The Legal 500 - Asia Pacific (2018)
Aviation - Tier 1
Banking and Finance - Tier 1
Capital Markets - Tier 1
Corporate and M&A - Tier 1
Dispute Resolution - Tier 1
Labour and employment - Tier 2
IT and Telecoms - Tier 1
Intellectual Property - Tier 4
Projects & Energy - Tier 2
Real Estate - Tier 2
Restructuring and Insolvency - Tier 2
Shipping - Tier 2
Tax - Tier 3
Leading Lawyers:
Ahmad Fikri Assegaf - Banking and Finance, Capital Markets, Corporate and M&A
Bono Daru Adji - Capital Markets
Next Generation Lawyer:
Mohammad Renaldi Zulkarnain - Capital Markets
Aviation
Assegaf Hamzah & Partners has significant expertise in aviation-related financing and disputes, and clients include Indonesia AirAsia Extra, Garuda Indonesia and Garmin. Eri Hertiawan defended Indonesia AirAsia Extra in a tort action brought by passengers seeking damages for being prevented from boarding one of its flights due to one of them being on Air Asia’s blacklist. He also represented Garuda against Musita in a contract breach dispute. Ibrahim Assegaf has expertise in aircraft leasing.
Banking and Finance
Assegaf Hamzah & Partners has broad capabilities in banking and finance, including structured finance, project finance and trade finance. Ahmad Fikri Assegaf heads the practice and recently advised Indonesia Infrastructure Finance on infrastructure financing through a two-step loan with the World Bank and Sarana Multi Infrastruktur (Persero). Ibrahim Assegaf acted for state-backed Penjaminan Infrastruktur Indonesia (PII) in relation to the Palapa Ring project and the PII and government guarantees to be provided. Yanu Wiriasmoko advised Bank CIMB Niaga on a loan to Net Mediatama Televisi. Kanya Satwika is an expert in finance in the energy and mining sectors.
Capital Markets
Assegaf Hamzah & Partners has a strong track record in equity and debt issuances in Indonesia, and clients include Bank Mandiri and Telkom. Practice head Bono Adji recently advised Credit Suisse on the issuance of senior notes by Japfa Comfeed, and also acted for MedcoEnergi regarding its shelf offering. Ahmad Fikri Assegaf acted for Credit Suisse in the issuance of senior notes, and assisted Sritex with unconditional and irrevocable guarantees given by the client and subsidiary Sinar Pantja Djaja. Senior associate Mohammad Renaldi Zulkarnain is also heavily involved in corporate finance transactions.
Corporate and M&A
Assegaf Hamzah & Partners’ broad practice covers a range of different sectors, including energy, natural resources, TMT and retail. Eko Basyuni heads the practice and has significant expertise in TMT matters. Banking and finance expert Ahmad Fikri Assegaf advised Warburg Pincus, who led the single round of fundraising of GO-JEK, and advised Holcim Indonesia on its acquisition of the entire share capital of Lafarge Cement Indonesia and on post-acquisition restructuring. Transactional expert Valerie Ngooi Ming Hui is qualified in Malaysian law. Zacky Husein has a strong track record in TMT transactions. Tunggul Purusa Utomo is also a key figure and provides ‘clear and reliable advice’.
Dispute Resolution
Assegaf Hamzah & Partners has expertise in civil and commercial litigation, including ADR. Practice co-head Chandra Hamzah recently defended Coca-Cola Bottling Indonesia on charges of causing pollution and extracting groundwater without a permit, and advised Indosat on a dispute with the Ministry of Communication and Informatics regarding alleged unpaid spectrum frequency usage charges. Co-head Eri Hertiawan worked on a complex inheritance dispute regarding the estate of Agus Nursalim. Ahmad Maulana has a strong track record in employment disputes, but also recently represented OPIC in a tort claim.
IT and Telecoms
Assegaf Hamzah & Partners has significant expertise in technology and telecoms-related transactions. Zacky Husein heads the practice, and Bono Adji is also a key figure.
Intellectual Property
Assegaf Hamzah & Partners has expertise in contentious and non-contentious matters, and works for clients including Indosat and Bank Mandiri. Chandra Hamzah heads the practice and recently represented Facebook in online copyright data protection matters. He advised Les’ Copaque and Seven Days Hotel on respective trade mark registrations.
Labour and Employment
Assegaf Hamzah & Partners’ disputes practice is heavily involved in employment matters. Ahmad Maulana heads the practice and recently represented Ascendas Land Indonesia in an employment termination dispute.
Projects & Energy
Assegaf Hamzah & Partners has a strong track record in high-profile infrastructure and energy projects. Practice head Kanya Satwika was recently involved in two major hydroelectric power projects, one where she represented Korea Export-Import Bank, and another representing several Asian banks. She also acted for a consortium in the acquisition of Chevron’s geothermal business in Indonesia and the Philippines. Ahmad Fikri Assegaf worked with MRT Jakarta on the development of the Jakarta underground railway system. Ibrahim Assegaf represented Penjaminan Infrastruktur Indonesia in the Palapa Ring project, which involves a nationwide fibre optic cable network.
Real Estate
Assegaf Hamzah & Partners has significant expertise in foreign direct investment in real estate. Yogi Marsono heads the practice and recently assisted Facebook Singapore and Vivo Indonesia with office space in Jakarta’s central business district.
Restructuring and Insolvency
Assegaf Hamzah & Partners’ restructuring practice is made up of disputes and banking specialists. The firm recently assisted Biltube Indonesia with applying for voluntary bankruptcy. Disputes specialist Ahmad Maulana advised HMS Bergbau Indonesia on a coal sale and purchase agreement with Kasih. Banking and finance specialist Ibrahim Assegaf acted for Raiffeisen Bank International AG regarding debt owed by Trimega Utama Corporindo, and filed a personal bankruptcy petition against its ultimate shareholder who provided a guarantee for the debt under a loan agreement.
Shipping
Assegaf Hamzah & Partners has expertise in ship financing, marine casualties and collisions, cargo claims and securitisation. Eri Hertiawan represented the crew members in the Bali ferry explosion case, where two people were killed.
Tax
Assegaf Hamzah & Partners has significant experience in tax matters. Practice head Wibowo Mukti previously worked for the Indonesian Revenue Service and PwC Jakarta. Muslimin Damanhuri is deputy head of the practice and has ‘a very good knowledge of tax’ and ‘an excellent relationship with local tax authorities’.