REPUBLIC of INDONESIA LAW DIGEST REVISER Andrew I
Total Page:16
File Type:pdf, Size:1020Kb
REPUBLIC OF INDONESIA LAW DIGEST REVISER Andrew I. Sriro, Esq., in affiliation with Dyah Ersita & Partners Graha Aktiva, 3rd Floor Jalan H.R. Rasuna Said, Blok X-1, Kav. 3 Jakarta 12950 Republic of Indonesia Telephone: (62-21) 520-3171 Facsimile: (62-21) 520-3279 Email: [email protected] Website: www.sriro.com Reviser Profile Introduction: Andrew I. Sriro’s practice encompasses nearly every major legal concentration, including commercial, corporate, investment, banking, finance, securities, bankruptcy, trade, manufacturing, distribution, insurance, telecommunications, energy, natural resources, envi- ronment, maritime, aviation, tourism, real estate, construction, infrastructure, labor relations, government affairs, taxation, arbitration and litigation. Practice: Andrew I. Sriro and his Indonesian affiliates (the “Practice”) are committed to the diligent application of legal expertise, diplomacy, and strategic planning toward the realization of each Client’s interests. Counsel is provided to a wide range of Clients throughout Indonesia and abroad including governmental, business and financial institutions, companies, individuals and entrepreneurs. Practice Consulting services are provided to domestic and international Clients through efficient management of transactions, risks and dispute resolutions. The Practice is dedicated to the provision of prompt, effective, and pragmatic legal, business planning and risk management advisory services to Clients seeking insightful solutions to sophisticated business development, operations and dispute resolution concerns. The Practice is committed to providing responsive attorneys, efficiently managed cases and transactions, and alternative billing options that succinctly meet the needs of our Clients. Business: The Practice offers an integrated approach toward the realization of Clients’ multinational and domestic interests. Legal and business requirements are joined with insight into government, diplomacy and culture to formulate practical strategies for all business undertakings. Over the years, the Practice has developed and maintained excellent top level relationships with government and business groups. Through these relationships, the Practice provides a bridge over many bureaucratic encumbrances including successful acquisitions of difficult to obtain licenses and permits. Often, the Practice is able to identify investment opportunities matching the goals of our Clients. The Practice structures and forms Indonesian and offshore legal entities. Services encompass all aspects of public and private offerings, mutual funds, derivatives, options and other capital market transactions, mergers, amalgamations, sales and acquisitions. The Practice advises Clients with respect to regulatory compliance, shareholders agreements and employment related issues. The Practice documents corporate resolutions, maintains corporate books, provides tax planning, provides due-diligence investigative services and assists executives in the legal implications of day-to-day operational issues. The Practice serves international and domestic bankers, investors and developers with the negotiation, drafting and management of financial obligations. The Practice offers services in the areas of loan and factoring agreements, bank syndications, issuance of commercial paper, cross-border lending and leasing, securities offerings, risk and due diligence analysis, assistance with export credit agencies and regulatory compliance. Through experience and relationships with numerous banks and investment funds, the Practice is capable of taking an active role in approaching capital markets on behalf of Clients. The Practice assists Clients in the development of their businesses through the expansion of their networks of business relationships. The Practice counsels, drafts and negotiates all types of agreements, tailoring the results to the Client’s objectives. The Practice’s expert legal staff regularly serves Clients with respect to joint venture, joint operations and franchise agreements, build-operate and transfer or lease agreements, technology and intellectual property transfer, assistance and licensing agreements, trade, supply and requirements contracts, construction and management contracts, production sharing contracts, and all manners of real estate, sales, leasing, manufacturing, agency, distribution and shipping transactions. Dispute Resolution: The Practice assists Clients in the management of their relationships in order to avoid potential conflicts. Through the implementation of pre-emptive strategies constructed to form solid defensive and offensive positions, the Practice has successfully protected the assets and interests of hundreds of Clients. As