“The most valuable lessons in life cannot be taught; they must be experienced.” A sensible statement that sums up Alexandra Gerungan‘s life journey. Her present accomplishments, including her role as a Senior Partner at the renowned Indonesian law firm, ADCO Law, as well as her roles as a wife, mother, and daughter, have taught Alex…
In addition to creating a legal relationship between parties, an agreement is further used as a means to regulate the exchange of rights and obligations of each party involved. An agreement is to be carried out properly, fairly and in proportion to the arrangements agreed upon by the parties. However, in practice, the exchange of…
Arbitration as an Alternative Dispute Resolution in Indonesia The vast and rapid technological developments have impacted the world’s commercial landscape. As a result, corporations need more time-efficient, more neutral and less complicated dispute resolution alternatives. One globally used alternative is arbitration, which is frequently preferred due to its international recognition feature and an arbitral award…
A. Executive summary The Financial Services Authority (OJK) on December 28, 2022, issued the Financial Services Authority Regulation Number 28 of 2022 (POJK 28/2022) stipulating: guidelines on how a company shall carry out Digital Insurance Brokerage Services ; human resources and core competencies required to do so; and activities which may be outsourced to other…
A. Main Presentation People are aware that coal is an energy source that is still very much needed. However, with the spirit of the energy transition to achieve net zero emissions by 2060, there will be several potential disputes that are predicted to occur in 2023. For this reason, the speaker, Alexandra Gerungan, Partner at…
The International Monetary Fund (“IMF”) report predicts that the prospect of global economic growth in 2023 is only 2.3%, providing a projection of the chasm of crisis and recession in sight. In its 2022 World Economic Outlook (“WEO”) report, the IMF is also concerned about the deteriorating outlook for the global economy and that inflation…
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