The Legal 500 - Asia Pacific (2024)
Antitrust and Competition – Tier 1
Aviation – Tier 1
Banking and Finance – Tier 2
Capital Markets – Tier 1
Corporate and M&A – Tier 2
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 2
Tax – Tier 1
Leading Lawyers:
Ahmad Fikri Assegaf – Banking and Finance
Ahmad Maulana – Labour and Employment
Alvin Ambardy - Aviation
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
HMBC Rikrik Rizkiyana – Antitrust and Competition
Ibrahim Sjarief Assegaf – Aviation, Projects and Energy, Restructuring and Insolvency
Kanya Satwika – Projects and Energy
Mohammad Renaldi Zulkarnain – Capital Markets
Yogi Sudrajat Marsono – Real Estate
Zacky Hussein – IT, Telecoms and Fintech
Next Generation Lawyers:
Intan Paramita – 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:
Ahmad Fikri Assegaf – Capital Markets
Albert Boy Situmorang – Antitrust and Competition
Angelica Ayu Maharani – Corporate and M&A
Ari Juliano Gema – Intellectual Property
Asep Ridwan – Antitrust and Competition
Bono Daru Adji – Capital Markets, Corporate and M&A
Carol Lim - Corporate and M&A
Harun Ngantung - Banking and Finance
Heru Pamungkas – Dispute Resolution, Real Estate
Indira Yustikania - Banking and Finance
Intan Paramita – Projects and Energy
Mita Kartohadiprodjo - Corporate and M&A
Mohammad Renaldi Zulkarnain – Capital Markets
Muhammad Iqsan Sirie – IT, Telecoms and Fintech
Muhamad Kamal Fikri – Labour and Employment
Simon Barrie Sasmoyo – Dispute Resolution
Tracy Tania – Restructuring and Insolvency
Tunggul Purusa Utomo – Capital Markets, Corporate and M&A
Valerie Ngoi Ming Hui - Corporate and M&A
Vovo Iswanto – Antitrust and Competition
Wildan Lukman Nurmajid - Shipping
Yanu Wiriasmoko - Shipping
Antitrust and Competition
Assegaf Hamzah & Partners' team is very well known for its solid track record in advising on merger filings and notifications to the Indonesian Competition Commission (KPPU). The practice leverages the firm's expertise in corporate law and dispute resolution to assist with competition litigation and compliance issues. HMBC stands out for his expertise in handling high-profile merger clearances; he co-heads the practice with Farid Nasution, whose workload takes in contentious competition matters and compliance mandates. Vovo Iswanto, Asep Ridwan and newly promoted partner Albert Boy Situmorang are key names to note.
Aviation
Assegaf Hamzah & Partners is primarily focussed on disputes in the aviation space, covering cases relating to tort claims brought by passengers, allegations of cartel made by the KPPU, and contract breaches. The firm also has capabilities in relation to complex restructuring and insolvency-related mandates, with experience advising major carriers in their high-profile insolvency proceedings. Eri Hertiawan leads on the firm’s aviation work and, being the co-head of the firm’s disputes practice, has particular expertise in disputes involving airline clients. Ibrahim Sjarief Assegaf, as head of banking, finance, and projects work, is active in relation to insolvency proceedings in this space, and senior associate Alvin Ambardy, besides his predominantly arbitration-based practice, is similarly of note for his work relating to insolvency matters.
Banking and Finance
The banking and finance practice at Assegaf Hamzah & Partners is noted for its strengths in the fintech space, and its strong experience in assisting Chinese investors with mandates involving foreign direct investment into Indonesia. Led by structured finance expert Ibrahim Sjarief Assegaf, the team regularly acts for Indonesian government agencies and regulators. Ahmad Fikri Assegaf advises on venture capital, private equity, and corporate financing matters, and Harun Ngantung fields extensive experience in handling syndicated lending, structured and leveraged finance, and refinancing transactions. Indira Yustikania is a key name for fintech mandates.
Capital Markets
Assegaf Hamzah & Partners covers the full gamut of capital market matters, covering both public and private debt and equity offerings, with a particular strength in advising on the structure and implementation of Shariah-compliant financing and investment transactions. As a a part of the Rajah and Tann Asia network, the firm is able to draw upon the expertise from other Asian jurisdictions, and is otherwise noted for its strengths in the energy, natural resources, and financial sectors. Putu Suryastuti heads up this work, employing her corporate transactional expertise to IPOs, secondary offerings, private placements, and debt offerings. Ahmad Fikri Assegaf valued for the breadth of his experience, while Bono Adji and Tunggul Utomo have a greater emphasis on the natural resources, energy, telecoms, and finance industries. Mohammad Zulkarnain and Intan Paramita are highly active in this area and crucial contacts.
