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Indonesia

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As the 2019 Novel Coronavirus (COVID-19) continues to spread across the world, and governments and health authorities work tirelessly to defeat it, major economies are experiencing mounting pressure as consumer spending, production and investment are drastically curtailed due to virus-related risks.We recognize that many of our clients are also facing significant and urgent business impact and legal challenges.Our Baker McKenzie teams across the world are working with clients, regulators and various authorities to produce a…

Despite the rise in non-performing loans and defaults over the last 2 years, the Indonesian restructuring & insolvency regime has not kept pace with the current tide of restructuring reforms taking place in neighbouring jurisdictions such as Malaysia, Hong Kong and Singapore. As concerns about credit risk continue to persist in the market, and weigh on the financial sector in particular, it is important to examine the current status of the Indonesian restructuring landscape. In…