Pramudya Oktavinanda

Practice Areas

M&A, Securities, Restructuring and Special Situations, Projects

Career

Pramudya Oktavinanda (Pram) is the Managing Partner of UMBRA – Strategic Legal Solutions and the go-to lawyer for any challenging and state-of-the-arts transactions that require systematic combination of immense legal skills, business acumen, pragmatic attitude, and imaginative thinking.

During his nearly two decades of career, Pram has represented major governmental, local and international clients in some of the largest and most sophisticated national and cross border transactions covering the full spectrum of legal services that include: (i) mergers, acquisitions and spin-offs of public and private corporations, (ii) special situations, corporate, debt & pre-IPO restructuring, (iii) corporate compliance, investigative audits, and out-of-court complex dispute settlement, (iv) product development and compliance service for TMT business (including creation of digital apps and new technology), (v) project development and financing (conventional and Sharia) for power, energy, infrastructure and TMT industry, (vi) public policy making and government relations, (vii) public offerings and private placements of equity and debt securities (covering local and international offerings under Rule 144A/Reg S of the US Securities Act of 1933), and (viii) estate planning for conglomerates and family-owned company groups. His wealth of experience covers more than 300 deals with a combined value of deals closed in the amount of at least USD65billion.

In addition to being academically trained in the art of Law & Economics, Legal Interpretation, and Islamic Law as a Doctor of Jurisprudence from the University of Chicago Law School, Pram is well versed in various intricate industries such as telecommunication, broadcasting, digital and new technology (including over-the-top, blockchain, and IoT), data & analytics service, power, energy, infrastructure, and state-owned enterprises.

After founding UMBRA in November 2017, Pram was immediately acknowledged by numerous prominent international legal directories for his skills and leadership in Indonesian legal market, developing UMBRA from a 3-lawyer firm to one of the biggest firms in Indonesia (with 70 fee earners around the clock), becoming the fastest growing and the youngest law firm with the most numbers of awards in the history of Indonesian legal industry.

Pram is also the youngest Indonesian lawyer to date who has received the largest number of accolades and recognitions from reputable international and local legal directories, a feat that he has consistently maintained since 2018. To name a few of his achievements, he is consecutively named as one of Asian Business Law Journal’s Top 100 Indonesian Lawyers (2018-2022), nominated as the youngest ever “Deal Maker of the Year” by Asian Legal Business (ALB) in its 2018-2021 Indonesian Law Firms Award, and acknowledged as a “Highly Regarded – Leading Lawyer” for M&A and Capital Market Transactions in IFLR 2019-2022 Edition and “Distinguished Practitioner” for M&A and Capital Market in Asia Law 2020-2022.

Most recently, Pram is awarded as: (i) 2022’s ALB Asia Super TMT Lawyer, being one of the most outstanding TMT practitioners across the Asian region who have earned wide recognition in terms of client service, (ii) 2021’s ALB Dealmaker of Asia for Indonesia jurisdiction, being one of the standout lawyers who helped make the deals happen in a record year for both M&A and IPO activity, and (iii) Lawyer of the Year for Corporate and M&A in 2021’s and 2020’s Asialaw Awards – Client Service Excellence, being the highest rated lawyer to work with by clients in Indonesian corporate and M&A deals.

Professional Memberships

Member of the Association of Indonesian Advocates (PERADI).

Member of the Association of Capital Market Legal Consultants (HKHPM).

Member of the American Law & Economics Association (ALEA).

Registered as a Capital Market Supporting Professional with the Indonesian Financial Services Authority (OJK).

Publications

Is the Conditionally Constitutional Doctrine Constitutional?, Indonesia Law Review Vol. 8, No. 1 (2018), Faculty of Law, University of Indonesia.

Indonesian Constitutional Court rules (again!) on Electricity Law, Baker & McKenzie Newsletter (Co-Author) (December 2016).

Perlindungan Hak Tersangka Dalam Perspektif Hukum dan Ekonomi (Protection of Suspects’ Rights in Law and Economics Perspective), Teropong Law Journal of the Faculty of Law, University of Indonesia (Special Edition on The New Draft of Indonesian Criminal Procedure Act) (2016).

Public Choice Theory dan Aplikasinya dalam Sistem Legislasi Indonesia (Public Choice Theory and Its Application in Indonesian Legislative System), Jentera Law Journal on Rule of Law edition (2015).

Litigasi Keuangan di Bidang Pasar Modal Dalam Tinjauan Hukum dan Ekonomi (Securities Litigation in Law and Economics Perspective), Jurnal Hukum dan Pasar Modal (Journal of Law and Capital Market) (2014).

Special Purpose Vehicle Dalam Tinjauan Hukum dan Ekonomi (Special Purpose Vehicle in Law and Economics Perspective), Journal of Indonesian Corruption Watch (2013).

Penanaman Modal Asing Melalui Pasar Modal: Ketidakpastian Hukum yang Belum Tuntas Terjawab (Foreign Capital Investment through Capital Markets: The Unsettled Legal Uncertainties), Jurnal Hukum dan Pasar Modal (Journal of Law and Capital Market) (Co-Author) (2013).

Pendekatan Hukum dan Ekonomi Terhadap Kejahatan Pemerkosaan (An Economic Analysis of Rape Crimes), Jentera Law Journal on Women and Law edition (2012).

Sukuk Law – An Indonesian Legal Perspective, Islamic Finance News Vol. 5, Issue 31 (Co-Author) (2008).

Penawaran Tender dan Beberapa Permasalahannya (Tender Offer and Its Various Issues), Jurnal Hukum dan Pasar Modal (Journal of Law and Capital Market) (Co-Author) (2006).

Penerapan Good Corporate Governance: Mengesampingkan Hak-Hak Istimewa Demi Kelangsungan Usaha (Implementation of Good Corporate Governance: Waiving Special Rights for Pursuing Business Sustainability), book published by PT Prenada Kencana Media (Co- Author) (2006).