Jacqueline Chan, partner in our Singapore office, together with associate Min Kim, have co-authored an article dealing with restructuring in Indonesia under the auspices of the Indonesian Bankruptcy Law (also known as “PKPU”). Due to the impact of COVID-19, Indonesian businesses have been facing increased market challenges resulting in an increase in restructuring activity in Indonesia. The article focuses on providing insights into the insolvency regime and restructuring processes available to both debtors and creditors under PKPU, and has been published in the notable restructuring and insolvency publication Risk Event-Driven and Distressed Intelligence (REDD).
Milbank collaborated with leading Indonesia law firm Assegaf Hamzah & Partners on this article.
Milbank’s Singapore office is a leading Indonesian international law practice, and has been named “Indonesian International Law Firm of the Year” at the Chambers Asia-Pacific Awards for Excellence four times, including most recently in 2020. Milbank’s Singapore restructuring practice is ranked Band 1 by Chambers, and the team regularly advises creditors and borrowers on highly complex cross-border in and out of court restructurings and special situations investments across the region. Singapore partners Jacqueline Chan and David Zemans are both ranked Band 1 by leading legal directories Chambers and Legal 500 for their work in restructuring and insolvency.
Click here to download a copy of the article.
The attached article originally appears in Risk Event-Driven and Distressed Intelligence.
