Erwandi Hendarta

• The resource person for the draft Securitisation Law for the Ministry of Finance (through the Capital Market Supervisory Agency/BAPEPAM) and the central bank, Bank Indonesia for banking securitisation regulations.
• Acting for Fitch in the USD600 million existing and future receivables of PT Kaltim Prima Coal and PT Arutmin Indonesia (cross-border securitisation) – “Securitisation Deal of the Year 2005” awarded by the International Financial Law Review/IFLR.
• Acting for PT Bank Danamon Indonesia Tbk. in connection with the issuance of USD 100 million negotiable floating rate certificates of deposit due 2006.
• Acting for DBS Bank Ltd., the facility agent of the loan agreement for the USD 65 million term loan facility for PT Bank Negara Indonesia (Persero) Tbk.
• Acting for Bank of China in its attempt to acquire a majority stake (indirect) from Temasek in Bank International Indonesia Tbk., a listed bank and the sixth largest bank in Indonesia.
• Acting for The Bank of Tokyo – Mitsubishi UFJ, Ltd. (a Japanese international bank) and ACOM CO. LTD. (a Japanese listed leading consumer finance company) in the first Japanese acquisition in the banking sector by acquiring PT Bank Nusantara Parahyangan Tbk., a listed bank in the Jakarta Stock Exchange.

Today’s lenders and borrowers face a myriad of challenges, including restrictions on foreign banks lending to companies in certain jurisdictions, distressed debt and increasing complexity of financial services regulation across the world. With most financing transactions that involve global companies requiring execution in more than one jurisdiction, and local law requirements posing challenges that can significantly affect deal value, it is crucial that their lawyers can navigate them through this complex environment. Baker McKenzie is exceptionally well positioned to do this.

Baker McKenzie has grown from the grass roots up, with established, local expertise in both financial centers and key emerging markets. Our people know their markets and how to operate effectively in them to deliver value to our clients, among whom we include the world’s leading financial institutions as well as major multinationals in the energy, mining & infrastructure industry, the industrials, manufacturing and transport industry and the technology, media and telecommunications industry. The variety of work across our diverse client base and our experience on all sides of a transaction enables us to create highly commercial, successful strategies for clients. We have helped structure and close pioneering financing transactions across the globe – often recognized as award-winning by independent industry bodies.

Our practice is particularly noted for its proficiency in acquisition finance, project finance, restructuring and insolvency, financial services regulation, structured finance, trade and export finance, real estate finance and securitization. Our extensive coverage allows us to seamlessly manage multi-layered processes and minimizes the inefficiencies of using multiple law firms. Furthermore, Baker McKenzie is a pioneer in the use of alternative business models and innovative approaches to service delivery, including harnessing the latest technology, to reduce the overall cost to our clients.

HHP Law Firm advises clients on some of the most significant transactions in Asia Pacific. Some of the deals includes the development of Indonesia’s first High-Speed Railway (HSR) project that will connect Jakarta and Bandung, which is also the first high-speed rail service in Southeast Asia, and one of the largest infrastructure projects in Indonesia in recent years. HHP Law Firm also acted as the lead counsel for MUFG throughout the acquisition of PT Bank Danamon Indonesia Tbk, particularly on the final step, which involved complying with the complex Single Presence Policy in banking ownership, in which we advised MUFG on merging Bank Danamon and MUFG’s existing subsidiary, PT Bank Nusantara Parahyangan Tbk (Bank BNP).

As Indonesia’s premier international law firm, we advise some of the largest domestic and international corporations on their transactions and investments. The quality of our work is reflected in the number of industry leaders that seek our help and the top rankings we receive from leading legal directories. Our Banking & Finance, Capital Markets, Corporate/M&A, Project Finance, Dispute Resolution, Employment, Intellectual Property, Real Estate, Tax, and Restructuring & Insolvency practices are ranked Tier 1 by AP Legal 500, IFLR 1000 and Chambers Asia Pacific.

With more than 120 lawyers, we help clients navigate the country’s business and legal culture using our solid working relationships with Indonesian government agencies and regulators. Voted “Indonesia Law Firm of the Year” by both Chambers Asia Pacific and the Asian Legal Business (ALB) Indonesia Law Awards in 2018, our office works closely with colleagues across our international network to help clients overcome challenges and achieve their business objectives.