Indonesian Bankruptcy Law

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Indonesian Bankruptcy Law
 

Jerry Hoff & Penyunting Gregory J. Churchill

Indonesian Bankruptcy Law

xiv + 1.060 hlm; 23 cm,

ISBN 979-8409-05-1

The Insolvency Professional’s First Source for Understanding Bankruptcy Law and Practice in Indonesia

Indonesian Bankruptcy Law (IBL) will undoubtedly become your most important and authoritative source of information on this significant and rapidly developing field of Indonesian Law. Thorough analyses of Indonesian bankruptcy law, suspension of payments, and the commercial court have been expertly written by Jerry Hoff considering laws and regulations, court decisions and legal practice. Precise English language translations of relevant laws and regulations and detailed reference tables compiled by Gregory J. Churchill J.D. augment threse articles to make IBL your very best resource tool for understanding bankruptcy in Indonesia.

Detailed Table of Contents

Summary Table of Contents
Detailed Table of Contents
Foreword
Author’s Acknowledgements
About the Author & the Editor
Donation of Royalties

ARTICLES

Bankruptcy Law in Indonesia by Jerry Hoff

1. Bankruptcy law reform in Indonesia
2. Principles of the Bankruptcy Law
3. The declaration of bankruptcy
4. The key players in a bankruptcy case
5. Effects of the bankruptcy adjudication
6. Executory contracts
7. Creditors’ rights
8. Stay on creditors’ rights
9. Set-off
10. Preferential transfers
11. Directors’ personal liability
12. Termination of the bankruptcy and distribution of proceeds
13. Suspension of payments
14. International aspects of bankruptcy
15. Some business restructuring scenarios

Annexes

Annex A An example of a distribution in bankruptcy
Annex B General statutory priority rights
Annex C Specific statutory priority rights
Annex D List of property not included in the bankruptcy estate
Annex E Checklist of relevant items in bankruptcy and suspension of payments
Annex F Timetable for pre-negotiated composition plans

Tables of References

Table of Statutory References
Table of Regulatory References
Table of Case References
Table of Foreign Case References
Table of Foreign Law References

Index

LAWS

Consolidated Amended Bankruptcy Law
Government Regulation in Lieu of Law Number 1 of 1998
Elucidation to Government Regulation in Lieu of Law Number 1 of 1998
Law Number 4 of 1998
Elucidation to Law Number 4 of 1998

GOVERNMENT REGULATIONS

Government Regulation Number 80 of 1998 on Creditor’s Voting Rights

ANCILLARY REGULATIONS

Decision of the State Minister for Development Planning/ Chairman of the National Development Planning Agency Number : KEP.216/KEP/6/1998 concerning Steering Committee for Preparations for the Operation of the Commercial Courts dated June 16, 1998

Decision of the Minister of Justice Number M.02.UM.01.06-Tahun 1993 concerning Determination of Fees for Legal Services Provided by the Orphan’s Chambers of the Department of Justice dated January 28, 1993

Decision of the Minister of Justice Number M.08-HT.05.10-Tahun 1998 concerning Procedures and Requirements for Registration of Receivers and Administrators dated September 22, 1998

Decision of the Minister of Justice Number M.09-HT.05.10-Tahun 1998 concerning Guidelines for the Amount of Service Fees for Receivers and Administrators dated September 22, 1998

JUDICIAL REGULATIONS

Decision of the Chief Justice of the Supreme Court Number: KMA/022/SK/VIII/1998 concerning Appointment of the Commercial Court dated August 20, 1998

Decision of the Chief Justice of the Supreme Court Number: KMA/023/SK/VIII/1998 concerning Appointment of Judges of the Commercial Court to the Central Jakarta Commercial Court dated August 20, 1998

Decision of the Chief Justice of the Supreme Court Number KMA/028/SK/VIII/1998 concerning Fees for Cassation and Civil Review Petitions in Commercial Civil Cases dated August 20, 1998

Decision of the Chief Justice of the Supreme Court Number KMA/044/SK/X/1998 concerning Correction of the Decision of the Chief Justice of the Supreme Court of the Republic of Indonesia Number KMA/023/SK/VIII/1998 concerning Appointment of the Judges of the Commercial Court to the Central Jakarta Commercial Court dated October 15, 1998

Decision of the Chairman of the Supreme Court Number KMA/048/SK/X/1998 concerning Correction of the Decision of the Chief Justice of the Supreme Court of the Republic of Indonesia Number KMA/028/SK/IX/1998 concerning Fees for Civil Commercial Cases Petitioned for Cassation and Civil Review dated October 22, 1998

Decision of the Head of the Central Jakarta District Court/ Commercial Court Number W7.Dc.HT.07/VIII/1998.01 concerning Composition of the Commercial Court Panels of Judges and Supervisory Judges of the Central Jakarta District Court / Commercial Court dated August 25, 1998

Decision of the Head of the Central Jakarta District Court/ Commercial Court Number W7.Dc.HT.08/VIII/1998.01 concerning Bankruptcy Case Registration Fees at the Office of the Registrar of the Central Jakarta District Court / Commercial Court dated August 25, 1998

Schedule for Use of Chambers for Commercial Court Panel Hearings and Supervisory Judge’s Verification Meetings of the Commercial Court of the Central Jakarta District Court

OFFICIAL LETTERS OF INTENT

January 1998 Letter of Intent
April 1998 Letter of Intent
June 1998 Letter of Intent
July 1998 Letter of Intent
September 1998 Letter of Intent
October 1998 Letter of Intent
November 1998 Letter of Intent
Jakarta Initiative

SUMMARIES OF COMMERCIAL COURT DECISIONS

Table of Case Names
Decisions of the Jakarta Commercial Court September-December 1998

SUMMARIES OF SUPREME COURT DECISIONS

Decisions of the Commercial Panel of the Supreme Court September-December 1998

PUBLIC ANNOUNCEMENTS

Published Announcements of Bankruptcy // Suspension of Payments Decisions
Announcements of Hearings
Announcements of Verification Meetings
 
LISTS
List of judges of the Commercial Court
List of justices on the Commercial Panel of the Supreme Court
List of members of the Supreme Court Working Group on Commercial Civil Cases
List of members of the Commercial Court Steering Committee
List of registered receivers and administrators
List of auction houses
 
IMPORTANT ADDRESSES AND RESOURCES
Jakarta Commercial Court
Commercial Panel of the Supreme Court
Indonesian Association of Receivers and Administrators
Orphan’s Chambers: Jakarta, Medan, Semarang, Surabaya, Ujung Pandang
Bar Associations
Commercial Court Steering Committee
Supreme Court Working Group on Commercial Civil Cases
IMF Team on Bankruptcy Law Reform
Commercial Court Website
Center for Legal Studies: Insolvency Law Newsletter
Legal Information Services
 
BIBLIOGRAPHY
Books and Monographs on Bankruptcy and Suspension of Payments
Since Amendments in 1998
Books and Monographs on Bankruptcy and Suspension of Payments
 Prior to Amendments in 1998
Compilations of Laws and Regulations on Banktruptcy and Suspension of Payments
 Since Amendments in 1998
Compilations of Laws and Regulations on Bankruptcy and Suspension of Payments
 Prior to Amendments in 1998

 

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