11 Dec 2024

ABNR Band 1 Firm in Chambers Fintech 2025

We are thrilled to announce that ABNR has been promoted to Band 1 in the Chambers Fintech Guide 2025! This highlights our dedication to excellence and innovation in fintech.Additionally, two of our lawyers have been ranked in Band 2 for fintech:Freddy Karyadi (for the second year) and Ayik C. Gunadi (first year). Special congratulations to Freddy and Ayik! Only five Indonesian lawyers are ranked…
13 Nov 2024

Indonesia Amends Immigration Law to Tighten Supervision and Enforcement

A number of significant changes to the rules governing immigration supervision and enforcement in Indonesia have been introduced by Law No. 63 of 2024 on the Third Amendment of Law No. 6 of 2011 on Immigration (“Third Amendment”).[1] The new legislation was enacted on 17 October 2024. In this ABNR Legal Update, we will focus on the following aspects of the Third Amendment: (i) use…
04 Nov 2024

ABNR Crowned ALB Indonesia Law Firm of the Year, Second Time in 3 Years

ABNR has been crowned Indonesia Law Firm of the Year for a remarkable second time in 3 years at the Asian Legal Business (ALB) Indonesia Law Awards. In addition, the firm took prestigious awards for: Antitrust and Competition Law Firm of the Year Banking and Financial Services Law Firm of the Year Project Finance Deal of the Year Managing Partner of the Year (Mr. Emir Nurmansyah) Data Privacy and…
24 Oct 2024

ABNR Gets Top Marks at Indonesian In-house Counsel Awards 2024

ABNR was named a “Most Recommended Law Firm” across five key practice areas at the 2024 In-house Counsel Choice Awards, held on October 18 at the Westin Resort Nusa Dua, Bali. The event formed part of the wider 2024 In-house Counsel Awards organized by Indonesia’s leading legal publisher, HukumOnline, in collaboration with the Indonesian Corporate Counsel Association (ICCA). The…
11 Oct 2024

Indonesia’s New Mother & Child Law Imposes Additional Obligations on Employers

Indonesia has enacted wide-ranging new legislation on maternal and child welfare during the first 1,000 days of a child’s life ("KIA Law").[1] In the employment sphere, this imposes a variety of new obligations on employers, while simultaneously clarifying a number of existing ones. Key Takeaways for Employers From the employer’s perspective, five aspects of the KIA Law are of…
01 Oct 2024

ABNR Dominates 2024 ABLJ Indonesia Law Awards: 17 Wins, ‘Indonesia Law Firm of the Year’

ABNR has emerged from the 2024 iteration of the Asian Business Law Journal (ABLJ) Indonesia Law Awards with the firm’s largest ever haul of trophies, including the coveted “Indonesia Law Firm of the Year” title. Besides being named law firm of the year, the firm received awards in a total of 16 other categories: • Best overall law firms • Arbitration & ADR • Aviation…
23 Sep 2024

Draft Presidential Regulation Envisages Mandatory Annual Legal Audits for Businesses and Other Entities

A draft presidential regulation (“Draft”) introduced in July will, if eventually promulgated in its present form, require every Indonesian business entity (badan usaha), legal entity (badan hukum), and public entity (badan publik) to undergo an annual legal audit to assess the legality of the entity and its actions, including its levels of legal compliance and good corporate governance.…
11 Sep 2024

ABNR Advises Indonesian State Rail Operator KAI on Conventional & Islamic Bond Issuances

ABNR advised Indonesian state rail operator PT Kereta Api Indonesia (KAI) on their recent issuances of conventional and Islamic bonds under a shelf registration. The newly issued bonds consist of: IDR 700 billion of conventional bonds (Obligasi Berkelanjutan I Kereta Api Indonesia Tahap II Tahun 2024); and IDR 300 billion of Islamic bonds (Sukuk Ijarah Berkelanjutan I Kereta Api Indonesia Tahap II…
26 Aug 2024

ABNR Advises Geo Energy Resources on USD 151-million Coal Road and Port Deal

ABNR advised Singapore-based coal company Geo Energy Resources group, as project owner and guarantor, on their recently signed agreement for the USD 151-million development of an approx. 92 km coal-haul road that traverses South Sumatra and Jambi provinces, Indonesia, and a 7500 dwt coal loading berth located in South Sumatra province. Under the agreement, the new infrastructure will be designed and…
20 Aug 2024

