Tag: jakarta
Written by Jad on 24 September 2018.
♦ Recent Deals ♦ Jakarta
Dentons has launched its previously announced combination with Hanafiah Ponggawa & Partners (HPRP), one of the largest and most elite law firms in Indonesia. The combination gives Dentons' clients access to the experience and talents of lawyers working in 75 countries. This combination uniquely positions Dentons to provide high-quality legal services to clients around the world. Dentons HPRP is the fifth largest law firm in Indonesia. Its key practice areas are Corporate & Commercial, Employment & Litigation, Financial Services, Intellectual Property, International Trade, Real Estate, Transportation, and Resources & Infrastructure. The firm is already pursuing an aggressive growth strategy to increase capabilities in the following sectors: infrastructure, including natural resources; renewable energy; and electronic business, including FinTech and E-commerce. Dentons already has a strong presence in Singapore and Myanmar, both members of the Association of South East Asian Nations (ASEAN), and earlier this month we launched a combination with a law firm in neighboring Malaysia, also an ASEAN member. Dentons seeks to enable our clients to seamlessly access business opportunities across all ASEAN countries. In 2016, the ASEAN economy was collectively the third largest economy in Asia, and sixth largest in the world. Indonesia is the fourth most populous country in the world. Indonesia enjoys a GDP of US$1.02 trillion and an annual GDP growth rate of 5.1 percent, making it the fastest growing country among the G20 nations. It also has a fast-growing middle class, and its capital, Jakarta, is world's second largest urban area, with 30 million people. Clients in South East Asia, and clients wanting to do business there, will benefit from high-quality legal service on a truly global scale that only Dentons can offer," said Joe Andrew, Global Chairman of Dentons. "Our clients have access to the deep local knowledge that is provided by lawyers in Indonesia who are both in and of the communities they serve.” The launch today of our expansion in Indonesia with one of the largest and best firms there helps us build on our currently strong South East Asia presence," said Philip Jeyaretnam S.C., Global Vice-Chair and ASEAN CEO. The launch of this combination with a truly high-quality firm in Indonesia gives us an even stronger presence in South East Asia, and will further allow Dentons to pursue its strategy to become a pan-Asian law firm that reaches more of Asia than its competitors," said Elliott Portnoy, Global CEO of Dentons. Constant Ponggawa, Managing Partner of Dentons HPRP, added: “Launching our combination with the largest law firm in the world strengthens our position as the best law firm in Indonesia. We’re now more than ready to provide seamless access for business players who intend to expand their market to Indonesia as well as our Indonesian clients intend to enter the global markets.”
Written by Editor on 19 August 2014.
♦ Moves News ♦ Jakarta, Singapore
Ashurst today announces the appointment of a market-leading team of three partners and a senior consultant that will significantly strengthen its restructuring and special situations capability in Asia. The team, which comprises Bertie Mehigan, Joel Hogarth, Ratih 'Ipop' Nawangsari and Debby Sulaiman, has acted on some of the most significant and high profile restructuring matters in the region over the last ten years, particularly in Indonesia. Bertie Mehigan has been appointed partner in Ashurst's finance team in Hong Kong. He joins the firm from the Singapore office of O'Melveny & Myers, where he was a senior partner focusing on cross-border financing, restructuring and investment. Bertie has worked in Asia for more than 20 years and most recently has been advising on various distressed situations matters and transactions, principally in China and Indonesia. He is widely recognised as one of the leading restructuring and finance lawyers in SE Asia. Joel Hogarth, corporate partner in O'Melveny & Myers' Singapore office, will join Ashurst as a partner and will join as a senior foreign legal consultant with Ashurst's associated Indonesian firm - Oentoeng Suria & Partners ('OSP'). Joel focuses on M&A and private equity, with significant experience in restructuring and special situations in Indonesia. He is both English and New York-qualified and since 2001 has advised investment funds, financial institutions and corporates on high profile Asian transactions. Ipop Nawangsari, also from O'Melveny & Myers' Singapore office, joins Ashurst as a partner in its energy, resources & infrastructure practice. Ipop will also join OSP as partner and will be based in Jakarta. Ipop specialises in corporate and finance and has extensive expertise in advising on major Indonesian matters, with a particular focus on energy, resources and infrastructure. She is admitted to practice in Indonesia. Debby Sulaiman joins the firm as a dispute resolution, bankruptcy and restructuring senior consultant in Jakarta. Debby was previously seconded by O'Melveny & Myers as a partner at Jakarta-based law firm, Tumbuan & Partners. Debby also joins OSP as partner. She has in-depth experience of handling complex domestic and multi-jurisdictional disputes and has also undertaken antitrust, construction and aviation- related cases. Co-Global Head of the Restructuring & Special Situations practice group, partner James Marshall, said: "Appointing such a high-profile and well-regarded regional restructuring team with a very strong Asian focus, particularly in Indonesia will add further additional depth to our existing Asia Pacific capability and help create an even stronger platform from which to serve our clients in Asia, Australia and throughout the rest of the Ashurst network. They are a perfect complement to our existing tier one restructuring practice in Australia and Europe. I am confident that they will allow us to further capitalise on the significant opportunities in the Asia Pacific market. " Matthew Bubb, Ashurst managing partner, Asia, said: "As a result of the high profile work undertaken on restructuring and special situations matters, the team has advised many of the key corporates, financial institutions, hedge funds and private equity houses in the region. Their appointment, therefore, will not only allow us to significantly boost the firm's finance, restructuring and special situations offering but will also strengthen our corporate, energy and infrastructure and disputes practices in Jakarta, Hong Kong and Singapore."
