DYNAMEIS appointed as consultant in Fuel Terminal acquisition
We act as consultant to assist and represent foreign buyer in the acquisition process of certain Fuel Terminal in Indonesia. Negotiation and due diligence is still ongoing.
Asset Lease of a state-owned company
Dynameis acts as exclusive counsel in an asset lease of a certain state-owned company. Currently the negotiation and discussion on the terms of the respective asset lease is on their way.
A state-owned company dispute settlement
Currently, we are heavily involved in dispute settlement between a state-owned company and its Japanese contractor counterpart. A lengthy process, but important to ensure our nation’ dignity.
Acquisition of Gas Block
Dynameis is arranging the acquisition of gas block currently in its pre-production stage. Preliminary stages of LOI, MOU as well as NDA has been completed. Due diligence is on its way.
Refinery Procurement
We currently assist our client in the procurement process within one of Indonesia’s refinery. The evaluation process by the refinery is under way.
International LNG Trading
We assist Singaporean based LNG Buyer in their buying process towards seller from other LNG producer countries. Terms and conditions of the sale is currently being negotiated.
Dynameis as advisor in East Java Refinery Project
Having provide our assistance in obtaining crude oil supply and products off-taker, the project has obtained principle licenses from Indonesia's government. This project is definitely moving forward.
Retained counsel for PT AMANAH INDO INVEST
Amanah Indo Invest is a member of Kalla Group, engaged in various line of businesses with a number of subsidiaries.
We act as consultant to assist and represent foreign buyer in the acquisition process of certain Fuel Terminal in Indonesia. Negotiation and due diligence is still ongoing.
Asset Lease of a state-owned company
Dynameis acts as exclusive counsel in an asset lease of a certain state-owned company. Currently the negotiation and discussion on the terms of the respective asset lease is on their way.
A state-owned company dispute settlement
Currently, we are heavily involved in dispute settlement between a state-owned company and its Japanese contractor counterpart. A lengthy process, but important to ensure our nation’ dignity.
Acquisition of Gas Block
Dynameis is arranging the acquisition of gas block currently in its pre-production stage. Preliminary stages of LOI, MOU as well as NDA has been completed. Due diligence is on its way.
Refinery Procurement
We currently assist our client in the procurement process within one of Indonesia’s refinery. The evaluation process by the refinery is under way.
International LNG Trading
We assist Singaporean based LNG Buyer in their buying process towards seller from other LNG producer countries. Terms and conditions of the sale is currently being negotiated.
Dynameis as advisor in East Java Refinery Project
Having provide our assistance in obtaining crude oil supply and products off-taker, the project has obtained principle licenses from Indonesia's government. This project is definitely moving forward.
Retained counsel for PT AMANAH INDO INVEST
Amanah Indo Invest is a member of Kalla Group, engaged in various line of businesses with a number of subsidiaries.
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INSIGHTS
Neraca Gas Indonesia 2020-2030, defisit pasokan mulai tahun 2023
(Bahasa Indonesia)
Berdasarkan Neraca Gas Indonesia 2020-2030, Existing Supply gas Indonesia yang merupakan produksi gas bumi yang saat ini sudah berjalan tidak dapat memenuhi Contracted Demand dan pasokan akan defisit mulai tahun 2023. Silahkan membaca lebih lanjut tentang Neraca Gas Indonesia 2020-2030 disini,
Neraca Gas Indonesia 2020-2030, defisit pasokan mulai tahun 2023
(Bahasa Indonesia)
Berdasarkan Neraca Gas Indonesia 2020-2030, Existing Supply gas Indonesia yang merupakan produksi gas bumi yang saat ini sudah berjalan tidak dapat memenuhi Contracted Demand dan pasokan akan defisit mulai tahun 2023. Silahkan membaca lebih lanjut tentang Neraca Gas Indonesia 2020-2030 disini,
INSIGHTS
New Formula on Termination Payment
The new formula on Termination Payment still raise so many issues to be discussed. This new formula is governed under Government Regulation No. 35 year 2021 on Definite Period Employment Agreements, Outsourcing, Working and Resting Hours and Termination of Employment ("Regulation 35"). The main question is: does the new formula applied to current employment relationship? Does the current employee will receive lower payment when he/she is being terminated? To address this issue, we prepare our client insight which can be found here
New Formula on Termination Payment
The new formula on Termination Payment still raise so many issues to be discussed. This new formula is governed under Government Regulation No. 35 year 2021 on Definite Period Employment Agreements, Outsourcing, Working and Resting Hours and Termination of Employment ("Regulation 35"). The main question is: does the new formula applied to current employment relationship? Does the current employee will receive lower payment when he/she is being terminated? To address this issue, we prepare our client insight which can be found here
INSIGHTS
Online Arbitration in Indonesia
Indonesian National Arbitration Board – Badan Arbitrase Nasional Indonesia (“BANI”) has issued Decree Number 20.-15/V/SK-BANI/HU on Regulation and Procedure on Electronic Arbitration Process (“Reg.20”). We have composed a Client Insight on this issue here
HIGHLIGHTS
New guideline on bankruptcy and suspension of payment amid COVID19 economic crisis
In the midst of economic crisis due to the COVID19 Pandemic, the Supreme Court has issued Decree of Chairman of Supreme Court Number 109/KMA/SK/IV/2020 on the Guideline on Settlement of Bankruptcy and Suspension of Debt Payment Obligation Case.
Whether the issuance of the guideline is to anticipate the increase in bankruptcy cases due to the payment default of Indonesian companies or not, it is important to note that bankruptcy and suspension of payment cases is indeed expected to roar. It is therefore important for creditor as well as debtor to be well-informed on any new policy and regulation in relation with bankruptcy as further elaborated here.
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HIGHLIGHTS
COVID19 as a Force Majeure event. Does it even matter? We recently assist a debtor who is deeply impacted by COVID19 in terms of fulfilling its payment obligation to its bank. Rather than invoking COVID19 as Force Majeure event, we have successfully reach a restructuring plan and not violate the Loan Agreement in the process. Both of the parties agree that COVID19 has a devastating effect but refrained from clearly acknowledge COVID19 as a force majeure event. We achieve our objective without having to declare COVID19 as a force majeure event. Our advice remains: negotiate! Find a common ground with your counterpart. Arguing whether COVID19 is a force majeure event or not is, as the great Joey Tribbiani once say: a moo point - it does not matter. |
HIGHLIGHTS
Private Sector as operator of State’s assets: Indonesia’ effort in monetizing existing infrastructure assets Private Entity can now participate as operator of existing State’s assets as well as State-Companies’ assets. With a new President Regulation No 32 year 2020 on Infrastructure Financing through Limited Operation Right (“PR32”), Private Entity can become an operator of various existing infrastructure assets such as: transportation ( seaports, airports, trains and bus terminal), toll roads, water resources, drinking water, waste management system, garbage management system, telecommunication and informatics, electricity, oil, natural gas and renewable energy. Under PR32, government shall grant Limited Operation Right to Private Entity to become operator for a certain period of time. In return, Private Entity shall provide government with a pre-determined asset operation fund. The asset operation fund is intended for the government to finance the construction of new infrastructure projects as well as expansion of existing infrastructure assets. Read more here |