PT Blue Bird Tbk (BIRD), its subsidiaries, and the parties around the companies have gone through a share ownership disputes since 2013. We recorded dozens of similar lawsuits filed at the South Jakarta District Court, this is of course not including the other lawsuits filed in other district court. In 2014, one Lani Wibowo and one Elliana Wibowo filed a lawsuit against PT Big Bird and dozens of other individuals, including the Financial Service Authority (OJK), demanding the court to recognize them as the rightful owners of shares in the Company. The district court rejected the lawsuit but the High Court overruled the verdict in 2016. On the stage of cassation, the Supreme Court decided to uphold the High Court decision. On July 3, 2018, BIRD announced the cassation verdict in the disclosure of information to the Indonesia Stock Exchange.To subscribe please click here