Chambers Asia Pacific (2023)
Banking & Finance - Band 2
Capital Markets - Band 1
Competition and Antitrust - Band 1
Corporate/M&A - Band 1
Dispute Resolution - Band 1
Employment - Band 1
Intellectual Property - Band 3
Projects & Energy - Band 2
Real Estate - Band 3
Technology, Media, Telecommunications - Band 1
Asia Pacific Region – Islamic Finance ( Band 3)
Ranked Lawyers:
Ahmad Fikri Assegaf – Capital Markets, Corporate/ M&A (Eminent Practitioners)
Ahmad Maulana - Employment (Band 1)
Asep Ridwan – Competition & Antitrust (Band 1)
Assegaf Ibrahim Sjarief – Banking & Finance (Band 2)
Bono Adji – Capital Markets, Corporate/ M&A (Band 1)
Chandra M Hamzah – Dispute Resolution (Senior Statespeople)
Dewi Soeharto – Intellectual Property (Band 3)
Eko Basyuni - Corporate/ M&A(Band 3)
Eri Hertiawan - Dispute Resolution (Band 1)
Iqsan Sirie Muhammad – TMT (Up and coming individuals)*
Kanya Satwika – Project & Energy (Band 2)
Nasution Farid – Competition & Antitrust (Band 1)
Paramita Intan – Capital Markets (Up and coming individuals)
Putu Suryastuti – Capital Markets (Band 2)
Renaldi Zulkarnain Mohammad – Capital Markets (Up and coming individuals)
Rizkiyana Rikrik – Competition/ Antitrust (Senior Statespeople)
Situmorang Albert Boy – Competition & Antitrust (Associate to watch)
Valerie Ngooi Ming Hui - Corporate/ M&A (Band 2)
Zacky Z Husein - TMT (Band 1)
Banking & Finance
What the team is known for
Assegaf Hamzah & Partners is a notable full-service law firm in Indonesia, regularly advising borrowers and lenders on a broad range of conventional and Shari’a-compliant deals. The firm assists clients with acquisition, asset and structured financings, advising leading Indonesian and overseas banks and corporates. The team is also well placed to handle project and infrastructure finance, fintech issues, restructuring and insolvency mandates and bank merger deals. Clients include Bank Rakyat Indonesia and Bank Mandiri.
Strengths
“They are committed to the project that they are involved with, which is reflected in the excellent service and response time they provide to us.”
“AHP has excellent associate depth and also a broad range of experts within the partnership.”
Work highlights
Assegaf Hamzah & Partners advised Garuda Indonesia on the proposed restructuring of all its financial and trade debts and aircraft leases, as well as its business transformation.
Notable practitioners
Ibrahim Sjarief Assegaf represents top Indonesian and international banks in a range of acquisition finance, project finance and refinancing deals, as well as debt restructuring.
Capital Markets
What the team is known for
Assegaf Hamzah & Partners offers a full suite of legal services for capital markets, including advising on convertible bonds, IPOs and private placements in Indonesia. Additionally the team is adept at advising on Shari’a-compliant sovereign debt issuances. The group is particularly active for issuers, advising several of Indonesia’s largest corporates in the energy, mining and TMT sectors. The firm also represents government entities and financial institutions in capital markets transactions. Medco Power, GoTo and Bukalapak are among the team’s clients.
Strengths
“Their understanding of the matters is good, and they are able to provide solutions to the problem.”
“Assegaf Hamzah & Partners is a solid firm and a reliable name in the market.”
Work highlights
Assegaf Hamzah & Partners acted for Medco Energi on the issuance of a 144A/Reg S USD400 million bond with a 6.95% coupon.
Notable practitioners
Ahmad Fikri Assegaf is a seasoned lawyer in Jakarta with a broad practice covering capital markets, M&A and finance. He is experienced in representing issuers in bond transactions.
Bono Adji is recognised by market commentators as a highly experienced and sought-after lawyer in Indonesia for capital markets and public M&A matters. He advises on both debt and equity deals.
Putu Suryastuti acts for issuers and banks on bond issuances and rights issues in Indonesia, and is notably active representing financial institutions in their capital-raising activities.
Intan Paramita is an emerging name in Indonesia’s capital markets legal space, often advising leading corporates on bond and rights issues, as well as IPOs. Her deals cover a range of sectors, including TMT, energy and natural resources.
