The Legal 500 - Asia Pacific (2023)
Antitrust and Competition – Tier 1
Aviation – Tier 1
Banking and Finance – Tier 2
Capital Markets – Tier 1
Corporate and M&A – Tier 1
Dispute Resolution – Tier 1
Intellectual Property – Tier 2
IT, Telecoms and Fintech – Tier 1
Labour and Employment – Tier 1
Projects and Energy – Tier 1
Real Estate – Tier 1
Restructuring and Insolvency – Tier 1
Shipping – Tier 1
Tax – Tier 1
Leading Lawyers:
Ahmad Fikri Assegaf – Banking and Finance
Ahmad Maulana – Labour and Employment
Asep Ridwan – Antitrust and Competition
Chandra Hamzah – Dispute Resolution, Intellectual Property
Dewi Soeharto – Intellectual Property
Eri Hertiawan – Dispute Resolution, Restructuring and Insolvency
Farid Nasution – Antitrust and Competition
Ibrahim Sjarief Assegaf – Projects and Energy, Restructuring and Insolvency
Kanya Satwika – Projects and Energy
Yogi Sudrajat Marsono – Real Estate
Zacky Hussein – IT, Telecoms and Fintech
Next Generation Lawyers:
Indira Yustikania – Banking and Finance
Mohammad Renaldi Zulkarnain – Capital Markets
Rising Stars:
Carol Lim – Corporate and M&A
Wildan Lukman Nurmajid – Shipping
Hall of Fame:
Ahmad Fikri Assegaf – Capital Market; Corporate and M&A
Bono Daru Adji – Capital Markets
Key Lawyers:
Agnes Wardhana - Real Estate
Ahmad Fikri Assegaf – Banking & Finance, Capital Markets, Corporate and M&A, Tax
Albert Boy Situmorang – Antitrust and Competition
Asep Ridwan – Antitrust and Competition, Dispute Resolution
Bono Daru Adji – Capital Markets, Corporate and M&A
Carol Lim - Corporate and M&A
Harun Ngantung - Banking & Finance
Heru Pamungkas - Real Estate
Ilham Raaziy - Projects and Energy
Indira Yustikania - Banking & Finance
Intan Paramita – Capital Markets
Kanya Satwika - Banking & Finance
Mita Kartohadiprodjo - Corporate and M&A
Mohammad Renaldi Zulkarnain – Capital Markets
Muhammad Iqsan Sirie – IT, Telecoms and Fintech
Muhamad Kamal Fikri – Labour and Employment
Nazly Parlindungan Siregar - Tax
Simon Barrie Sasmoyo – Dispute Resolution
Tracy Tania – Banking & Finance, Restructuring and Insolvency
Tunggul Purusa Utomo – Capital Markets
Valerie Ngoi Ming Hui - Corporate and M&A
Vovo Iswanto – Antitrust and Competition
Wildan Lukman Nurmajid - SHipping
Yanu Wiriasmoko - Shipping
Antitrust and Competition
Praised as the ‘go-to firm for merger filings in Indonesia’, Assegaf Hamzah & Partners acts for clients on a wide range of matters, from general competition and compliance issues, to cartel investigations and merger notifications. Key work highlights include assisting in the submission of an acquisition notification to the Indonesian Competition Commission (KPPU) by a subsidiary of Sinopec, and supporting Sinochem throughout the entirety of the merger control process. The practice regularly collaborates with the firm’s disputes team to handle competition litigation, as well as the corporate group to advise on compliance issues with Indonesia’s antitrust regime. HMBC Rikrik Rizkiyana leads the team and has considerable experience advising on high-end merger clearances in Indonesia, while Farid Nasution, who previously worked at the KPPU, is noted for his expertise in merger filings and competition disputes.
Banking and Finance
Assegaf Hamzah & Partners is part of the Rajah & Tann Singapore LLP Asia network and as such, is well placed to handle regional deals. The banking, finance and projects team advises on structured finance transactions, from simple secured or unsecured bilateral lending, through to multifaceted credit facilities. The team is also strong in the fintech arena, where it advises clients on regulatory and industry-related matters. Practice head Ibrahim Sjarief Assegaf counts foreign and domestic financial institutions, borrowers and sponsors among his clientele and is recommended for project finance work. Ahmad Fikri Assegaf is a co-founder of the firm and has notable experience in M&A, finance and Shariah finance issues; and Indira Yustikania is recommended for regulatory and transactional matters, with a focus on the fintech sector. Harun Ngantung and Tracy Tania were recently promoted to partner.
Capital Markets
Assegaf Hamzah & Partners handles high-value and high-profile capital markets deals for companies, underwriters, financial institutions, and investment banks, advising on domestic and international public and private debt and equity offerings. Practice head Putu Suryastuti has over 20 years’ experience of IPOs, secondary offerings and private placements, with a focus on the financial services, telecoms, aviation and manufacturing sectors. Managing partner Bono Daru Adji is also active in the team alongside co-founder Ahmad Fikri Assegaf, who has 25 years’ experience in capital markets transactions. Mohammad Renaldi Zulkarnain is experienced in commercial and securities regulation, and senior associate Astrid Widyakartika left in July 2021 for an in-house role at the Indonesia Investment Authority.
Corporate and M&A
Assegaf Hamzah & Partners is well versed in domestic and cross-border M&A deals and has strong competition and tax practices which it uses for support on transactions. As part of the Singaporean firm Rajah & Tann Singapore LLP’s Asia network, the firm is well positioned to handle regional and international deals and with a dedicated China desk, it capitalises on the strong flow of FDI coming into Indonesia from the country. Eko Basyuni heads the group and is experienced in joint ventures, competitive bids and private sales and disposals of private and publicly listed companies, while co-founder of the firm Ahmad Fikri Assegaf has notable experience in advising venture capital and private equity investors looking to invest in the Indonesian market. Managing partner Bono Daru Adji is also active in the team, as is foreign counsel Carol Lim, who has considerable experience in multijurisdictional transactions.
