01 Jan 2020
AYMP has acted as the legal counsel to PT Galva Technologies Tbk (IDX: GLVA) in its Initial Public Offering of shares (the “IPO”). GLVA offers 20% of its enlarged capital to public in the IPO.
Following such IPO, GLVA becomes the 55th company, and the last company, to be listed on the IDX in 2019. GLVA is a distributor of electronic products and provider of information technology services, all are carried out under its distribution and business as well as printing ...
11 Nov 2019
Our Arie Armand is recognized as "Distinguished Practitioner" in Banking & Finance by Asialaw. The title is granted to Lawyers who are highly regarded by their peers and possess a strong record and positive client feedback, and Lawyers that lead deals/cases.
06 Nov 2019
We are pleased to inform that Guna Darma (Partner) has been recognized by Asian Legal Business, Thomson Reuters (ALB) as one of the 2019 "40 under 40" lawyers in Asia. The ALB "40 under 40" list selects 40 outstanding legal professionals in Asia who are under the age of 40. These lawyers have worked on some of the most significant deals and disputes in the past year, and have earned accolades from their peers, superiors and clients.
The full ALB "40 under 40" list in 2019 can be found Read more
22 Oct 2019
On 22 October 2019, Our Partner Wemmy Muharamsyah and Senior Associate Hana Monica Hutabarat gave legal training on a workshop held by Hukum Online, "Understanding the Legal Aspects of Derivative Transactions and Derivative Agreements in the 2002 ISDA Master Agreement (Batch IV)”. During this training, they discussed about, among others, the concept of “derivative and FX transactions”, 2002 ISDA Master Agreement and Schedule to the 2002 ISDA Master Agreement, how to negotiate the ISDA Agreement, along with relevant regulations surrounding derivative and FX transactions in Indonesia and the applicability of the ...
16 Oct 2019
Our firm was nominated in nine categories and won two awards in the 6th Annual Indonesia Law Awards 2019 presented by Asian Legal Business (member of Thomson Reuters) last night. Banking and Financial Service Law Firm of the Year, and M&A Deal of the Year. Many thanks to ALB for these prestigious awards and for arranging such big event, to all partners & of counsels who keep encouraging each other to do better, to all AYMP’s lawyers who’ve been working very hard to make ...
23 Sep 2019
AYMP team has acted as legal counsel to PT Bank Bukopin Tbk (IDX: BBKP) in its IDR 1.3 trillion partial sale and assignment of a portfolio consisting of pension loan receivables of state civil servants to Bahana Bukopin Kredit Pensiunan Asset-Backed Securities Collective Investment Contract (Kontrak Investasi Kolektif Bahana Bukopin Kredit Pensiunan – “KIK EBA Bahana Bukopin Kredit Pensiunan”), an Asset-Backed Securities Collective Investment Contract (ABS CIC) established by PT Bahana TCW Investment Management and PT Bank Maybank Indonesia Tbk (IDX: BNII). KIK ...
02 Sep 2019
Robie A. Haris assisted by Hana Monica Hutabarat were invited by Hukum Online to speak about Arbitration Technique and Online Dispute Resolution for out of court dispute resolution. The focus of the event is to give participants understanding in international arbitration proceeding according to ICC, UNCITRAL, SIAC commercial arbitration rules, risk mitigation in resolving dispute through international arbitration, enforcement of foreign arbitral award and concept of online dispute resolution.
01 Sep 2019
Our Wemmy Muharamsyah , Agung Santoso and Hana Monica Hutabarat were invited to provide legal trainings on 2002 ISDA Master Agreement with PT Bank ANZ Indonesia and PT Bank BTPN Tbk (member of SMBC Group), on 6 August 2019 and 24 August 2019 respectively. The trainings were focusing on the understanding of ISDA Master Agreement, negotiating Schedule to the 2002 ISDA Master Agreement, and discussing on relevant regulations surrounding derivative and FX transactions in Indonesia as well as the applicability of the Indonesian version of Indonesian Derivative Master Agreement (being ...
28 Aug 2019
Our Managing Partner Arie Armand was covered in Annual Managing Partner Roundtable of Asian Legal Business (August 2019 Publication) sharing his views on Indonesian legal situation and development.
20 Nov 2017
On 10 - 12 Nov 2017, AYMP members participated in integrated outbound management training held at Selaras Adventure Camp, Citarik, Sukabumi, West Java. The program includes team building, problem solving, leadership skill, and rafting at Citarik river.
27 Feb 2017
On 23 February 2017, AYMP and Nabarro Law Firm's Singapore office held a half-day seminar on Structuring Investment in Indonesia's Infrastructure at AYMP's office. This practical and interactive seminar discussed the latest updates in various legal areas concerning infrastructure investment. Mutiara Rengganis (AYMP's Infrastructure Partner), Ibrahim Senen (AYMP's Head of Dispute Practice), together with distinguished guest speakers from the Coordinating Ministry of Economic Affairs (Kemenko Ekon) and PT PricewaterhouseCoopers Indonesia Advisory (PWC) spoke at the sessions.