KPEI Collaborates with Other Financial Sector Institutions to Establish New Indonesian Money & Forex Clearing House

We are pleased to share that we have assisted PT Kliring Penjaminan Efek Indonesia (ID Clear) with the drafting of the shareholders agreement for the establishment of a new central counterparty clearing house (CCP) for the Indonesian money and foreign currency (forex) markets. ID Clear is the Indonesian stock exchange’s central counterparty clearing house for securities. The agreement to set…
14 Aug 2024

ABNR Open Day allows law students a fascinating peek into the life of legal professionals

We are excited to share the success of our second ABNR Open Day, which took place on Saturday, 10 August 2024. Building upon the success of last year’s event, this year’s was even more impactful, bringing together a new wave of aspiring law students eager to take on the challenge of commercial law. Our team was delighted to welcome the students, offering them an exclusive opportunity to…
19 Jul 2024

Indonesia’s FSA Issues New Regulation on Insurance Products and Marketing

The Financial Services Authority (“OJK”) has introduced a number of significant changes as regards how insurance companies should develop and market their products. These changes are set out in OJK Regulation Number 8 of 2024 on Insurance Products and Marketing Channels for Insurance Products[1] (“Reg. 8/2024”), which supersedes OJK Regulation Number 23 of 2015 on the same…
17 Jul 2024

ABNR Advises DFC on Loan Portfolio Guarantee for Bank Sahabat Sampoerna

ABNR has advised the United States International Development Finance Corporation (DFC) on their 50% loan portfolio guaranty of up to USD 100 million to PT Bank Sahabat Sampoerna for the expansion of the bank’s on-lending to eligible micro, small and medium enterprises, women-owned businesses and micro-finance institutions in Indonesia (“the Project”). The deal, which was closed on…
05 Jul 2024

OJK Moves to Strengthen Social Economy by Modernizing BPR Sector

Introduction An important, and frequently overlooked, aspect of the Indonesian financial services industry is the crucial role played by often privately owned savings and loan banks, known now as Bank Perkonomian Rakyat,[1] and their sharia-compliant equivalents, the Bank Perekonomian Rakyat Syariah[2] (collectively “BPR”). The operations of these financial institutions are restricted…
03 Jul 2024

ABNR Named ‘Best Full Service Law Firm of the Year 2024’ by HukumOnline

We are delighted to announce that ABNR has been named “Best Full Service Law Firm of the Year 2024” by prestigious Indonesian online legal publisher HukumOnline. This latest accolade for the firm underscores our consistent drive to providing outstanding legal services and achieving impressive outcomes for our clients. A total of 200 leading Indonesian law firms participated in this year’s…
10 Jun 2024

ABNR Advises Yamato on Acquisition of Indonesian Structural Steel Giant

We would like to congratulate our clients Yamato Kogyo Co., Ltd., Siam Yamato Steel Co. Ltd., and PT Hanwa Indonesia (the Indonesian subsidiary of a Hanwa Co., Ltd. of Japan) on their successful acquisition of 95% of shares in PT Nusantara Baja Profil (now PT Garuda Yamato Steel), from PT Gunung Raja Paksi, Tbk. and PT Gunung Garuda. The deal, valued at over USD 400 million, marks a significant milestone…
27 May 2024

ABNR Lawyers Stand Out in Annual ‘A List of Top 100 Lawyers’

We are pleased to share that Asian Business Law Journal (ABLJ), a prestigious Hong Kong-based legal publication, has once again recognized more lawyers from ABNR than from any other Indonesian law firm in their “A-List of Top 100 Indonesian Lawyers”. In its editorial comment, ABLJ says that “the A-List is compiled through research and nominations from in-house counsel in Indonesia…
17 May 2024

Indonesian FSA Closes off Public Company Reporting Loopholes by Requiring Disclosure of Shareholder Voting Rights and Share Encumbrances

The Indonesian Financial Services Authority (Otoritas Jasa Keuangan / “OJK”) has issued a new regulation on the reporting of shareholdings and the encumbering of shares in public companies. OJK Regulation No. 4 of 2024 (“Reg. 4” or the “New Regulation”),[1] which comes into effect on 28 August 2024, replaces the previous regulation on the same topics, OJK…
15 May 2024

