Panghegar Group’s efforts to rescue its two subsidiaries PT Panghegar Kana Properti and PT Hotel Panghegar is over. At the hearing held on June 15, 2016, both companies were eventually declared bankrupt by the Panel of Judges of the Commercial Court of the Central Jakarta District Court. The legal counsel of both companies Syaiful Huda Lazuardhi told the press that he would propose a wide range of legal actions for he believed the PKPU process was conducted unfairly.

The team of curators on the insolvency of PT Metro Batavia have just announced another plan to distribute the results of the auction of assets in the amount of Rp37,06 billion. In this fourth stage of auction results distribution, the team of curators will distribute to the tax office and Batavia Air’s former employees as the preferred creditors; and to PT Bank Muamalat Indonesia Tbk (BBMI) as the separatist creditor.

In a speech delivered at the opening of the 2016 National Conference of Indonesian Chancellors Forum held in late January, President Joko “Jokowi” Widodo told the attendees that there were 42,633 overlapping legislations, of which 3,000 are bylaws considered burdensome for business. The President then said that he had instructed the Minister of Home Affairs to cancel said bylaws. At the beginning of this week, or 4 months later, the Government reportedly canceled 3,143 bylaws. What legal basis did the Government use for this move? What kind of bylaws did they consider burdensome? What are the implications?

The process of Suspension of Debts Payment (PKPU) for PT Trikomsel Oke Tbk (TRIO) is still ongoing. At the hearing held on June 16, 2016, the Panel of Judges of the Commercial Court of the Central Jakarta District Court decided to grant the third application for an extension of time. TRIO was granted 45 more days to revise its peace proposal.

At the end of May 2016 news, a map published by the Singaporean property developer Funtasy Island Development (FID) Pte Ltd—the developer of Pulau Manis in Batam—made news. In said map, Pulau Manis, marketed under the name Funtasy Island, was colored turquoise, the same as the rest of Singapore, whereas Malaysia and Indonesia territory were colored white. As a result of these difference in coloring, Pulau Manis appeared as if it’s a part of Singaporean territory. The Indonesian Government reacted to the revelation and questioned FID.

The creditors of PT Dwi Aneka Jaya Kemasindo Tbk (DAJK) decided to give the Company another opportunity to revise their peace proposals in the process of Suspension of Debt Payment (PKPU). This decision was accepted by the Panel of Judges of the Commercial Court at Central Jakarta District Court at the hearing held on June 13, 2016. With this decision, DAJK has 45 more days.

The bribery case involving the former Hanura politician Dewie Yasin Limpo has reached the finish line. On June 13, 2016, the Corruption Court of the Central Jakarta District Court read the verdict of Dewie and Bambang Wahyuhadi (her staffer). Both were found guilty for accepting bribes and sentenced to 6 years in prison with the obligation to pay Rp200 million in fine subsidiary 3 months imprisonment. But the Panel of Judges rejected the Prosecutor’s demand for the forfeiture of Dewie’s political rights.

After one of its subsidiaries PT Panghegar Kana Legacy was declared bankrupt in mid May 2016, the Panghegar Group is facing another set of problem. Two of the Group’s other subsidiaries, PT Panghegar Kana Properti and PT Hotel Panghegar, have had their request for an extension of Suspension of Debts Payment (PKPU) status rejected by creditors. The future of the two companies is in the hands of the Panel of Judges of the Commercial Court.

The Director of PT Windhu Tunggal Utama Abdul Khoir has been sentenced to 4 years imprisonment with the obligation to pay Rp200 million in fine after he was found guilty of bribing at least 4 members of the House of Representatives and a state official. The verdict is surprising because the KPK named Abdul Khoir as a Justice Collaborator, which is the reason why the prosecutors only asked for 2 years and 6 months for Abdul Khoir. But the Panel of Judges believed that Abdul played a key role in the crime, and so he was deemed unfit to deserve the privileges of a Justice Collaborator.