As the Minerba Law has been amended and the newest regulation has been passed, the Job Creation Law has changed, removed, or stipulated new regulations in several related articles in this regulation.

The Government of Indonesia has issued regulations related to the obligation to use national vessels for certain commodity export and import activities. The obligation is regulated under Regulation of the Minister of Trade No. 82 of 2017

The Ministry of Energy and Mineral Resources has issued new regulations related to licensing of mineral and coal business activities. It is Ministerial Regulation No. 7 of 2020 on Procedures for Area Granting, Licensing, and Reporting on Mineral and Coal Mining Business Activities (“MR 7/2020”).

In an effort to maintain economic stability as a result of Covid-19, the government of the Republic of Indonesia through the Minister of Finance of the Republic of Indonesia has issued regulations regarding incentives for Taxpayers during the Covid-19 pandemic.

The government has yet to issue regulations with regard to termination of employment specifically during the Covid-19 pandemic. Companies should, therefore, follow the regulations as stipulated under Law Number 13 of 2003 Concerning Manpower.

Multiple construction projects have been delayed or even canceled – as an impact of the pandemic. Various reasons may cause this issue, such as material and/or workforce shortages, disrupted mobilization, travel restrictions, physical distancing policy, or even suspension of all construction activities.

Following Indonesia’s Rising Stars 2020 award for Rizky Dwinanto (Partner at ADCO Law) and the NexGen Lawyers 2020 for Endah Sulastri (Associate Lawyer at ADCO Law), good news has once again come from our lawyer. Now, it comes from our Managing Partner, Dendi Adisuryo. He has been listed in the A-List: Indonesia's Top 100 Lawyers 2020 by the Asia Business Law Journal.

The President of the Republic of Indonesia, Joko Widodo, said that one of the important concerns in his term of office in the 2019-2024 period was to invite the DPR-RI to issue the Omnibus Law. Omnibus Law is expected to be the answer to revising overlapping laws that obstruct investment and business in Indonesia.

At the end of 2019, the government is more vigorous in attracting both domestic and foreign investors to invest in Indonesia. Having previously enacted a ‘tax holiday’ policy package, the government through Presidential Instruction of the Republic of Indonesia Number 7 of 2019 concerning the Acceleration of Ease of Business (Inpres 7/2019) instructs all the ministers/heads of institutions to draft regulations aimed at simplifying business licensing process and providing investment incentives for investors.

For companies that are already on the verge of bankruptcy, with debts of billions and even trillions of rupiahs, and financial conditions that are predicted to not make them be healthy, who says there is no hope of operating again?

There are at least 16 points of improvement in the law which were formulated in the 2018 academic paper. Among these points, several points are related to the problem of the insolvency test in the bankruptcy procedure law.

The application of bankruptcy requirements as stipulated in Article 2 paragraph (1) of The Bankruptcy Law creates logical consequences and a domino effect

The M&A is linked to being both a growth strategy and part of the fund formation in a favorable economic environment because all M&A negotiations require a number of commitments.  It is crucial to recognize and understand every critical legal point in conducting acquisition deals. Therefore, this Article is intended to provide consideration for bidding companies and target companies in M&A transactions.

Capital market as one of the financial services sectors plays an important role in the development of the national investment sector, where the supply of capital provided by investors meets the demand of the securities issuers e.g. corporations, investment trusts, or domestic or foreign governments, that is, to finance their operations.

Litigation or arbitration as a commercial litigation proceeding requires a massive amount of capital due to litigation costs. Such the facts prevent people who seek for justice from pursuing their claims. However, several countries have a mechanism for litigation financing or lawsuit lending, which is well-known as Litigation Funding.

A standard contract form does not of course fit all construction projects meaning that it may still demand necessary modifications in certain areas as per the needs of project owners and also that of other participants, such as contractors, sub-contractors, etc. However, a standard contract form is normally well understood by the related participants