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Covid 19: Indonesian Bankruptcy and PKPU Proceedings

The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008. As part of efforts to check the spread of the virus, the Indonesian government has implemented a policy of Large-Scale Social Restrictions (Pembatasan Sosial Berskala Besar or “PSBB”), requiring most businesses to cease or at least pare down

Indonesian Government Issued Regulations for More Simple and Speedy Licensing in the Midst of Covid 19 Pandemic

Indonesian government has issued Presidential Regulation Number 58 of 2020 regarding the Arrangement and Simplification of Import Licensing (“PR 58/2020”), on April 8, 2020, and Presidential Regulation Number 59 of 2020 regarding the Amendment of Presidential Regulation Number 71 of 2015 on the Stipulation and Storage of Essential Goods and Basic Commodities (“PR 59/2020”). PR

News Item: “U.S. trade decision avoids clash over China’s currency” (IGIR Brown Bag Lunch 5 October 2010)

(From The Washington Post, September 1, 2010, available at: http://www.washingtonpost.com/wpdyn/content/article/2010/08/31/AR2010083106226.html It is indeed a difficult position for U.S. government in this situation to response appropriate measures against the China’s currency policy. If the Yuan is undervalued against the dollar, there are likely to be both benefits and costs to the U.S. economy. In one hand, it

Remi Ramadhan El Rasyid, S.H., M.H.

Remi has successfully handled client affairs in the form of national and multinational private companies and state-owned enterprises of the Republic of Indonesia. He has experience in assisting corporate clients who will invest and negotiate both inside and outside the country, as well as a lot of experience in winning legal issues that must be resolved through court forums or arbitration forums / Alternative Dispute Resolution in Indonesia.

He has expertise in solving legal issues that fall within the scope of commercial litigation, as well as having experience in resolving legal issues affecting foreign companies in the Indonesian court.

Remi has experience in resolving corporate financial restructuring issues both through negotiation and through the bankruptcy filing process

He has a great interest in the development of financial law, therefore in addition to formal education obtained from the Faculty of Law, University of Pancasila – Indonesia, he has also completed financial education organized by the Ministry of Finance of the Republic of Indonesia.

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