Testimonials
‘The team have robust and in-depth knowledge of capital markets.’
‘Intan Paramita is fast to respond and has a creative mindset.’
‘Professional experts. They thoroughly understand capital market and give insights and advices accordingly to the situation.’
‘They have in-depth knowledge of the market, and provide us with solutions. They are able to quickly understand our needs and provide us with investment options that are tailored to our specific goals.’
‘The capital markets team at AHP is very professional and responsive. Their experiences and connections with relevant authorities make their legal opinion efficient and practical.’
Corporate and M&A
Assegaf Hamzah & Partners combines regional strengths, drawing on the expertise and resources of the Rajah & Tann Asia network, with wide-ranging capabilities in the corporate space, supported by the firm’s competition and tax practices. Eko Basyuni leads the practice, covering the full range of M&A, joint ventures, FDI, and restructurings for clients from a range of sectors. Name partner Ahmad Fikri Assegaf remains an active team member. Other lawyers of note include Tunggul Utomo, Valerie Ngooi Ming Hui, Mita Kartohadiprodjo, Bono Adji, Angelica Maharani, and foreign counsel Carol Lim.
Testimonials
‘The AHP team is very diversified. They are able to provide solutions across various industries. Further, they are very connected with government authorities bringing unparalleled values to respond to client needs.’
‘AHP lawyers are committed to aggressive deadlines and high demands.’
‘Valerie Ngooi Ming Hui is very effective in drafting legal documents. She makes sure she fully understands the client’s needs which helps her speak in the client’s language when negotiating complex issues with counterparties.’
‘Very knowledgeable. not just identifying issues but also providing solutions. Big fan of Tunggul Purusa Utomo and his team.’
‘Tunggul Purusa Utomo understands the client’s needs and is able to provide solutions. Understands that every project is different. Hardly every uses templated solutions and thus caters individually for clients.’
Dispute Resolution
Assegaf Hamzah & Partners' practice is home to a sizeable corporate litigation team which handles the gamut of dispute resolution matters, including alternative dispute resolution (ADR). The group leverages the bench strength of the Rajah & Tann Singapore LLP Asia network to assist with a range of contentious cross-border matters. Department co-heads Chandra Hamzah and Eri Hertiawan are highly regarded practitioners, with established expertise in handling both litigation and arbitration. Simon Barrie Sasmoyo is experienced in handling complex cases involving financial and anti-corruption disputes. Heru Pamungkas was promoted to partner in April 2023.
Intellectual Property
Assegaf Hamzah & Partners draws on the extensive litigation expertise of practice co-head Chandra Hamzah to provide clients with a strong contentious offering in the IP space, with a particular strength in advising the defendants in such actions. C0-head Dewi Soeharto focusses more on the n0n-contentious side of IP, working for a number of international clients from both the wider region and globally in their Indonesian patent registrations, particularly those relating to tech and energy. Ari Juliano Gema is also of note.
IT, Telecoms and FinTech
Assegaf Hamzah & Partners combines its regulatory and finance sector expertise with experience relating to tech, providing a full suite of TMT-related services across data protection, cybersecurity, telecoms, compliance, and more corporate work such as M&A, merger control, and finance. Zacky Zainal Husein heads the TMT practice, working across the full spectrum of matters for major multinational and domestic Indonesian companies. Indira Yustikania is the key contact in the firm for fintech matters as the lead partner on this work, but Muhammad Iqsan Sirie is similarly of note for work in the crypto space in addition to his specialism in data protection and cybersecurity.
Labour and Employment
Assegaf Hamzah & Partners works closely with its dispute resolution team to handle employment disputes; its recent caseload also includes advising on employment contracts, outsourcing, redundancy, labour unions, and the employment of foreign workers. As part of the Rajah & Tann Asia network, it draws on regional resources to assist multinational clients with regional employment issues. Ahmad Maulana is a key name to note, combining general dispute expertise with experience in employment matters. Muhamad Kamal Fikri has a broad dispute expertise that extends to mediation and arbitration.