Written by John on 18 November 2013.
♦ Breaking BigLaw News ♦ Indonesia, Jakarta
Squire Sanders and Melli Darsa & Co. (MDC), a leading law firm in Indonesia, are pleased to announce that they have agreed to a formal strategic alliance. Under the agreement, the firms will share a joint platform for business development and the marketing of legal services in Indonesia and international markets, and work closely together for the mutual benefit of a wide range of international and domestic clients. Under the title “Melli Darsa & Co. in strategic alliance with Squire Sanders,” clients will be able to access specialist local expertise, particularly in M&A, corporate finance and banking, project finance, capital markets and securities, anti-competition, litigation and commercial law, together with Squire Sanders’ specialist knowledge across multiple jurisdictions. James J. Maiwurm, CEO and Chair of Squire Sanders, said: "This alliance is a logical next step for the firm as we seek to support our clients who do business in Indonesia and across the Asia Pacific region. We are seeing increasing investment in Indonesia from countries such as China, Japan and Korea, and with our presence in all of those locations, and our desire to offer extensive, integrated regional coverage, it was clear that Indonesia was a missing link.” Ignatius Hwang, managing partner of Squire Sanders’ Singapore office, commented: “We launched our office in Singapore last year with the intention that it would provide a gateway to other rapidly growing economies in Southeast Asia, particularly Indonesia. As our practice has grown, we have seen an increasing requirement from our clients for local law support on Indonesian matters, particularly in industries where we are strong, such as energy and natural resources and infrastructure. The team at Melli Darsa is renowned for its work, and we are excited by the new client and broader practice area opportunities our combined experience will unlock.” Squire Sanders has extensive experience in Indonesia advising on inbound and outbound matters, particularly in corporate finance, banking and dispute resolution. Established in 2002, Melli Darsa & Co. is a mid-size firm by Indonesian standards with 33 qualified lawyers having expertise in capital markets and securities, M&A, corporate finance and banking, project finance, anti-competition, commercial law and litigation. Considered by Asian Legal Business (July 2012) as one of the most powerful and influential female lawyers in Asia and “an icon in Indonesia,” Ms. Melli Darsa, the firm’s founder and managing partner, holds a law degree from the University of Indonesia and a Master of Law degree from Harvard Law School. She has practiced as a lawyer in Indonesia since 1990 and is also admitted to practice in the State of New York, US. Ms. Melli Darsa said: “We are operating in a dynamic economy where our clients are increasingly looking to establish their businesses in international markets. Squire Sanders’ impressive global presence and depth of experience in countries where our clients wish to do business is compelling, and its strength in infrastructure and natural resources were key to our decision to enter into an alliance with the firm. We look forward to working together to offer clients the expanded capabilities of a full service global law firm and to enhancing our impact on both the Indonesian and regional legal market. We are optimistic and hopeful that with our common vision, the relationship will prove highly mutually beneficial to both and deepen over time.”
Written by John on 05 November 2013.
