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…