Indonesia’s FSA Amends Fintech ‘Sandbox’ and Licensing Rules, Prepares for New Crypto-Asset Regulatory Role

BACKGROUND The Indonesian Financial Services Authority (Otoritas Jasa Keuangan,“OJK”) has made a number of changes to the fintech regulatory framework in Indonesia through the issuance of OJK Regulation No. 3 of 2024 on Financial Sector Technological Innovation (“FSTI”) (the “New Regulation”),[1] which replaces the previous legislation on the issue: OJK Regulation…
13 May 2024

ABNR Named ALB Employer of Choice for Sixth Year in a Row

ABNR has once again been named an Indonesian “Employer of Choice” by prestigious Singapore-based legal publication Asian Legal Business (ALB), marking the sixth year in a row that the firm has been recognized as an outstanding employer by ALB. With the firm currently expanding its headcount significantly, the award is a timely one as we continue to seek top Indonesian legal talent to join…
29 Apr 2024

Indonesia Issues New Rules on Operation of Rooftop Solar, Abolishes Net Metering

On 31 January 2024, the Indonesian Ministry of Energy and Mineral Resources (“MEMR”) issued a new regulation governing the installation and operation of private rooftop solar panel systems by customers of Public Interest Electricity Supply Business License Holders (Pemegang Izin Usaha Penyediaan Tenaga Listrik untuk Kepentingan Umum / “IUPTLU Holder”). The new instrument, MEMR…
26 Apr 2024

ABNR’s Project Gotham Deal Picks Up Prestigious International Award from IJGlobal

We are pleased to share that ABNR’s “Project Gotham” deal was named “Digital Infrastructure Deal of the Year, Data Centre” at the 2023 IJGlobal Annual Awards (APAC), which were presented in Singapore on April 17. IJGlobal, published by Euromoney Institutional Investor plc, London, is one of the world's largest and most reliable infrastructure and project finance data…
22 Apr 2024

Indonesia Moves to Provide Solid Legal Basis for Carbon Capture & Storage

1. Introduction The Government of Indonesia recently issued Presidential Regulation No. 14 of 2024 on Carbon Capture and Storage ("PR 14/2024" or the “new regulation”).[[1]] Carbon capture and storage (“CCS”) has emerged as a key strategy in climate change mitigation as it provides a way to reduce greenhouse gas emissions by injecting carbon underground. The new regulation…
21 Mar 2024

ABNR Partner Agus Ahadi Deradjat Named an ‘Asia Super 50 TMT Lawyer’ by ‘Asian Legal Business’

We are very pleased to share that ABNR partnerAgus Ahadi Deradjat(or Agung for short) is recognized as a leading lawyer in the annual “Asia Super 50 TMT Lawyers” listing featured in the March 2024 edition of prestigious, Singapore-based legal journal, Asian Legal Business (ALB). According to ALB, the annual ranking “showcases the top lawyers in the region’s fast-growing…
23 Feb 2024

ABNR Welcomes Two New Partners

ABNR Counsellors at Law is pleased to announce the appointment of two new partners, Mr. Rully Hidayat and Mr. Mahatma Hadhi. Their appointments, effective 1 January 2024, bring the total number of partners at ABNR to 23 (including two Netherlands-qualified and one New York-qualified foreign counsel). Mahatma, who joined the firm in 2007, specializes in energy and natural resources, mergers & acquisitions…
20 Feb 2024

ABNR Partner Maher Sasongko Named ‘Indonesia Rising Star’ by ‘Asian Legal Business’

We are very pleased to share that ABNR partner Mr. Maher Sasongko has been named an “Indonesia Rising Star 2024” by Asian Legal Business (ALB), a highly regarded, Singapore-based monthly legal journal. According to ALB, their “Indonesia Rising Star“ awards highlight the country’s “top up-and-coming lawyers” who are “not only delivering impressive results,…
19 Feb 2024

Indonesia Ups Mandatory Capital and Equity Requirements for Insurers Amid Continuing Jitters

