Ira A Eddymurthy

Practice Areas

Banking and finance, including project finance + Capital markets + Corporate law + Energy + Insurance law + Mergers and acquisitions + Tax law

Career

Ira A. Eddymurthy is a founding partner of SSEK Law Firm and one of the most experienced and highly regarded lawyers in Indonesia. She has more than three decades of experience advising multinationals and domestic companies on Indonesia’s complex regulatory environment. Ira specializes in corporate law and mergers and acquisitions, capital markets, banking law, finance, including project finance, insurance law, and tax law.

Clients praise Ira’s “sophisticated knowledge of Indonesian law” and “comprehensive knowledge and understanding of the commercial aims of clients.”

Ira has been named to IFLR Asia Best Lawyers, which recognizes the top individual legal practitioners in the region, and is included in IFLR1000 Women Leaders, which recognizes the leading female transactional lawyers in the world who are consistently recommended by clients and peers for the quality of their advice and service.

She is named by Chambers and Partners, The Legal 500 and Asialaw as a leading practitioner in Indonesia for corporate law and M&A and has been included in the Asia Business Law Journal A-List of the Top 100 lawyers in Indonesia every year since the list was introduced in 2018.

Ira has been admitted to the Indonesian National Board of Arbitration (BANI) panel of arbitrators. She was elected to the Honorary Board of the Indonesian Capital Market Legal Consultants Association (HKHPM) for 2024 to 2027.

Professional Memberships

• Member of the Indonesian Advocates Association (Peradi) and leads the International Division of Peradi

• Indonesian Capital Market Legal Consultants Association (HKHPM), member of the Honorary Board (2024-2027)

• Panel of arbitrators at the Indonesian National Board of Arbitration (Badan Arbitrase Nasional Indonesia or BANI).

• International Bar Association

• Inter-Pacific Bar Association (IPBA) and represented the Indonesian jurisdiction of the IPBA from 2002-2008

Publications

• Corporate Governance 2024 Chambers Global Practice Guide (Indonesia chapter)

• Corporate M&A2024 Chambers Global Practice Guide (Indonesia chapter)

• Directors’ Duties: Climate Risk and Sustainability Disclosures – Indonesia, October 2024

• Law and Jurisdiction in Insurance and Reinsurance Contracts

• ESG in APAC: jurisdictional overview on ESG reporting, transition planning and greenwashing

• Primer on Directors’ Duties and Disclosure Obligations 2023

• Guide to Pharmaceutical Advertising in Indonesia

• Indonesia’s New Personal Data Protection Law and the Impact on M&A Transactions

• Doing Business in Indonesia, Thomson Reuters Practical Law

• The Comparative Guide on Cryptocurrency Legislations & Guidelines 2022

Work Highlights

• Acting as Indonesian counsel to The Yokohama Rubber Company, Limited in its acquisition of The Goodyear Tire & Rubber Company’s off-the-road (OTR) tire business for $905 million, as has been announced.

• Acted as Indonesian counsel to Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (Mindray) in connection with the acquisition of a 75% equity interest in DiaSys Diagnostic Systems GmbH from Gorka Holding GmbH, through Mindray Medical Netherlands B.V. The acquisition included the subsidiaries of DiaSys, including its Indonesian subsidiary, PT Prodia Diagnostic Line (Proline).

• Advised PT Indosat Tbk on the establishment of a data center joint venture with Indosat subsidiary PT Aplikanusa Lintasarta and BDx Asia Data Center Holdings Pte. Ltd.

• Acted for PT Indo Kordsa Tbk, a leader in tire cord technology, in a merger with its subsidiary PT Indo Kordsa Polyester.

• Acted as Indonesian counsel to American private equity firm Lone Star Funds in the sale of its interest in Altadia Group (Spanish ceramic tile products manufacturer) to global investment firm Carlyle.

• Assisted Restaurant Brands Asia Limited, a listed Indian company that operates major F&B brands, as Indonesian counsel in the acquisition of a controlling stake in PT Sari Burger Indonesia, the franchisee of Burger King in Indonesia.

• Assisted a bidder, a multinational banking and financial services company headquartered in Singapore, with its contemplated acquisition of a controlling stake in one of Indonesia’s largest banks by assets.

• Led the SSEK team that advised Malaysian investment holding company RII Holdings Sdn Bhd on its acquisition of a substantial equity interest in a leading Indonesian logistics company.

Languages Spoken

English, Indonesian

Education