UMBRA - Strategic Legal Solutions has again been recognized by IFLR 1000 on its 2020 rankings for leading Indonesian law firms & lawyers. In less than 2 years, our firm broke through the Tier 2 rank in Restructuring & Insolvency and is recommended in the...
Congratulations to Telkom Indonesia and PT. Dayamitra Telekomunikasi (Mitratel) for the acquisition & lease back of 2,100 telecommunication towers of Indosat Ooredoo which was carried out through a highly competitive bidding process involving prominent players in the industry. The transaction signifies a major milestone for...
Semangat Komisi Pengawas Persaingan Usaha (KPPU) dalam menciptakan persaingan usaha yang sehat seiring dengan pertumbuhan ekonomi negara Republik Indonesia yang dinamis dan ekspansif, mendorong diterbitkannya Peraturan KPPU No. 3 Tahun 2019 tentang Penilaian Terhadap Penggabungan atau Peleburan Badan Usaha, atau Pengambilalihan Saham Perusahaan yang Dapat...
UMBRA’s Partners, Pramudya A. Oktavinanda, Reggy Firmansyah, and Liyanto Wijaya and associate, Paula Aprijanto recently contributed an article on “Foreign Investment Ownership in Indonesian Mining Companies Through Capital Market” in the newly issued Coal & Minerals Asia Magazine Vol. 103. In this article, we shared our thoughts on the possibility of using...
We are proud to announce that UMBRA’s Litigation and Alternative Dispute Resolution department, led by our partners, Melati Siregar and Pramudya A. Oktavinanda has successfully assisted our client in carrying out a cross border multi million-dollar out-of-court settlement process involving a dispute of mineral commodity...
Led by our Partners, Pramudya A. Oktavinanda and Ahmad Zakaria, and Associate, Paula Aprijanto, UMBRA recently acted as the issuer counsel for PT.Pertamina (Persero) in its successful issuance of USD1.5 billion global bonds which will be used to support the company's capital expenditure budget. Hailed...
As part of our clients' strategic training program, UMBRA recently held a workshop for the senior management members of PT Indonesia Power and its subsidiaries on “The Implementation of Business Judgment Rule for State-Owned Enterprises and Subsidiaries.” Due to the unique nature of SoEs, being...
On 17 July 2019, our senior partners, Pramudya A. Oktavinandaand Reggy Firmansyah spoke in the 3rd Mining Legal Conference 2019 on structuring foreign ownership in Indonesian mining companies through capital market and issues arising from the conversion of Coal Contract of Work (‘’CCoW’’) into Special...
The Financial Services Authority (Otoritas Jasa Keuangan - OJK) issued OJK Regulation No. 37/POJK.04/2018 on Equity Crowdfunding (“OJK Regulation No. 37/2018”) on 31 December 2018. OJK has also held a socialization event regarding OJK Regulation No. 37/2018 on 29 January 2019 (“Socialization”). Backgrounds The rapid growth of...
We are happy to announce that UMBRA - Strategic Legal Solutions was awarded as Transactional Boutique Law Firm of the Year and top 5 finalist of Indonesian Real Estate & Construction Law Firm of the Year in Asian Legal Business Indonesia Law Award yesterday at...