Archive for category: News

In carrying out a project work, it is not uncommon for several companies to form a Joint Operation (“JO”) based on a Joint Operation Agreement. This J...

In recent years, Indonesia’s local fashion industry has experienced significant growth. The emergence of local brands offering appealing designs at mo...

In bankruptcy, as soon as the debtor is declared bankrupt based on a commercial court decision, the debtor loses their right to control and manage the...

Personal guarantee or in Dutch terminology called “borgtocht”, is a form of individual guarantee in which a third party undertakes to fulfill the obli...

Credit is the provision of money or bills that can be equated with it based on an agreement or loan agreement between a bank and another party that re...

In a credit agreement or other similar agreement, it is common to have a guarantee agreement that is additional (accessory) to the principal agreement...

Victims of criminal acts often experience civil losses as a result of criminal acts, thus, a criminal case is often followed by a civil case because t...

Confiscation is the act of forcibly placing the defendant’s assets in a state of custody based on the court order. The legal norms which arrange...

Cession is the transfer of intangible movable property (intangible goods) in the form of Registered Receivable to the third party which a person sells...

Debt Conversion or Collection Right as compensation the obligation of remittance over a number of shares price as regulated in Article 35 paragraph (1...