We are proud to announce that ADCO Law has successfully assisted PT Pamapersada Nusantara (PAMA) in the process of signing the Conditional Share Purchase Agreement (PPJB), through PT Danusa Tambang Nusantara (DANUSA), to take over 90% shares of PT Stargate Pacific Resources (SPR) and PT Stargate Mineral Asia (SMA) on Saturday (3/12/2022). Led by Alta…
Democracy is a system that is well known by all levels of society, especially in developing countries. Democracy can be interpreted as a form of government where all citizens have the same rights to make decisions for the benefit of their government which aims to have a better life. A. Definition of Democracy Democracy is…
A. Personal Guarantor A personal guarantor is basically a guarantee for a debtor’s debt as stipulated in Articles 1820-1850 of the Indonesian Civil Code. In Article 1820 of the Indonesian Civil Code, Borgtocht or Personal Guarantee is an agreement in which a third party, for the benefit of the creditor, binds itself to fulfill the…
Damage due to the earthquake that occurred on November 21, 2022, at 13.21 WIB in Cianjur Regency, West Java Province, Indonesia, drew the attention of the ADCO Law team to inspect the hazard areas. As part of the tangible expression and social program that has been activated by the firm, namely ADCOncern, the representatives visited…
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…
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…
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…
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…
International Law is a term that is often encountered by academics and writers of international journals. In general, there are still many people in the world, especially in Indonesia who do not understand the theory, application, and various types of International Law. Many experts have discussed and explained the development and improvement of International Law…
An offence is a term or thing that is still not fully understood by the public. In the theory of Criminal Law, the offence is another term for a criminal act, namely an act that is prohibited to be carried out by a person or group and if it is carried out it will get…