The Panel of Judges of the Commercial Court at the Surabaya District Court decided to postpone the last hearing in the PKPU process of PT Merpati Nusantara Airlines to November 7, 2018, stating that they need more time to study the reports submitted by the team of administrators and the supervisory judges. As we all know, the Panel of Judges must decide Merpati’s fate after the Ministry of Finance—the separatist creditor with the largest receivables in the category— chose to reject the airlines’ peace proposal. Separately, the Central Jakarta District Court recently registered a new lawsuit filed against PT Mahkota Sentosa Utama, the developer of Meikarta township project. This lawsuit added to the problems faced not only by the project but also by the Lippo group.
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