in the property development business.

4 partners; 8 fee earners based in Jakarta

Key Clients: Mandarin Oriental, IHG, Hilton Worldwide Manage Limited, Starwood Hotels, Marriott Hotels, Club Med, Fairmont Raffles Hotels, Premier Inn, Choice Hotels, PT Summitmas Property, Tuan Sing Holdings Limited, PT Mega Manunggal Property, Louvre Hotels Group, Millenium & Copthorne International Limited.

Contact: Rahayu Ningsih Hoed (+6221 5080 8300)

Email: [email protected]

Dispute Resolution:

Makarim & Taira S. adheres to strict ethical principles when representing clients before Indonesian courts and arbitration panels. The firm’s seasoned litigators regularly represent clients as plaintiffs or defendants before Indonesian courts and assist clients with settling disputes and with formulating litigation strategies. The firm’s experience and expertise are broad. For instance, the firm has advised a major US-backed limited partnership in a civil claim concerning dumping allegations and have assisted officers of a major mining subsidiary with regard to forestry and environmental allegations.

2 partners; 15 fee earners based in Jakarta

Key Clients: PT Central Java Power, PT Jingdong Indonesia Pertama, PT Cirebon Energi Prasarana, PT Pentastra Pacific Invest, PT Cikarang Listrindo Tbk, Euravia Engineering and Supply Co. Ltd., POS-SEA Pte Ltd., Expeditors, Sumitomo Forestry

Contact: Rahayu Ningsih Hoed (+6221 5080 8300)

Email: [email protected]

Projects & Energy:

Makarim & Taira S. has participated in major power projects, including Banten, Cirebon, Tanjung Jati B, Cikarang, Sulut, Sulbagut, Bengkulu power plants, and other geothermal, hydro and renewable projects in Indonesia. It advised foreign investors in connection with the development of smelter of PT Freeport Indonesia, an oil storage and blending facility in Batam, the construction of PT Krakatau Steel’s blast furnace complex in Cilegon. As consultants to the Indonesia Infrastructure Initiative, M&T worked on the implementing regulations for railways, performed a study for developing a toll road toolkit, and assisted with pre-feasibility studies for major water supply projects. The firm's full service, pragmatic approach allows it to deal effectively with all types of power projects, mining-related issues, including regulatory advice, review of supply agreements, acquisition of land, settlement of boundary disputes, compliance with forestry and environmental laws and regulations.

4 partners; 25 fee earners based in Jakarta

Key Clients: PT Freeport Indonesia, Cirebon Power, PT TBS Energi Utama Tbk., PT Bhumi Jati Power, Samsung C&T Corporation, Sinohydro, Siam Cement Group, PT Tenaga Listrik Bengkulu, PT Cikarang Listrindo, Sumitomo Corporation, Marubeni Corporation, China Shenhua Energy Co. Ltd., Sinohydro, Asia Ecoenergy Development Limited

Contact: Vincent Ariesta Lie (+6221 5080 8300)

Email: [email protected]