Southeast Asia - Indonesia

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills

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Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills is experienced in handling the full range of informal financial restructurings, court-supervised debt restructurings, and bankruptcy cases for domestic and international clients. The firm is active across a range of sectors, and is able to draw upon its wider finance and disputes strengths to provide comprehensive assistance to clients. Debby Sulaiman leads the practice, with extensive experience in advising banks and other financial institutions in this work, combined with significant disputes capabilities. Tjahjadi Bunjamin heads up the finance practice, but is also active in this area, much like Adrianus Adritomo, who similarly straddles the finance and debt restructuring spheres.

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Key clients

  • Nordic Aviation Capital
  • Stellar Aircraft Holding 2 Limited
  • Greylag Goose Leasing
  • Credit Suisse AG, Singapore Branch
  • Commonwealth Bank of Australia

Work highlights

  • Advised Nordic Aviation Capital, as the biggest lessor, on the court-supervised debt restructuring process of Garuda Indonesia.
  • Represented Credit Suisse AG, Singapore Branch in the bankruptcy process of PT Bina Bangun Mandiri, an Indonesian property company.
  • Assisted Commonwealth Bank of Australia with the restructuring of its lease arrangements with Indonesian airlines Batik Air and Lion Air in the context of their debt restructurings.

Lawyers

Practice head

The lawyer(s) leading their teams.

Debby Sulaiman, Tjahjadi Bunjamin

Other key lawyers

Adrianus Adritomo