Legal Risks of M&A Transactions in a Global Economic Recession
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Legal Risks of M&A Transactions in a Global Economic Recession

ByADCO Law

Mergers and acquisitions are strategies that are increasingly popular and are commonly carried out in the startup ecosystem recently in the context of corporate restructuring to improve competency and efficiency. However, mergers and acquisitions are very different concepts. Merger is the process of merging two companies which will then form a new business entity. In…

When Sued at SIAC: What to Do?
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When Sued at SIAC: What to Do?

ByADCO Law

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…

Other Creditors Arising From The Cessie in PKPU & Bankruptcy
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Other Creditors Arising From The Cessie in PKPU & Bankruptcy

ByADCO Law

Postponement of debt payment obligation (Penundaan Kewajiban Pembayaran Utang, “PKPU”) is a legal remedy that can be taken to restructure the debtor’s debt in order that he is able to pay off his debts. The PKPU application can be submitted either by the Debtor or the Creditor on the condition that the PKPU involves more…