♦ Recent Deals ♦ Indonesia, Jakarta, Singapore
Baker & McKenzie International’s member firms in Indonesia, Hadiputranto, Hadinoto & Partners (“HHP”) and Singapore, Baker & McKenzie.Wong & Leow, acted as counsel to Indonesia conglomerate Rajawali Group in relation to the en-bloc sale of a 47-storey international Grade-A office tower to an affiliate of Government of Singapore Investment Corporation ("GIC"). The Firm advised Rajawali Group from the early procurement stage, to competitive dialogue with bidders, and ultimately, to negotiating and finalizing the contract with GIC. The subject office tower will comprise part of a mixed-use development project to be developed in the heart of the Jakarta Central Business District in Indonesia. The development will also include a luxury six-star St Regis hotel and a retail podium for specialist food and beverage outlets. The office tower, one of the few international Grade-A buildings in Jakarta, is poised to become the premium address for multi-national corporations, local conglomerates and financial institutions. Construction of the development is underway and is expected to be completed by end of 2015. This transaction was particularly challenging and innovative, as the conditional sale and purchase agreement had to be uniquely crafted for the parties, both being sophisticated investors. This included terms which allowed parties to satisfy their respective risk management and technical requirements, whilst incorporating complicated price adjustment mechanisms. As this is also the first forward en-bloc sale of a commercial building in Jakarta, this deal now stands at the forefront of the Indonesia property market as the benchmark for future en-bloc sales to follow. The transaction demonstrates Baker & McKenzie’s ability to tap on the exceptional legal and commercial knowledge across the Firm’s network of offices and member firms to provide both local and cross-border advice to clients across the region. It also highlights the strong collaboration of the teams in both Jakarta and Singapore. The team was comprised of partner Tuti Hadiputranto and associates Putu Raditya Nugraha, Ferry Fajarin Rajagukguk and Dion Alfadya in Jakarta, and principals Lynette Low, Jon Worsfold and associates Alex Tan and Joshua Koh from Singapore. Commenting on the transaction, Tuti Hadiputranto, said, "It has been a real pleasure to work once again with Rajawali Corporation on another significant transaction, and to be part of the team putting together a landmark deal in the Indonesia commercial, real estate sector. The transaction played to Baker & McKenzie's strengths - the ability to deliver a seamless service across jurisdictions, and to provide sound but commercially-savvy advice on structuring challenges."
Written by John on 08 October 2013.
♦ Breaking BigLaw News ♦ Indonesia, Jakarta
Today Taylor Wessing announces the addition of a new office in Jakarta, Indonesia. A cooperation agreement has been signed with leading Indonesian law firm Hanafiah Ponggawa & Partners (HPRP). This cooperation agreement will see Taylor Wessing and HPRP share knowledge, resources and best practice, enabling them to provide a seamless service to clients in Singapore, Indonesia and across Taylor Wessing's wider network of offices in Europe, the Middle East and Asia. HPRP in Indonesia and RHTLaw Taylor Wessing in Singapore both have reputations as leading firms in their respective jurisdictions, and have been close partners over the last two years. This partnership marks another strategic step forward for both firms in deepening their Southeast Asian presence. “This past year has seen significant growth for Taylor Wessing,” says Tan Chong Huat, Managing Partner, RHTLaw Taylor Wessing LLP and Member of the International Management Board of Taylor Wessing. “In Singapore we are fortunate to have grown into new markets, and developed practice specialisms along the way. Our partnership with HPRP, one of the most respected law firms in Indonesia, will give a tremendous boost to our regional Southeast Asian practice. It will add value and counsel to our clients, many of whom are Indonesian or have a presence in Indonesia. This new and exciting arrangement will not only bring about greater integration in our practices, but also raise our capabilities to a higher level, enhancing our reputation as a firm that blends the best of local knowledge with international capability. This partnership not only brings our two firms closer together; it also brings our people closer together. This is what we have always been good at.” Constant Marino Ponggawa, Managing Partner, Hanafiah Ponggawa & Partners added: “Our partners have enjoyed a long-standing and solid relationship with the partners of RHTLaw Taylor Wessing LLP and are pleased to be in association together to offer our clients the added resources and expertise of a full-service international firm. Both our firms share common values and are committed to ensuring that great opportunities are created for our clients. This new partnership will give us a new regional footprint in the market.” With the addition of HPRP, Taylor Wessing offers clients access to more than 950 legal professionals across 23 offices in Asia, the Middle East and Europe.