by Indra Budiari | Sep 6, 2013 | Disputes, Law, News
JAKARTA (Yosefardi) – The Business Competition Supervisory Commission (KPPU) supports the acquisition over Jabal Nor shares by PT AKR Corporindo Tbk (AKRA) as it did not violate business monopoly regulation. According to KPPU, the assessment report shows that...
by Indra Budiari | Sep 3, 2013 | Disputes, Law, News
JAKARTA (Yosefardi) – Hong Kong listed company AcrossAsia Limited failed to overturn court verdict after the Supreme Court turned down its cassation against bankruptcy order filed by its subsidiary PT First Media Tbk. The Supreme Court, through verdict No 214...
by Indra Budiari | Sep 2, 2013 | Disputes, Law, News
WASHINGTON (Yosefardi) – Niko Resources Bangladesh received positive arbitration ruling after International Centre for Settlement of Investment Disputes (ICSID) declared that the arbitration board has the authority to adjudicate the case. The disputed named Niko...
by Indra Budiari | Aug 29, 2013 | Disputes, Law, News
JAKARTA (Yosefardi) – No need to suffer tiring legal process for PT Lion Mentari Airlines (Lion Air) as the tort lawsuit filed against the airlines company was revoked by the plaintiff PT Kharissa Permai Holiday. The withdrawal also prevents lion air from hundred of...
by Yohanes Obor | Aug 23, 2013 | Disputes, Law, News
JAKARTA (Yosefardi) – An IDR 200 billion investment agreement made by Global Emerging Markets (GEM) with publicly listed electronics company PT. Agis Tbk. in 2010 is now under dispute in a local Jakarta court, despite the fact that the agreement calls for...
by Indra Budiari | Aug 21, 2013 | Disputes, Law, News
JAKARTA (Yosefardi) – Australian miner Intrepid Mines Ltd wants to accelerate arbitration process in the Singapore International Arbitration Centre (SIAC) in order to continue the mining activity. The ASX-listed company hopes the arbitration could be started this...