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Jones Day

Singapore Court Issues Landmark Decision Recognizing Indonesian Restructuring Plan

Jones Day on

The Singapore International Commercial Court ("SICC") has handed down its first insolvency-related ruling. The court granted recognition and full force and effect to Indonesia's flagship airline's restructuring plan. That...more

White & Case LLP

PKPU update: a secured creditor is permitted to file a PKPU petition again

White & Case LLP on

The Indonesian Supreme Court has reinstated the right of secured creditors to file a bankruptcy and suspension of payment (Penundaan Kewajiban Pembayaran Utang or PKPU) process....more

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