Mohammad Renaldi Zulkarnain is an up-and-coming capital markets lawyer in Indonesia whose expertise includes advising government entities on sovereign bonds. He handles both debt and equity issuances.
Competition and Antitrust
What the team is known for
Assegaf Hamzah & Partners possesses expertise across a wide range of competition and antitrust legal matters, including representing clients in major cartel investigations before the KPPU. The firm also handles cartel and price-fixing cases, alongside merger notifications and competition audits. The group is entrusted by multinational and domestic clients from the automotive, technology, transportation and manufacturing sectors, among others. Its competition team includes former KPPU employees, who provide additional regulatory expertise, and in-house economists. The firm’s clients include China Petroleum & Chemical, Tirta Investama and Salam Pacific Indonesia Lines.
Strengths
“Assegaf Hamzah & Partners has good experience and sufficient resources to handle complex work.”
“Their advice is practical.”
Work highlights
Assegaf Hamzah & Partners assisted Sinochem with the process of notification of its share acquisition in Luxi Group.
Notable practitioners
Rikrik Rizkiyana is a highly respected competition lawyer who is noted for his experience in Indonesia.
He has a broad practice encompassing merger control and KPPU investigations.
FaridNasution has an active practice in transactional and contentious competition law matters in Indonesia. He is able to draw on his experience working for the KPPU to assist clients.
Asep Ridwan is recognised by commentators for his proficiency in handling contentious and non-contentious competition law mattersin Indonesia. His expertise includes price fixing and discriminatory practice mandates.
Albert Boy Situmorang is a senior associate in Jakarta who is well versed in merger control issues, acting for companies in the oil and gas, technology, automotive and banking sectors. He also assists clients with internal antitrust law analyses.
Corporate M&A
What the team is known for
Assegaf Hamzah &Partners has a market-leading corporate law practice in Jakarta, active on some of the largest and most complex M&A transactions in the region. The corporate team advises major Indonesian clients and prominent international companies on joint ventures, foreign direct investment and private equity. The firmis also valued for its work in real estate, particularly on development deals and lease agreements. The real estate team regularly handles acquisitions pertaining to industrial and retail properties. The team’s clients include Supreme Energy, Alim Investindo and Pelabuhan Indonesia Maspion.
Strengths
“AHP has the manpower capacity to conduct large transactions and is capable due to having highly regarded individuals who are experts in the industry.”
“They are always responsive and able to meet tight deadlines.”
Work highlights
Assegaf Hamzah & Partners acted for Haji Financial Management Agency on its acquisition of Bank Muamalat Indonesia.The team also assisted Petrokimia Gresik with assessing and formulating a mechanism to manage its land and building assets.
Notable practitioners
Ahmad Fikri Assegaf is an established figure in Jakarta’s legal market. He is best known for handling notable transactions in the financial services and oil and gas sectors.
Bono Adji is a highly respected M&A lawyer in Jakarta. He has significant expertise in assisting major Indonesian, regional and international corporates with structuring transactions.
Valerie Ngooi Ming Hui is an experienced foreign legal consultant within the Indonesian market,according to market commentators. She represents foreign investors and local clients in acquisitions, sales and joint ventures.
Eko Basyuni handles M&A, foreign direct investment and restructuring deals in Indonesia. His experience spans technology, banking and healthcare deals.
Dispute Resolution
What the team is known for
Assegaf Hamzah & Partners maintains an excellent reputation as a leading law firm in Indonesia for contentious matters, ranging from commercial disputes to competition litigation.The team’s areas of focus include employment, land, transportation, natural resources and mining-related cases. The firm especially acts for leading domestic corporates, as well as foreign entities, and is active on complex arbitration, frequently appearing in BANI proceedings. Clients further benefit from the firm’s membership of the Rajah & Tann Asia network, as well as its other practice area departments in Jakarta, which often work in conjunction with the disputes team. Garuda Indonesia, Meratus Line and Tirta Investama feature among the firm’s clientele.
Strengths
“Assegaf Hamzah has great knowledge and experience, and is well connected.”
“They provide good services and are very responsive.”
Work highlights
Assegaf Hamzah & Partners acted for Tokopedia on a civil lawsuit submitted before Central Jakarta District Court, which related to a data theft incident.
