ABNR

Indonesia

Analysis

Overview

Full-service law firm Ali Budiardjo Nugroho Reksodiputro (ABNR) is a longstanding law firm with a successful track record. It is particularly well regarded in sectors such as shipping, energy, infrastructure and real estate. Key individuals include banking and finance partners Emir Nurmansyah and Nurdin Adiwibowo, foreign banking counsel Theodoor Bakker, corporate and capital markets partner Freddy Karyadi, restructuring and insolvency partner Herry Nuryanto Kurniawan, and shipping expert Sahat Siahaan.

Labour and employment

Work highlights

Advised Novartis on the communication strategy for the mass termination of employment of 78 employees of the client.

Key clients

Bank Tabungan Negara, ByteDance, Tirta Investama.

Dispute resolution

Work highlights

Represented Mediterranea di Navigazione in the enforcement of their $22 million arbitration awards.

Key clients

F&S Retail, JBIC, Nippon Export and Investment Insurance, Marubeni.

Restructuring and insolvency

Work highlights

Advised DEG on all stages of court-sanctioned restructuring and the subsequent insolvency of Wirajaya Packindo, an Indonesian pulp and paper producer.

Key clients

Agri Hikay Indonesia, Citicorp Investment Bank, Jangho Curtain Wall Indonesia, NEC Indonesia.

Corporate and M&A

Work highlights

Advised Sumber Alfaria Trijaya on the sale of its courier services operation to Galaxy Mitra Global.

Key clients

Artha Metal Sinergi, IMCD Group, Kencana Energi Lestari, Nissan Motor, Paramata Indah Lestari, PQ Group.

Capital markets

Work highlights

Advised Bank IBK Indonesia on their proposed issuance of new shares by way of a rights issue.

Key clients

Credit Guarantee & Investment Facility.

Competition/antitrust

Work highlights

Assisted the Government of Singapore Investment in submitting a mandatory merger notification to the Business Competition Supervisory Commission (KPPU) with respect to the foreign-to-foreign M&A transactions in various jurisdictions.

Key clients

DSV A/S, IMCD Indonesia, MBK Partners, Warner Bros Discovery.

Banking and finance

Work highlights

Advised BNP Paribas on their $945 million financing to the Indonesian government for the purchase of military aircraft.

Advised Australia and New Zealand Banking Group on the $711 million financing to the Hyundai Mobis consortium to finance the development of their electric vehicle battery manufacturing project in Karawang, Indonesia.

Key clients

Bank Artha Graha, Baring Private Equity Asia, Crédit Agricole Corporate and Investment Bank.