Restructuring & Insolvency

We act for both creditors and debtors in PKPU (Suspension of Debt Payment Obligations) and Kepailitan (Bankruptcy) proceedings before the Commercial Court, as well as out-of-court workouts.

• →Creditor side: filing PKPU petitions, voting strategy, claim verification, and negotiating composition plans.
• →Debtor side: preparing the petition, cash-flow forecasting, and negotiating a viable composition plan with creditors.
• →Out-of-court restructuring — standstill agreements, debt rescheduling, and security re-papering.
• →Cross-creditor coordination where banks, insurers, and trade creditors need to align.

Secured and unsecured creditors protecting recoveries, and viable debtors seeking a court-supervised path to restructure rather than liquidate.

Filed a PKPU petition on behalf of a state-owned insurer involving total debt of approximately IDR 1.2 trillion, and regularly advise creditors on claim verification and composition plan negotiation.