Testimonials
‘Assegaf Hamzah & Partners possesses a depth of knowledge on the labour and employment regulatory framework and its implementation that sets them apart from most top-tier firms. Its close engagement with regulatory authorities provides clients with an accurate view from the regulator’s perspective, delivering invaluable insights that guide strategic decisions. What truly distinguishes AHP is its ability to understand the intricacies of the industry landscape and practices, allowing it to offer advice that not only aligns with regulatory requirements but also addresses our unique business needs. Moreover, AHP’s commitment to excellent delivery and rapid turnaround time ensures that we receive timely, top-notch legal counsel.’
‘Ahmad Maulana’s profound expertise in labour and employment practices is unmatched, providing us with guidance in navigating complex regulatory frameworks and implementations. His depth of expertise has provided us with helpful regulatory advice and has helped us make strategic decisions. Beyond this, Ahmad possesses an unparalleled understanding of industry dynamics, offering tailored advice that harmonizes with our business needs. His swift turnaround times showcase his reliability as a counsel and by making himself readily available during our critical times and for urgent matters. Ahmad often goes beyond the traditional role of a legal advisor which makes him a great business partner. When working with Ahmad Maulana, we not only gain access to a legal expert but also a trusted ally who is there to navigate challenges and seize opportunities alongside us.’
‘AHP’s team is very responsive to our inquiries. Their level of service is of a top-tier law firm, provided in a thorough and timely manner and catered to our needs.’
‘Ahmad Maulana’s familiarity with the provisions of employment law, including the practical aspect, has helped us greatly in navigating the complexity of the issue and preparing a prudent decision.’
Projects and Energy
Experienced in assisting private and public entities alike in major infrastructure projects, Assegaf Hamzah & Partners handles PPP and foreign direct investment projects, power purchase agreements and long-term oil and gas supply agreements as well as joint-operating matters. The team is led by Ibrahim Sjarief Assegaf and Kanya Satwika. Assegaf represents both domestic and international financial institutions on structured finance and debt-restructuring matters, while Satwika is involved in projects related to the government’s power expansion programme and renewable energy initiatives. Insan Paramita focuses on geothermal power and electricity projects in addition to advising clients in the oil & gas sector.
Real Estate
Assegaf Hamzah & Partners acts for major local and foreign clients in all sectors of real estate on issues relating to residential, commercial and industrial properties. In addition, it has assisted clients in land procurement matters regarding infrastructure work and industrial development as well as dispute resolution. Yogi Sudrajat Marsono, who heads the real estate practice, has represented clients on real estate M&A, asset management and construction agreements. Also of note is Heru Pamungkas who focuses on dispute resolution and was promoted to partner in March 2023.
Testimonials
‘The team is very approachable, I love the way they are always available and that they are able to translate legal information into business context for our commercial team.‘
‘AHP’s real estate team is a team that is able to marry their resources of strong lawyers from other various fields.‘
Restructuring and Insolvency
Assegaf Hamzah & Partners has industry strength across the government, financial services, energy, manufacturing, construction and aviation sectors, and has a track record in assisting with some of the most high-profile restructures of major corporate debtors and other stakeholders. The practice is able to draw on the wider capabilities of the firm, with practice head Ibrahim Sjarief Assegaf leveraging his banking and finance expertise to assist related operators with their debt restructuring and insolvency mandates. Eri Hertiawan has extensive disputes experience which he deploys in representing his clients in the proceedings around their restructures. Tracy Tania focuses on transactional matters with a nexus to restructuring and insolvency.
Shipping
Assegaf Hamzah & Partners provides a complete service for its clients in the shipping sector. This includes financial matters, security enforcement, collisions, charter parties, securitization, natural resource transportation and marine insurance. The firm’s membership of the Rajah & Tann Asia network allows it to draw legal expertise and resources from other Asian jurisdictions, enabling a seamless service for its clients in shipping matters that are frequently multi-jurisdictional. Eri Hertiawan, an experienced litigator and ADR specialist in shipping law, leads the shipping practice alongside Ibrahim Sjarief Assegaf and Chandra Hamzah. Another noted practitioner is Wildan Lukman Nurmajid for the primary focus of his practice being vessel financing and acquisitions.
Tax
Assegaf Hamzah & Partners covers a full spectrum of contentious and non-contentions tax and customs issues. Advising domestic and international clients on a range of matters including transactions, the firm is well-versed on judicial review requests to the Supreme Court, transfer pricing and investment structuring. Nazly Parlindungan Siregar leads and draws on 20 years of experience in international tax consisting of cross-border M&A, global business model optimisation and international tax advisory.