Debt Recovery Actions and Insolvency in Indonesia

Debt Recovery Actions and Insolvency in Indonesia

The global pandemic has undoubtedly affected several companies in Indonesia, reducing their ability to maintain cash flow. This situation has developed into a trend where creditors have to make more efforts to collect their debts. Based on the prevailing laws,...
The impact of Covid-19 to existing contracts

The impact of Covid-19 to existing contracts

On April 13 2020, a presidential decree which confirmed Covid-19 outspread non-natural disaster as a national disaster has been issued by Indonesia’s President Joko Widodo. This decree was issued based on the right considerations that covid 19 has impacted the...