A corruption case involving then executives of state-owned insurer PT Asuransi Jiwasraya (Persero) culminated in the company’s failure to pay out IDR 16 trillion (USD 1.1 billion) in matured policies due in October and November 2018. The case garnered significant public attention until it sank from the headlines following the outbreak of the Covid-19 pandemic in 2020. However, it was only one…
12 Feb 2024

ABNR advises Indonesian Rail Operator on USD 49-million Train Set Order

We would like to congratulate our valued client, PT Kereta Commuter Indonesia (KCI), a subsidiary of Indonesia’s state rail operator, PT Kereta Api Indonesia (Persero) (KAI), on their signing of a contract for the procurement of 3 new electric train sets from CRRC Sifang, Co. Ltd., one of the oldest railway rolling stock manufacturers in China. The contract, which was signed in Beijing on 31…
05 Feb 2024

ABNR Recommended Across 12 Practice Areas by Legal 500

Following hard on the heels of the 2024 Chambers Asia Pacific results that once again ranked ABNR as a leading Indonesian commercial law firm, ABNR’s position as a top-tier firm has been further confirmed by the 2024 rankings published by The Legal 500 Asia Pacific on Jan 11. The latest Legal 500 Asia Pacific rankings identify ABNR as a Tier-1 firm across a total of nine practice areas: Antitrust…
16 Jan 2024

ABNR Managing Partner Emir Nurmansyah Named ‘Dealmaker of Asia’ by ‘Asian Legal Business (ALB)’

Congrats to ABNR Managing Committee member and partner, Mr. Emir Nurmansyah, on his inclusion for the second consecutive year in the “Dealmakers of Asia” list published in the December 2023 edition of highly regarded, Singapore-based legal publication Asian Legal Business (ALB). This list showcases lawyers who have particularly stood out as top dealmakers in 2023. In their editorial comment,…
08 Jan 2024

ABNR’s Leading Law Firm Status Reaffirmed by Chambers

ABNR’s position as a leading Indonesian commercial law firm has been confirmed once again by the 2024 rankings published by international law firm directory Chambers Asia Pacific, which this year recommends the firm for a total of 10 different practice areas. In addition, ABNR is one of only seven Indonesian law firms ranked in the separately published Chambers Fintech Guide for 2024 ABNR is…

ABNR Band 1 Firm in Chambers Fintech 2025

11 Dec 2024 We are thrilled to announce that ABNR has been promoted to Band 1 in the Chambers Fintech Guide 2025! This highlights our dedication to excellence and innovation in fintech.Additionally, two of our lawyers have been ranked in Band 2 for fintech:Freddy Karyadi (for the second year) and Ayik C. Gunadi (first year). Special congratulations to Freddy and Ayik! Only five Indonesian lawyers are ranked…

Indonesia Amends Immigration Law to Tighten Supervision and Enforcement

13 Nov 2024 A number of significant changes to the rules governing immigration supervision and enforcement in Indonesia have been introduced by Law No. 63 of 2024 on the Third Amendment of Law No. 6 of 2011 on Immigration (“Third Amendment”).[1] The new legislation was enacted on 17 October 2024. In this ABNR Legal Update, we will focus on the following aspects of the Third Amendment: (i) use…

ABNR Crowned ALB Indonesia Law Firm of the Year, Second Time in 3 Years

04 Nov 2024 ABNR has been crowned Indonesia Law Firm of the Year for a remarkable second time in 3 years at the Asian Legal Business (ALB) Indonesia Law Awards. In addition, the firm took prestigious awards for: Antitrust and Competition Law Firm of the Year Banking and Financial Services Law Firm of the Year Project Finance Deal of the Year Managing Partner of the Year (Mr. Emir Nurmansyah) Data Privacy and…

ABNR Gets Top Marks at Indonesian In-house Counsel Awards 2024

24 Oct 2024 ABNR was named a “Most Recommended Law Firm” across five key practice areas at the 2024 In-house Counsel Choice Awards, held on October 18 at the Westin Resort Nusa Dua, Bali. The event formed part of the wider 2024 In-house Counsel Awards organized by Indonesia’s leading legal publisher, HukumOnline, in collaboration with the Indonesian Corporate Counsel Association (ICCA). The…

