Shimizu Global files PKPU lawsuit against PP Urban
10 Oct 2024 13:23
PT Shimizu Global Indonesia (SGI) sues PT PP Urban, a subsidiary of PT Pembangunan Perumahan (Persero) Tbk (PTPP), for Suspension of Debt Paymen Obligation (PKPU).
PBRX in PKPU status
14 Jun 2024 09:04
Commercial Court of Central Jakarta approved the plea of Suspension of Debt Payment Obligation (PKPU) over PT Pan Brothers Tbk (PBRX) submitted by PT Januardi Putera Logistik (JPL).
HERO filed PKPU against J.Co Donut & Coffee
17 Apr 2024 10:35
PT Hero Supermarket Tbk (HERO) has reportedly filed a Suspension of Debt Payment Obligation (PKPU) lawsuit in Commercial Court of Central Jakarta.
Asep Sabanda to resign, now from ZATA and IPPE
20 Feb 2024 10:37
Asep Sulaeman Sabanda (ASS) has resigned from his position as President Commissioner in two separate companies, PT Indo Pureco Pratama Tbk (IPPE) dan PT Bersama Zatta Jaya Tbk (ZATA).
Asep Sabanda sued for insolvency
16 Feb 2024 10:59
Asep Sulaeman Sabanda (ASS), also known as the Sultan of Subang, faced a lawsuit of Suspension of Debt Payment Obligation (PKPU) in the Commercial Court of Central Jakarta District Court.
Bakrie Media Group faced temporary PKPU lawsuit
16 Feb 2024 10:31
PT Laras Nugraha Cipta (LNC) has filed a suspension of debt payment obligation (PKPU) against several television broadcasting companies under Bakrie Group.
Bankruptcy and PKPU Law must be perfected to face global competition
09 Nov 2023 15:52
Regulations regarding bankruptcy and suspension of debt payment obligation (PKPU) are said to be perfected in order to be able to meet global competition and maintain favourable business climate.
Bankruptcy Law and PKPU need to be revised to attract investor interest
26 Oct 2023 19:47
Law (UU) Number 37 of 2004 concerning Bankruptcy and Postponement of Debt Payment Obligations (PKPU) is considered to need to be revised and strengthened to increase the attractiveness of investors in Indonesia.
Economic recovery overshadowed by bankruptcy and PKPU lawsuits
19 Oct 2023 12:52
The national economic recovery carried out by the Indonesian Government after the Covid-19 pandemic continues to be overshadowed by bankruptcy and PKPU (Delay of Debt Payment Obligations) lawsuits, according to HHP (Hadiputranto, Hadinoto & Partners) Law Firm.
Two GMFI partners withdrew PKPU lawsuit
17 Apr 2023 11:54
Two partners of PT Garuda Maintenance Facility Aero Asia Tbk (GMFI) are known to have withdrawn their lawsuit for Suspension of Debt Payment Obligations (PKPU/bankruptcy) at the Central Jakarta Commercial Court, last week (13).