Dispute Resolution
Assegaf Hamzah & Partners fields a large corporate litigation team which handles a broad range of disputes, including arbitration, mediation and alternative dispute resolution (ADR). The team, which is well versed in disputes pertaining to the IP, employment, banking and finance, tax, shipping and TMT arenas, is jointly led by Chandra Hamzah and Eri Hertiawan. As part of the Rajah & Tann Singapore LLP Asia network, the firm is well placed to handle cross-border cases; Hertiawan is a veteran litigator, member of the Singapore international Arbitration Centre (SIAC) and an accredited mediator; and Hamzah focuses on commercial disputes, anti-corruption, corporate governance and IP matters. Asep Ridwan is a commercial litigator who focuses on competition and bankruptcy, while Simon Barrie Sasmoyo was promoted to partner in April 2022.
Intellectual Property
Assegaf Hamzah & Partners advises its roster of clients, including TikTok and LionsGate Entertainment, on a broad range of contentious and non-contentious matters concerning trademarks, patents, copyrights and industrial design, as well as plant variety protection and trade secrets. As part of the Rajah & Tann Singapore LLP network, the team is well-placed to advise on trans-national trademark registrations and enforcement of IP rights. Co-founding partner Chandra Hamzah, who focuses on IP disputes, jointly leads the team alongside Dewi Soeharto, who acts for clients in the TMT sector on a range of IP mandates.
IT, Telecoms and Fintech
Assegaf Hamzah & Partners offers a full suite of services and advises on matters concerning digital technology, cyber security, data protection, telecoms, financial innovation, M&A transactions and broadcasting. The team prides itself on providing integrated solutions to its roster of clients, by combining technology expertise with regulatory and financial services capability. Zacky Zainal Husein heads the practice and has demonstrable experience advising on regulatory issues associated with the full spectrum of TMT mandates, while banking and finance expert Indira Yustikania is noted for her expertise of the fintech sector in Indonesia. Muhammad Iqsan Sirie was promoted to partner in April 2022 and advises on blockchain, cryptocurrency, cloud computing and AI matters.
Labour and Employment
Assegaf Hamzah & Partners has demonstrable experience advising on non-contentious employment matters and is well-placed to collaborate with the firm’s litigation team to handle employment disputes. Experienced litigator Ahmad Maulana leads the practice and represents public and private corporations in manpower-related investigations, with expertise across the full range of employment disputes. Muhamad Kamal Fikri, who handles contentious employment matters, is another key figure in the team. Key clients include PT Space Data Center, PT APL Logistics and Veritas Technologies, to name a few.
Projects and Energy
Noted for its experience in working with the Indonesia government on major infrastructure projects, Assegaf Hamzah & Partners has a strong capability in PPPs and foreign direct investment projects, with experience in drafting and negotiating power purchase agreements and long-term oil and gas supply agreements. The team regularly acts for domestic clients, as well as investors from China and Japan, two of the key players in the Indonesian infrastructure development space. Ibrahim Sjarief Assegaf, who advises on project financing matters, jointly leads the team alongside Kanya Satwika, who focuses on power plant projects and mandates concerning renewable energy. Senior associate Ilham Raaziy has experience in the energy and mining sectors.
Real Estate
Assegaf Hamzah & Partners advises domestic and international companies on a broad range of real estate mandates, from asset management and property development projects to construction agreements and M&A transactions. The team, which boasts impressive advisory and litigious capabilities, is well-placed to collaborate with the firm's energy and projects practice to advise on the real estate aspects of infrastructure projects. Yogi Sudrajat Marsono leads the team and handles high-value real estate transactions, in addition to contentious matters, while associates Agnes Wardhana and Heru Pamungkas are also key figures in the team.
Restructuring and Insolvency
Assegaf Hamzah & Partners advises on a broad range of matters concerning debt restructurings and bankruptcy proceedings, as well as representing creditors and domestic companies in insolvency cases. The team frequently leverages the expertise of other departments in the firm and is well-placed, as part of the Rajah & Tann Singapore LLP network, to handle cross-border mandates. Ibrahim Sjarief Assegaf acts for domestic and international financial institutions on debt restructurings, while seasoned litigator Eri Hertiawan focuses on bankruptcy cases and insolvency litigation. Assegaf and Hertiawan lead the team alongside Chandra Hamzah.
Shipping
Praised for its ‘in-depth knowledge and experience’, Assegaf Hamzah & Partners offers the full suite of services, encompassing all shipping-related matters, from contentious and non-contentious shipping financing, marine casualties and cargo claims to natural resources transportation and maritime insurance. The practice has also seen an increase of M&A transactions in the shipping sector. Ibrahim Sjarief Assegaf, who focuses on shipping finance matters, leads the team alongside Chandra Hamzah and seasoned litigator Eri Hertiawan, who is noted for his expertise in high-value shipping disputes. Yanu Wiriasmoko advises on M&As and banking and finance transactions in the shipping sector and is another key member of the group.
Tax
Assegaf Hamzah & Partners acts for domestic and international companies, as well as high-net-worth individuals, on both contentious and non-contentious tax matters, with demonstrable experience representing clients in appeals to the Tax Court and judicial review submissions to the Supreme Court. Ahmad Fikri Assegaf and Nazly Parlindungan Siregar are key practitioners, while former practice head Muslimin Damanhuri left for an in-house role at Deloitte Touche Solutions in March 2022.