Indonesia’s New Mother & Child Law Imposes Additional Obligations on Employers

11 Oct 2024 Indonesia has enacted wide-ranging new legislation on maternal and child welfare during the first 1,000 days of a child’s life ("KIA Law").[1] In the employment sphere, this imposes a variety of new obligations on employers, while simultaneously clarifying a number of existing ones. Key Takeaways for Employers From the employer’s perspective, five aspects of the KIA Law are of…

ABNR Dominates 2024 ABLJ Indonesia Law Awards: 17 Wins, ‘Indonesia Law Firm of the Year’

01 Oct 2024 ABNR has emerged from the 2024 iteration of the Asian Business Law Journal (ABLJ) Indonesia Law Awards with the firm’s largest ever haul of trophies, including the coveted “Indonesia Law Firm of the Year” title. Besides being named law firm of the year, the firm received awards in a total of 16 other categories: • Best overall law firms • Arbitration & ADR • Aviation…

Draft Presidential Regulation Envisages Mandatory Annual Legal Audits for Businesses and Other Entities

23 Sep 2024 A draft presidential regulation (“Draft”) introduced in July will, if eventually promulgated in its present form, require every Indonesian business entity (badan usaha), legal entity (badan hukum), and public entity (badan publik) to undergo an annual legal audit to assess the legality of the entity and its actions, including its levels of legal compliance and good corporate governance.…

ABNR Advises Indonesian State Rail Operator KAI on Conventional & Islamic Bond Issuances

11 Sep 2024 ABNR advised Indonesian state rail operator PT Kereta Api Indonesia (KAI) on their recent issuances of conventional and Islamic bonds under a shelf registration. The newly issued bonds consist of: IDR 700 billion of conventional bonds (Obligasi Berkelanjutan I Kereta Api Indonesia Tahap II Tahun 2024); and IDR 300 billion of Islamic bonds (Sukuk Ijarah Berkelanjutan I Kereta Api Indonesia Tahap II…

ABNR Advises Geo Energy Resources on USD 151-million Coal Road and Port Deal

26 Aug 2024 ABNR advised Singapore-based coal company Geo Energy Resources group, as project owner and guarantor, on their recently signed agreement for the USD 151-million development of an approx. 92 km coal-haul road that traverses South Sumatra and Jambi provinces, Indonesia, and a 7500 dwt coal loading berth located in South Sumatra province. Under the agreement, the new infrastructure will be designed and…

KPEI Collaborates with Other Financial Sector Institutions to Establish New Indonesian Money & Forex Clearing House

20 Aug 2024 We are pleased to share that we have assisted PT Kliring Penjaminan Efek Indonesia (ID Clear) with the drafting of the shareholders agreement for the establishment of a new central counterparty clearing house (CCP) for the Indonesian money and foreign currency (forex) markets. ID Clear is the Indonesian stock exchange’s central counterparty clearing house for securities. The agreement to set…

ABNR Open Day allows law students a fascinating peek into the life of legal professionals

14 Aug 2024 We are excited to share the success of our second ABNR Open Day, which took place on Saturday, 10 August 2024. Building upon the success of last year’s event, this year’s was even more impactful, bringing together a new wave of aspiring law students eager to take on the challenge of commercial law. Our team was delighted to welcome the students, offering them an exclusive opportunity to…

Indonesia’s FSA Issues New Regulation on Insurance Products and Marketing

19 Jul 2024 The Financial Services Authority (“OJK”) has introduced a number of significant changes as regards how insurance companies should develop and market their products. These changes are set out in OJK Regulation Number 8 of 2024 on Insurance Products and Marketing Channels for Insurance Products[1] (“Reg. 8/2024”), which supersedes OJK Regulation Number 23 of 2015 on the same…

ABNR Advises DFC on Loan Portfolio Guarantee for Bank Sahabat Sampoerna

17 Jul 2024 ABNR has advised the United States International Development Finance Corporation (DFC) on their 50% loan portfolio guaranty of up to USD 100 million to PT Bank Sahabat Sampoerna for the expansion of the bank’s on-lending to eligible micro, small and medium enterprises, women-owned businesses and micro-finance institutions in Indonesia (“the Project”). The deal, which was closed on…

OJK Moves to Strengthen Social Economy by Modernizing BPR Sector

05 Jul 2024 Introduction An important, and frequently overlooked, aspect of the Indonesian financial services industry is the crucial role played by often privately owned savings and loan banks, known now as Bank Perkonomian Rakyat,[1] and their sharia-compliant equivalents, the Bank Perekonomian Rakyat Syariah[2] (collectively “BPR”). The operations of these financial institutions are restricted…

