In this installment of our Crossing Borders series, Leon Gettler speaks to Ashok Lalwani (Baker McKenzie Partner and Chair of India Desk), Jyoti Vij (Deputy Secretary General FICCI and Head of our Economic and Financial sectors), and John Madew (Senior Trade & Investment Commissioner, Australian Trade & Investment Commission) to understand the trade and investment opportunities in the world’s fastest growing economy and the government’s ease of regulations for foreign investment in India. Click here to listen…
The giants of Asia – Indonesia, China, and India – raise many opportunities and challenges for insolvency practitioners. Baker McKenzie’s own Andi Kadir spoke this morning about some of the solutions to those problems, showcasing his significant experience with insolvency reforms and opportunities in Indonesia.
Andi highlighted the benefits of the Penundaan Kewajiban Pembayaran Utang regime as a restructuring tool in Indonesia. A PKPU is a debtor in possession mechanism, somewhat like a blend of a US Chapter 11 administration with aspects of the insolvency laws of the Netherlands.