Victoria Securities v. Adistra Utama

Aug 14, 2015 | Law, Market, News Group

After escalating the status of the case of alleged corruption in the transfer of rights to collect receivables (cessie) between the Indonesian Bank Restructuring Agency (BPPN) and PT Victoria Securities—from investigation into —in April 2015, the Attorney General’s...

Jonan’s Transportation Reform: New Speed Limits

Aug 14, 2015 | Law, News Group

The Ministry of Transportation (Kemenhub) has issued a regulation defining speed limits for vehicles. The Minister of Transportation Regulation (Permenhub) No. PM 111/2015 is Jonan’s effor at suppressing the number of traffic accidents. This new initiative came...

Updates on the Priok Port Corruption Case

Aug 13, 2015 | Industries, Law, Politics

Investigation into alleged corruption and money laundering related to the process of loading and unloading of goods (dwelling time) in the Priok Port continues. After raiding offices in the Ministry of Trade (Kemendag), the Jakarta Metropolitan Police are now...

On the AGO’S New Tim-P4  

Aug 11, 2015 | Law

The Attorney General’s Office (AGO), under the leadership of HM Prasetyo, is slowly taking shape. In the midst of public attention for underperforming the AGO formed a special team called the Guardian, Government Security, and Development Team (Tim Pengawal,...

Legislative Journal : Updates on the 2015 National Legislative Priority Program

Aug 11, 2015 | Law, Politics

The work performance of the House of Representatives (DPR) has been under scrutiny. Since August 2015, the DPR has only managed to enact 2 of the 39 bills that are on the list of the 2015 National Legislative Priority Program (2015 Prolegnas), i.e., the Law on the...

Amendment of Coal Contract of Works

Aug 5, 2015 | Commodities, Law, Market, Politics

Minister of energy and mineral resources Sudirman Said has on Wednesday (August 5) signed amendment of 10 coal contract of works pursuant to Law No. 4/2009 about Mineral and Coal. Among them are three coal contract of works (CCOWs) under PT Indo Tambangraya Megah...

Judicial Review on the Requirements for Independent Candidate

Aug 5, 2015 | Law

The Constitutional Court (MK) still have a lot of examinations to do on various judicial review request on one law, i.e., the Law No. 8/2015 regarding Simultaneous Regional Elections. On August 3, 2015 the Court examined the judicial review request on said Law filed...

Judicial Review on the Law on OJK

Aug 5, 2015 | Law

The Constitutional Court (MK) rejected the judicial review on Law No. 2/2011 on the Financial Services Authority (OJK) proposed by the National Economic Sovereignty Defense Team (TPKEB). MK’s decision affirms the existence of the OJK as a constitutionally...

Bankruptcy Journal: ACA v. APOL

Aug 4, 2015 | Industries, Law

A debt problem resulted with a bankruptcy lawsuit between PT Asuransi Central Asia (ACA) and PT Arpeni Pratama Ocean Line Tbk (APOL). ACA would reportedly file for a cassation after their request for cancelling their peace agreement with APOL was rejected by the panel...

Revisiting Illegal IUPs

Aug 3, 2015 | Industries, Law, Politics

The reconciliation for clean and clear mining permit (IUP CnC) that was carried out since August 2014 ended in June 2015. The Corruption Eradication Commission (KPK) and the Directorate General of Taxation (Ditjen Pajak) was been involved in monitoring the process in...