the Indonesian economy continues along its current course toward assimilation into the international economy, disputes are submitted to third party arbiters with increasing frequency. The Practice’s singular purpose is to achieve the Client’s goals, whether that be through a resolution of disputes in a manner which permits the continuation of a mutually beneficial relationship or a dissolution due to irreconcilable differences. The Practice recognizes the importance of assisting Clients in achieving economical resolutions to disputes, short of litigation or arbitration. The Practice concentrates on creative problem solving through an understanding of both the legal, economic, political and personal charac- teristics of disputes. The Practice’s negotiators and litigators work with Clients behind the scenes, or at the forefront of disputes taking aggressive positions when appropriate to the Client’s position and interests. The Practice is principally concerned with international and domestic business, banking, finance, investment, construction and real estate matters. The Practice is experienced with international and domestic arbitration, as well as complex litigation matters involving multiple court proceedings in international and domestic tribunals in various nations. Through our close affiliations, the Practice is capable of handling disputes arising anywhere in the world. INDONESIA LAW DIGEST (The following is a list of all Categories and Topics, including cross-references, covered in this Digest.) Category/Topic Page Category/Topic Page INTRODUCTION ESTATES AND TRUSTS CURRENCY ................................ 1 DEATH (PRESUMPTIONS OF AND ACTIONS FOR) ............ 31 GOVERNMENT AND LEGAL SYSTEM .................. 1 DESCENT AND DISTRIBUTION ...................... 31 HOLIDAYS ................................ 2 EXECUTORS AND ADMINISTRATORS .................. 31 OFFICE HOURS AND TIME ZONE .................... 2 TRUSTS .................................. 31 BUSINESS ORGANIZATIONS WILLS ................................... 31 AGENCY .................................. 2 FAMILY COMPANIES ................................ 3 ADOPTIONS ................................ 31 PARTNERSHIP ............................... 3 DIVORCE ................................. 32 BUSINESS REGULATION AND COMMERCE HUSBAND AND WIFE ........................... 32 BANKS AND BANKING .......................... 4 INFANTS .................................. 32 BILLS AND NOTES ............................ 6 MARRIAGE ................................ 32 COMMERCIAL REGISTRATION ...................... 6 FOREIGN TRADE AND COMMERCE CONTRACTS ............................... 7 CUSTOMS ................................. 33 FRAUDS, STATUTE OF .......................... 7 EXCHANGE CONTROL .......................... 33 INTEREST ................................. 7 FOREIGN EXCHANGE .......................... 33 MONOPOLIES, RESTRAINT OF TRADE AND COMPETITION ...... 8 FOREIGN INVESTMENT ......................... 33 SALES ................................... 10 IMMIGRATION SECURITIES ................................ 10 ALIENS .................................. 34 CITIZENSHIP IMMIGRATION .............................. 34 ALIENS .................................. 11 INTELLECTUAL PROPERTY CITIZENSHIP ............................... 11 COPYRIGHT ................................ 34 IMMIGRATION .............................. 11 INDUSTRIAL DESIGNS .......................... 36 NATURALIZATION ............................ 11 INTEGRATED CIRCUITS ......................... 36 CIVIL ACTIONS AND PROCEDURE INTERNATIONAL INTELLECTUAL PROPERTY CONVENTIONS ..... 37 ACTIONS ................................. 12 PATENTS .................................. 37 DEPOSITIONS AND DISCOVERY ..................... 15 PROTECTION OF PLANT VARIETIES ................... 38 EVIDENCE ................................. 15 TRADEMARKS .............................. 39 JUDGMENTS ............................... 15 TRADE SECRETS ............................. 40 VENUE .................................. 15 LEGAL PROFESSION COURTS AND LEGISLATURE LEGAL PROFESSION ........................... 41 COURTS .................................. 16 MORTGAGES DEBTOR AND CREDITOR CHATTEL MORTGAGES .......................... 41 ASSIGNMENT ............................... 16 MORTGAGES ............................... 41 ATTACHMENT ............................... 16 PROPERTY BANKRUPTCY ............................... 16 ABSENTEES ................................ 42 EXECUTIONS ............................... 18 DOWER AND CURTESY .......................... 42 GARNISHMENT .............................. 18 HOMESTEADS ............................... 18 LANDLORD AND TENANT ........................ 42 LIENS ................................... 18 POWER OF ATTORNEY .........................