01 Nov 2016
AYMP managed to win an approx. US$1,3 billion dispute representing the Republic of Indonesia at the International Centre for Settlement of Investment Disputes (ICSID). The ICSID tribunal rejected Churchill Mining Plc’s and Planet Mining Pty Ltd’s demand for damage claims against the Indonesian government and instead ordered the companies to pay approx. $9.4 million to Indonesian government. This is the first victory and the biggest claim so far towards the Indonesian government at ICSID. We hereby would like to thank all parties who have been supporting ...
21 Sep 2016
AYMP’s Litigation team led by Ibrahim Senen (Head of Litigation and Dispute) and assisted by Robie A. Haris and Handika Tjen finally managed to win the remarkable iBox case in Supreme Court level. The Supreme Court Judgment upholds the previous judgment of the Jakarta Commercial Court and asserts that PT Erajaya Swasembada Tbk (“Erajaya”) is the rightful owner of iBox service mark. AYMP has acted as Erajaya’s counsels in handling the iBox mark cases from District Court to Supreme Court level, in which ...
17 Sep 2016
AYMP is honored to announce that a new book written by the eminent legal scholar and also of-counsel of AYMP, J. Satrio, S.H., titled: “Pelepasan Hak, Pembebasan Hutang dan Merelakan Hak (Rechverwerking)”, has been published. In this book, J. Satrio shares his knowledge on the dutch legal terms of “afstand van recht”, “kwitjschelding” and “rechtsverwerking” which are usually found in legal practice but lack of sources on the understanding of the said terms. The publication of this book is part ...
13 Sep 2016
In last August 2016, AYMP's team led by Wemmy Muharamsyah (Partner), Agung Santoso (Senior Associate) and Hana Monica (Associate) in collaboration with Hukum Online provided training regarding Legal Aspects on Derivative Transaction and its related agreements to PT Bank Sumitomo Mitsui Indonesia (SMBC) officers. AYMP is frequently invited by leading banks and financial institutions due to our strong practice in Banking & Finance particularly on Derivative Transactions.
30 Aug 2016
On Aug 30th 2016, Gunadarma (Partner) spoke at Asia Pro Bono Conference in Bali. Stakeholders from different backgrounds came together in this panel to discuss the role that pro bono can play in meeting legal needs of vulnerable groups in Indonesia. Speakers took an in-depth look at what law firms, law schools, bar associations, NGOs and the government are already doing, the challenges they faced in practice, how to do more, and highlight the potential gaps in the system that pro bono can fill to ensure access to justice for ...
25 Aug 2016
Marion Elisabeth (Partner) and Noveleta Dinar (Associate) have contributed an article titled "Indonesian New Negative Investment List" to Asian Legal Business Magazine August edition.
14 Aug 2016
Arie Armand and Gunadarma, both are Banking & Finance Partners of AYMP, provided training on Legal Aspects of Loan Agreement and Security Documentation to DBS' bankers in Surabaya on 12 - 13 Aug, 2016. The series of training were and to be provided to the bankers of PT Bank DBS Indonesia's branches in major cities in Indonesia like Jakarta, Surabaya, and Medan.
03 Jun 2016
Earlier this month, our Wemmy MUHARAMSYAH (Partner) and Agung SANTOSO (Senior Associate) were featured trainers at the “ENHANCEMENT PROGRAM SPECIAL REQUEST” Workshop on Understanding 2002 ISDA Master Agreement held by BRI Corporate University (1st – 2nd of June 2016). This event was the first ever internal training program held by PT Bank Rakyat Indonesia (Persero) Tbk. as an initiative measure to embrace the expected increase on derivative transaction demand in Indonesia.
28 May 2016
Armand Yapsunto Muharamsyah and Partners (AYMP) On Saturday, 28th of May 2016, Armand Yapsunto Muharamsyah and Partners (AYMP Atelier of Law) was invited by Bank of America Merrill Lynch Jakarta Branch to train its officers with regards to the implementation of Know Your Costumer Principles in daily banking activities and legal issues that may arise from this process. The interactive training session was held in Sky Lounge of Faimont Hotel, Jakarta with (i) Arie Armand, S.H., LL.M (Partner), (ii) Christian Hotma, S.H., LL.M (Senior ...
26 May 2016
On Wednesday, 25th of May 2016, AYMP was invited by Deloitte Touche Tohmatsu Ltd. Korean office (“Deloitte”) to take part as a speaker on Indonesia Merger & Acquisition – Trend and Opportunity, in Seoul, South Korea. The interactive session was held in Deloitte office with Richard Yapsunto as a representative from AYMP. Richard shared to the participants the legal aspects as well as nuts and bolts to be considered when investing in Indonesian financial services industries which covers general overview of investment laws and regulations in Indonesian financial ...
14 Apr 2016
Armand Yapsunto Muharamsyah and Partners (AYMP) On 12th – 14th of April 2016, M. Arie Armand and Marion Elisabeth (Partners - Banking & Finance) participated at the 31st ISDA annual general meeting in Tokyo. ISDA stands for the International Swaps and Derivatives Association, a reputable association of dealers who pioneered the development of the ISDA Master Agreement and a wide range of related documentation commonly used by derivative industry players, including various banks worldwide, in entering into derivative transactions.