The COVID-19 pandemic is causing critical implications for businesses. Please read our legal advisory exploring the concept of force majeure under contracts entered into in Indonesia.
Aircraft sale-leaseback or lease transactions are used more frequently due to competitive pricing and Indonesia has been trying to develop a legal framework to accommodate the financing and leasing of aircraft.
The Minister of Energy and Mineral Resources issued Regulation No. 4 of 2020 to accelerate the development of renewable sourced electricity as well as to improve the economic value renewable power plants.
We would like to remind you of the Annual General Meeting of Shareholders (“AGMS”) that according to Article 78 (2) of the Company Law, must be held no later than 6 (six) months after the end of each financial year.