Ali Budiardjo Nugroho Reksodiputro

Full-service law firm ABNR Counsellors at Law is dominant in banking and finance, construction and corporate and M&A work. Industry sector specialisms include aviation and shipping, energy, infrastructure as well as real estate. For banking and finance, key contacts are Emir Nurmansyah, Herry Nuryanto Kurniawan, Nurdin Adiwibowo and Theodoor Bakker. For corporate and M&A, key contacts are Freddy Karyadi and Rita Tyastuti Taufik. Siahaan Sahat is noted for his work in shipping matters.

Banking and finance

Work highlights

Acted for Bank of China (Hong Kong) in respect of its $153 million loan facility to Palapa Satelit Nusa Sejahtera for the procurement of the Palapa N1 Satellite.

Key clients

ABN AMRO Bank, BNP Paribas, Industrial Bank of Korea

Capital markets

Work highlights

Advised Pertamina in relation to its issuance of $750 million of 6.5% senior notes due 2048. The high-yield notes were listed on the Singapore Exchange in November 2018.

Advising Air Lease Corporation on the formation of asset-based securitisation over two Garuda Indonesia-owned aircraft units that will be sold to a newly formed issuer (SPV).

Key clients

Castlelake, Fullerton Healthcare, Novacon Technology Group

Competition/antitrust

Work highlights

Represented Hotelbeds, a travel technology company, on competition aspects including filing the mandatory post-MCA notification and related documents with the Komisi Pengawas Persaingan Usaha (KPPU) and monitoring the progress of the KPPU’s assessment.

Key clients

Apro Financial, Green Global Lestari, Mitsui & Co, Trina Group

Corporate and M&A

Work highlights

Advised General Electric on the global sale of its water processing technology business and assets in multiple jurisdictions to France-based GDF Suez (now ENGIE), a natural gas distribution company.

Key clients

Layar Persada, Samtan Co

Dispute resolution

Work highlights

Represented Wallem Group, a leading Hong Kong-based ship management and services company, against claims brought by its joint venture partner Layar Sentosa Shipping alleging that Wallem Group was failing to fulfil its obligations under the agreement that contained a dispute resolution clause and brought a tort claim for aggregate damages of nearly $130 million before the Central Jakarta District Court (CJDC).

Key clients

Alila Hotels and Resorts, AXN Holdings, Current Finance, Japan Bank for International Cooperation

Labour and employment

Work highlights

Advised Merck Sharp Dohme Pharma (MSD Pharma) in designing a termination strategy, reviewing internal and external communications, drafting termination documents and assisting with the signing process for individual termination agreements regarding nearly 70 terminations.

Key clients

Edelman Indonesia, Hyundai Motor, Petroliam Nasional (Petronas)

Restructuring and insolvency

Work highlights

Acting for noteholders of Bakrie Telecom by providing expert testimony on Indonesian law to the United States Bankruptcy Court Southern District of New York in the ongoing Chapter 15 petition for recognition of a foreign proceeding.

Key clients

Deutsche Investitions-und Entwicklungsgesellschaft (DEG)