We have successfully held our first webinar series (in collaboration with PT Perusahaan Pengelola Aset (Persero)) on the 10th of June 2020. The session was led by our Managing Partner, Mr. Wahyuni Bahar and the President Director of PT Perusahaan Pengelola Aset (Persero), Mr. Iman Rachman. More than 200 participants attended the webinar from various sectors including government, private companies, financial institutions, and journalists. Throughout the webinar, we covered key issues surrounding restructuring transactions from both a business and legal perspective. We also had an engaging discussion with our participants, where we each shared our experiences in dealing with restructuring transactions.
Mr. Wahyuni Bahar opened his session with an update on restructuring trends in Indonesia due to COVID-19. He spoke about several common legal issues during a restructuring process and explains how to mitigate the legal risks in restructuring transactions. He further discussed the current trend in cross-border insolvency in Indonesia, as well as a recent case in Singapore where a High Court of Singapore acknowledged the Indonesian's bankruptcy court order. This precedent may change our cooperation with Singapore in dealing with cross-border insolvency in the future. The discussion ended with several recommendations on how to have a better restructuring ecosystem to support debtors and creditors post COVID-19.
Thank you to all our participants who attended the session.
Stay tuned for more exciting webinar series from us.