2023 Global Recession: What Should Business Actors Do?
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2023 Global Recession: What Should Business Actors Do?

The global recession is precipitated by a variety of factors, one of which is the conflict between Russia and Ukraine. Not only does it have impacts on macroeconomic stability, but global recession also has impacts on transactions and corporate actions, resulting in mass layoffs leading to the point where bankruptcies and debt restructuring occur. In…

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

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…

Definition, Overview, and Example of Addendum
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Definition, Overview, and Example of Addendum

Addendum is a document commonly used in business activities of a company cooperating with other companies in carrying out a transaction. However, addendum is often misunderstood both in its meaning and in its application, so business actors need a fundamental and in-depth understanding of addendum. Let’s see through this article. A. Definition of Addendum Addendum…

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

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…

Liability of Personal Guarantor on Debtor’s Debt
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Liability of Personal Guarantor on Debtor’s Debt

Terminologically, guarantees are divided into two i.e., general guarantees and special guarantees. General guarantees are regulated in Article 1131 of the Indonesian Civil Code, which stipulates that:  “All objects of the debtor, both movable and immovable, both existing and those that will exist in the future, are borne by all individual engagements.” Based on this,…

ADCOTalks – 2023: Thinking Outside Pandora’s Box

ADCOTalks – 2023: Thinking Outside Pandora’s Box

ADCOTalks – 2023: Thinking Outside Pandora’s Box stems from the firm’s awareness of the 2023 Global Recession, which is the result of a massive-impact war between Russia and Ukraine. The global recession not only destabilizes currencies, which leads to corporate actions such as mergers and acquisitions (M&A) as part of its impact at the micro…

Alta Mahandara – A Lawyer Aspiring for Full Contentment
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Alta Mahandara – A Lawyer Aspiring for Full Contentment

“The best way to predict our future is to create it.”  That is the most suitable quote to describe Alta Mahandara. Born in 1988, since his childhood this man has manifested his parents’ message not to rely on others and build his brilliant career.  “My parents did not ask me in detail to pursue a…