Bankruptcy
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See MoreGress Gustia and Partners is a law firm with expertise and experience in the financial services sector and financial regulatory framework as governed by Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector (P2SK Law). The Firm provides comprehensive legal services to financial industry players, including banking, capital markets, insurance, pension funds, financing institutions, fintech companies, and other financial services entities. The Firm’s financial services practice covers regulatory licensing and compliance, corporate governance (Good Corporate Governance), financial institution restructuring and resolution, financial consumer protection, legal risk management, and financial sector dispute resolution before courts and supervisory authorities. Gress Gustia and Partners actively advises financial institutions, issuers, investors, and domestic and multinational financial entities on navigating regulatory reforms under the P2SK Law, including the harmonization of authorities of the Financial Services Authority (OJK), Bank Indonesia, the Deposit Insurance Corporation (LPS), and other relevant regulators. The Firm integrates legal, regulatory, and business-oriented approaches to ensure clients achieve regulatory compliance while advancing their long-term strategic corporate objectives.
Unlike the bankruptcy process, PKPU or in international terms Suspension of Payment / Moratorium, is a period given by Law Number 37 2004 (maximum 270 days) so that debtors and creditors agree to to restructure the debtor's debt.
See MoreIPR is defined as the right to obtain legal protection over intellectual property in accordance with the laws and regulations in the field of IPR, such as Copyrights, Patents, Industrial Designs, Trade Secrets, Crop Varieties, Circuits unified and Brand. Intellectual Property Rights are economic rights granted by law to a creator or inventor o ...
See MoreEmployment law regulates the relationship between workers and employers. The employment relationship occurs because of the employment agreement between the entrepreneur and the employer workers/labor. The purpose of the establishment of labor law is to: empower and utilize the workforce optimally and humanely; realizing equal distribution of e ...
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