Notable practitioners
Chandra Hamzah is a co-founder of Assegaf Hamzah & Partners and a respected figure in Indonesia’s legal community. He represents Indonesian and international clients in several high-profile matters, including in relation to shipping, broadcasting and anti-corruption.
Eri Hertiawan is a leading lawyer for litigation and arbitration in Indonesia, with expertise in such areas as aviation, natural resources and general contractual disputes.
Intellectual Property
What the team is known for
Assegaf Hamzah &Partners is a full-service law firm in Indonesia with an emerging IP practice. The team is well versed in the negotiation of IP licensing agreements, including copyright and trade marks, and is also active on trade mark registration and copyright infringement disputes. The firm is able to leverage its strength in dispute resolution to assist clients with IP litigation. Assegaf Hamzah & Partners represents global and Indonesian corporates from a range of sectors including media and entertainment, TMT, retail, healthcare and banking. Clients include Lions Gate Entertainment, TikTok and Tirta Investama.
Strengths
“Assegaf Hamzah & Partners has professionally handled all the enquiries we have had throughout the process.”
Work highlights
Assegaf Hamzah & Partners assisted Columbia Asia Healthcare with the review of its existing IP licence agreements in Indonesia and the recordal of each with the Intellectual Property Office.
Notable practitioners
Dewi Soeharto is well known for her trade mark legal practice in Indonesia. She also advises on copyright and IP licensing agreements and is especially noted for her representation of media companies.
Projects & Energy
What the team is known for
Assegaf Hamzah &Partners is noted for advising some of the region’s largest energy and resources companies, as well as government entities and export credit agencies, on legal matters in Indonesia. The team is proficient in handling project-related transactions, financings and development in the oil and gas, renewable energy and petrochemical spaces, as well as mining, road and port infrastructure developments. The firm is frequently involved in cross-border matters for both lenders and project companies. Clients include Aneka Tambang, Indonesia Asahan Aluminium and Penjaminan Infrastruktur Indonesia.
Strengths
“The team is very knowledgeable on the legal aspects of our issues and is able to give easy to understand explanations to non-legal experts.”
“Assegaf Hamzah & Partners is very commercially minded and delivers high-quality work.”
Work highlights
Assegaf Hamzah & Partners advised Aneka Tambang on the structuring, development and procurement of the Haltim Feni Power Plant in East Halmahera.
Notable practitioners
Kanya Satwika has expertise in Indonesia’s oil and gas and power space, including renewable energy, as well as infrastructure projects.
Technology, Media, Telecoms (TMT)
What the team is known for
Assegaf Hamzah & Partners has a well-reputed legal team in Indonesia, routinely instructed by leading telecoms and technology companies on commercial and regulatory mandates.The team often advises on cloud, e-commerce and data centre mandates. The group also demonstrates expertise in data protection and cybersecurity matters, as well as regulatory issues involving satellites.
Assegaf Hamzah & Partners regularly works alongside its other practice area departments, including in relation to M&A and fundraising issues within the TMT sector.
Strengths
“Assegaf Hamzah & Partners’ team has really strong legal knowledge on relevant issues and can advise by comparing against current industry practice. They are able to give practical legal advice.”
Notable practitioners
Zacky Zainal Husein heads the TMT law team at Assegaf Hamzah & Partners in Jakarta. He has strong regulatory expertise across cloud, data protection, cybersecurity and OTT services.
Muhammad Iqsan Sirie is a partner at Assegaf Hamzah & Partners in Jakarta. He is active on a range of TMT matters, including telecoms regulatory, cloud and data centre matters, as well as transactions.
Asia- Pacific region - Islamic Finance
What the team is known for
Leading Indonesian corporate law firm Assegaf Hamzah & Partners has a strong focus on DCM, regularly representing issuers in sukuk deals. The team is also well versed in Shari’a-compliant banking regulations. Its clients include CIMB and Dubai Islamic Bank.
Work highlights
Assegaf Hamzah & Partners advised the joint lead managers, including CIMB Investment Bank, on a USD3.25 billion sukuk issuance by the Republic of Indonesia.
Notable practitioners
Ahmad Fikri Assegaf and Mohammad Renaldi Zulkarnain are key contacts.