top of page

Indonesian debt enforcement scorecard - recognition

  • Writer: Eliot & Luther
    Eliot & Luther
  • May 12, 2020
  • 1 min read

Small Easter Egg for anyone interested in Indonesian distressed debt.


This scorecard looks at typical enforcement issues on Indonesian credits - and can form the basis of a diligence checklist for new or secondary credits. It's updated for the new Supreme Court guidance.


This was originally written as a client release at one of my prior law firms, but banned from publication as potentially admitting deficiencies on previous deals. Nor was it the first article I had censored for a similar reason. Those that do not learn from the past are doomed to repeat it! Accordingly, I never got round to writing Parts B and C. If there is interest I will certainly consider doing so.


On the business side, we are actively accepting mandates on portfolio sales and acquisitions - and are very well placed to provide enhanced due diligence on distressed Indonesian credits from a workout perspective.



Recent Posts

See All
Indonesian Airline Restructuring

3 September 2020 saw the first PKPU filing against a major Indonesian airline. The case appears to have history, so we are not jumping to...

 
 

©2024 Eliot & Luther.

Regulatory Note: We are sometimes asked to describe our services. We provide strategic advice to companies on transformative situations: from mergers, acquisitions and joint ventures to financing, refinancing and restructuring. This involves creating financial models, analytical reports, presentations and designing and implementing a strategic plan. While we have senior lawyers and accountants on our team, we do not directly provide accounting, tax, securities or (typically) legal advice - we maintain a strong network of leading law firms, accountancy firms, tax advisors and securities firms, and are happy to coordinate a unified strategy and manage the work under a single point of contact. Our legal personnel qualified in New York and England maintain their bar registrations and practising certificates for those occasions where we provide non-reserved legal advice in the course of our activities, and Eliot & Luther (UK) Ltd is registered with the Solicitors Regulation Authority with registered number 836263.

bottom of page