Hiswara Bunjamin & Tandjung

Indonesia

Analysis

Overview

Hiswara Bunjamin & Tandjung is recognised as one of the leading law firms in Indonesia. With one of the largest dedicated projects and energy teams focused on the country, the firm has deep relationships with major Indonesian and international companies in the mining, oil and gas, power and infrastructure sectors. The firm has advised on several notable energy projects in the past year, reaffirming its prowess in the area. Matthew Goerke is a key contact.

Labour and employment

Work highlights

Assisted JICT in relation to a tort claim filed by the Container Labour Union against JICT and several other parties at South Jakarta District Court, and subsequently at the Jakarta High Court.

Dispute resolution

Work highlights

Advised Maybank Asset Management on the Indonesian Attorney General Office’s corruption and money laundering investigation on the mismanagement of investment in Jiwasraya.

Key clients

Commerzbank, Credit Suisse, Nordic Aviation Capital

Restructuring and insolvency

Work highlights

Advised AKA Ausfuhrkredit-Gessellschaft in all matters relating to the Indonesia court-supervised debt moratorium process of Gunung Raja Paksi, a publicly listed Indonesian steel manufacturer.

Key clients

Commerzbank, Credit Suisse, Genting Property, Nordic Aviation Capital

Corporate and M&A

Work highlights

Advised The Carlyle Group and Southern Capital Group on their $1.17 billion divestment of a 94% stake in Solusi Tunas Pratama.

Key clients

Citibank, Goldman Sachs, Grab Holdings, Inchcape Motors, Jefferies, Reco Newtown

Capital markets

Work highlights

Assisted Credit Suisse and Deutsche Bank on a bond issued by Gajah Tunggal.

Key clients

API Investment, Bank UOB Indonesia, Kookmin Bank, Pakuwon Jati, Sumber Tani Agung Resources

Competition/antitrust

Work highlights

Advised Kansai Electric and Medco Energy on the competition law aspects of the joint venture arrangement between Kansai Electric and Medco Power Indonesia.

Key clients

Elsewedy Transformers Indonesia, Hitachi, Honda, Iron Mountain

Banking and finance

Work highlights

Advised Bank ANZ Indonesia and Australia New Zealand Banking Group on a loan facility provided to PT Krakatau Posco guaranteed by POSCO.

Key clients

Bank Mandiri, BNP Paribas, Bumi Resources, OCBC Bank

Energy

Work highlights

Advised Karian Water Services on the development of the Karian Serpong Regional Water Supply PPP Project in Indonesia.

Key clients

Indonesia Investment Authority, Kansai Electric Power Company, Pertamina Rosneft Pengolahan dan Petrokimia, Sumitomo Metal Mining

Technology and telecommunications

Work highlights

Represented API Investment in relation to its pre-IPO investment into Bukalapak.com, and subsequently the IPO of Bukalapak.com.

Key clients

Axiata Group, Centratama Telekomunikasi Indonesia, Grab Holdings, Smartfren Telecom