Soemadipradja & Taher

Banking and finance  

Work highlights  

Acted for International Finance Centre (IFC) in relation to the refinancing of a $40 million loan to Radana Bhaskara Finance.  

Capital markets   

Work highlights  

Advised Saka, the upstream subsidiary of national gas company PGN, in relation to its $625 million issue of bonds, to be listed on the Singapore Stock Exchange. This was one of the largest debut issues by an Indonesian issuer in 2017 and the first by a sovereign or quasi-sovereign issuer in the last two years.  

Key clients  

Indonesian Ministry of Finance, Merck Indonesia 

Corporate and M&A  

Work highlights  

Advised Japan Tobacco International on acquiring Karyadibya Mahardhika (KDM) and Surya Mustika Nusantara (SMN) for $677 million, and the two companies’ debt for $323 million. 

Key clients  

Mitsubishi Materials Corporation, Neptune Energy Group, Rosneft Oil Company, Williams-Sonoma 

Dispute resolution   

Work highlights  

Represented TEPI in a land possession dispute, as one of the defendants against an unlawful claim brought by an individual. A panel of judges at the district court ruled in favour of TEPI.  

Key clients  

Marubeni Grain & Oilseeds Trading Asia, Stolt-Nielsen 

Labour and employment 

Work highlights  

Advised WeWork on labour and employment matters through a partner international law firm. 

Key clients  

WorkDay 

Restructuring and insolvency   

Work highlights  

Advised Chevron on a bankruptcy matter in relation to its OCTG pipes that were being held by the receivers of Dhiva Inter Sarana, which was under bankruptcy.  

Client feedback  

“Law firms must familiarise themselves with the ‘please make it happen as soon as possible’ attitude of start-up co-founders. Business-wise, we cannot do it in any other way since our business is all about speed and disruption. S&T lawyers know this and have been very helpful in helping us close our previous funding round at speed through their legal expertise, with great accuracy.” - Corporate and M&A 

 “Highly professional, experienced and provide good legal advice on the local legal environment.”-Restructuring and insolvency