Insolvency & Bankruptcy Law

Settlement in PKPU and Bankruptcy: A Strategic Legal Tool, Not a Sign of Failure

In corporate restructuring and insolvency practice, the term settlement (composition or perdamaian) is often misunderstood. Many business actors assume that: In reality, under Indonesian insolvency law, settlement is the core mechanism designed to balance legal certainty, creditor protection, and business continuity. The Legal Concept of Settlement Under Indonesian Insolvency Law Read more

By admin, ago

Actio Pauliana: Protecting Creditors Against Pre-Bankruptcy Transactions

In insolvency practice, not every transaction entered into by a debtor before bankruptcy is neutral or commercially reasonable. In certain situations, a debtor may formally execute lawful transactions that, in substance, reduce the bankruptcy estate and prejudice creditors. To address this risk, Indonesian insolvency law provides a corrective mechanism known Read more

By admin, ago