ABNR Named ‘Best Full Service Law Firm of the Year 2024’ by HukumOnline

03 Jul 2024 We are delighted to announce that ABNR has been named “Best Full Service Law Firm of the Year 2024” by prestigious Indonesian online legal publisher HukumOnline. This latest accolade for the firm underscores our consistent drive to providing outstanding legal services and achieving impressive outcomes for our clients. A total of 200 leading Indonesian law firms participated in this year’s…

ABNR Advises Yamato on Acquisition of Indonesian Structural Steel Giant

10 Jun 2024 We would like to congratulate our clients Yamato Kogyo Co., Ltd., Siam Yamato Steel Co. Ltd., and PT Hanwa Indonesia (the Indonesian subsidiary of a Hanwa Co., Ltd. of Japan) on their successful acquisition of 95% of shares in PT Nusantara Baja Profil (now PT Garuda Yamato Steel), from PT Gunung Raja Paksi, Tbk. and PT Gunung Garuda. The deal, valued at over USD 400 million, marks a significant milestone…

ABNR Lawyers Stand Out in Annual ‘A List of Top 100 Lawyers’

27 May 2024 We are pleased to share that Asian Business Law Journal (ABLJ), a prestigious Hong Kong-based legal publication, has once again recognized more lawyers from ABNR than from any other Indonesian law firm in their “A-List of Top 100 Indonesian Lawyers”. In its editorial comment, ABLJ says that “the A-List is compiled through research and nominations from in-house counsel in Indonesia…

Indonesian FSA Closes off Public Company Reporting Loopholes by Requiring Disclosure of Shareholder Voting Rights and Share Encumbrances

17 May 2024 The Indonesian Financial Services Authority (Otoritas Jasa Keuangan / “OJK”) has issued a new regulation on the reporting of shareholdings and the encumbering of shares in public companies. OJK Regulation No. 4 of 2024 (“Reg. 4” or the “New Regulation”),[1] which comes into effect on 28 August 2024, replaces the previous regulation on the same topics, OJK…

Indonesia’s FSA Amends Fintech ‘Sandbox’ and Licensing Rules, Prepares for New Crypto-Asset Regulatory Role

15 May 2024 BACKGROUND The Indonesian Financial Services Authority (Otoritas Jasa Keuangan,“OJK”) has made a number of changes to the fintech regulatory framework in Indonesia through the issuance of OJK Regulation No. 3 of 2024 on Financial Sector Technological Innovation (“FSTI”) (the “New Regulation”),[1] which replaces the previous legislation on the issue: OJK Regulation…

ABNR Named ALB Employer of Choice for Sixth Year in a Row

13 May 2024 ABNR has once again been named an Indonesian “Employer of Choice” by prestigious Singapore-based legal publication Asian Legal Business (ALB), marking the sixth year in a row that the firm has been recognized as an outstanding employer by ALB. With the firm currently expanding its headcount significantly, the award is a timely one as we continue to seek top Indonesian legal talent to join…

Indonesia Issues New Rules on Operation of Rooftop Solar, Abolishes Net Metering

29 Apr 2024 On 31 January 2024, the Indonesian Ministry of Energy and Mineral Resources (“MEMR”) issued a new regulation governing the installation and operation of private rooftop solar panel systems by customers of Public Interest Electricity Supply Business License Holders (Pemegang Izin Usaha Penyediaan Tenaga Listrik untuk Kepentingan Umum / “IUPTLU Holder”). The new instrument, MEMR…

ABNR’s Project Gotham Deal Picks Up Prestigious International Award from IJGlobal

26 Apr 2024 We are pleased to share that ABNR’s “Project Gotham” deal was named “Digital Infrastructure Deal of the Year, Data Centre” at the 2023 IJGlobal Annual Awards (APAC), which were presented in Singapore on April 17. IJGlobal, published by Euromoney Institutional Investor plc, London, is one of the world's largest and most reliable infrastructure and project finance data…

