Assegaf Hamzah & Partners

Assegaf Hamzah & Partners is a leading force in transactional work including banking and finance, capital markets, competition/antitrust and corporate and M&A work. In 2018, the firm expanded its intellectual property practice through a merger with IP boutique firm, Dewi Soeharto Law Partnership. For banking and finance, key contacts are Ibrahim Sjarie Assegaf and Kanya Satwika. For capital markets, key contacts are Ahmad Fikri Assegaf, Bono Daru Adji and Putu Suryastuti. For dispute resolution, key contacts are Eri Hertiawan and Chandra Martha Hamzah. Ahmad Maulana is a key contact for labour and employment work.

Banking and finance

Work highlights

Advised Bank Danamon Indonesia on the sale of nearly 180 thousand non-performing loans comprised of unsecured personal loans issued by BDI to Collectius Group, a multinational credit management service and asset management company.

Key clients

National Bank of Kuwait, TAEL Partners

Capital markets

Work highlights

Advised the Republic of Indonesia on the issuance of government samurai bonds comprising of four series.

Key clients

Bank Tabungan Pensiunan Nasional Syariah, Deutsche Bank, Malayan Banking, Star Energy Geothermal (Wayang Windu)

Competition/antitrust

Work highlights

Defending Japfa Comfeed Indonesia, the second biggest poultry breeder, on appeal before the District Court of South Jakarta for failing to notify the KPPU of its acquisition of Multi Makanan Permai within a prescribed timeframe pursuant to government regulation. This is the first instance in which a district court decided to reduce a fine imposed by the KPPU in context of a failure to notify the KPPU of an acquisition.

Key clients

Meratus Line, Reco Promenade, Tirta Investama

Construction

Work highlights

Acted for Meindo Elang Indah in reviewing its onshore EPC contract regarding the Jawa-1 Project.

Key clients

Geo Dipa Energi

Corporate and M&A

Work highlights

Advising Mitra Pinasthika Mustika on executing a divestment of its 100% stake in Federal Karyatama, one of Indonesia’s largest manufacturers and marketers of motorcycle lubricants, to Esso Petroleum and ExxonMobil UK.

Key clients

Amanda Cipta Persada, Provident Agro, Salam Pacific Indonesia Lines, SSG Capital Management

Dispute resolution

Work highlights

Representing Coca-Cola Indonesia in its dispute against Bangun Wenang Beverage Co concerning the non-renewal of a bottling agreement.

Key clients

Aneka Tambang, Bank DKI, Indonesia Airasia Extra

Intellectual property

Work highlights

Represented FIFA in preparing and sending a demand letter to Nestlé for promoting their products in association with the 2018 FIFA World Cup without being one of the licensees of FIFA.

Key clients

BeSweet Creations, Indosat, Johnson Controls International, Morinaga Milk Industry

Labour and employment  

Work highlights

Advised British Standard Institute on a dispute between its Indonesian-subsidiary and the labour union of BSI Indonesia.

Key clients

CGS-CIMB Sekuritas Indonesia, Harpindo Mitra Kharisma, Indo Premier Sekuritas

Restructuring and insolvency

Work highlights

Represented Royal Industries Indonesia in relation to its suspension of payment proceedings before the Central Jakarta District Court. The matter involved negotiating with creditors as well as drafting and finalising the settlement agreement. 

Key clients

Bank Permata Indonesia