Indonesia Moves to Provide Solid Legal Basis for Carbon Capture & Storage

22 Apr 2024 1. Introduction The Government of Indonesia recently issued Presidential Regulation No. 14 of 2024 on Carbon Capture and Storage ("PR 14/2024" or the “new regulation”).[[1]] Carbon capture and storage (“CCS”) has emerged as a key strategy in climate change mitigation as it provides a way to reduce greenhouse gas emissions by injecting carbon underground. The new regulation…

ABNR Partner Agus Ahadi Deradjat Named an ‘Asia Super 50 TMT Lawyer’ by ‘Asian Legal Business’

21 Mar 2024 We are very pleased to share that ABNR partnerAgus Ahadi Deradjat(or Agung for short) is recognized as a leading lawyer in the annual “Asia Super 50 TMT Lawyers” listing featured in the March 2024 edition of prestigious, Singapore-based legal journal, Asian Legal Business (ALB). According to ALB, the annual ranking “showcases the top lawyers in the region’s fast-growing…

ABNR Welcomes Two New Partners

23 Feb 2024 ABNR Counsellors at Law is pleased to announce the appointment of two new partners, Mr. Rully Hidayat and Mr. Mahatma Hadhi. Their appointments, effective 1 January 2024, bring the total number of partners at ABNR to 23 (including two Netherlands-qualified and one New York-qualified foreign counsel). Mahatma, who joined the firm in 2007, specializes in energy and natural resources, mergers & acquisitions…

ABNR Partner Maher Sasongko Named ‘Indonesia Rising Star’ by ‘Asian Legal Business’

20 Feb 2024 We are very pleased to share that ABNR partner Mr. Maher Sasongko has been named an “Indonesia Rising Star 2024” by Asian Legal Business (ALB), a highly regarded, Singapore-based monthly legal journal. According to ALB, their “Indonesia Rising Star“ awards highlight the country’s “top up-and-coming lawyers” who are “not only delivering impressive results,…

Indonesia Ups Mandatory Capital and Equity Requirements for Insurers Amid Continuing Jitters

19 Feb 2024 A corruption case involving then executives of state-owned insurer PT Asuransi Jiwasraya (Persero) culminated in the company’s failure to pay out IDR 16 trillion (USD 1.1 billion) in matured policies due in October and November 2018. The case garnered significant public attention until it sank from the headlines following the outbreak of the Covid-19 pandemic in 2020. However, it was only one…

ABNR advises Indonesian Rail Operator on USD 49-million Train Set Order

12 Feb 2024 We would like to congratulate our valued client, PT Kereta Commuter Indonesia (KCI), a subsidiary of Indonesia’s state rail operator, PT Kereta Api Indonesia (Persero) (KAI), on their signing of a contract for the procurement of 3 new electric train sets from CRRC Sifang, Co. Ltd., one of the oldest railway rolling stock manufacturers in China. The contract, which was signed in Beijing on 31…

ABNR Recommended Across 12 Practice Areas by Legal 500

05 Feb 2024 Following hard on the heels of the 2024 Chambers Asia Pacific results that once again ranked ABNR as a leading Indonesian commercial law firm, ABNR’s position as a top-tier firm has been further confirmed by the 2024 rankings published by The Legal 500 Asia Pacific on Jan 11. The latest Legal 500 Asia Pacific rankings identify ABNR as a Tier-1 firm across a total of nine practice areas: Antitrust…

ABNR Managing Partner Emir Nurmansyah Named ‘Dealmaker of Asia’ by ‘Asian Legal Business (ALB)’

16 Jan 2024 Congrats to ABNR Managing Committee member and partner, Mr. Emir Nurmansyah, on his inclusion for the second consecutive year in the “Dealmakers of Asia” list published in the December 2023 edition of highly regarded, Singapore-based legal publication Asian Legal Business (ALB). This list showcases lawyers who have particularly stood out as top dealmakers in 2023. In their editorial comment,…

ABNR’s Leading Law Firm Status Reaffirmed by Chambers

08 Jan 2024 ABNR’s position as a leading Indonesian commercial law firm has been confirmed once again by the 2024 rankings published by international law firm directory Chambers Asia Pacific, which this year recommends the firm for a total of 10 different practice areas. In addition, ABNR is one of only seven Indonesian law firms ranked in the separately published Chambers Fintech Guide for 2024 ABNR is…