“ Arbitration as an alternative dispute settlement forum has unique characters that consider more beneficial to the business actor than dispute settlement in the court.” In Indonesia, legal disputes can be settled in or outside the court. The process of dispute settlement in court is usually referred to as litigation, while the process of dispute […]
“Regarding to Capital Market and Public Companies sector in Indonesia, there are additional requirements for legal consultants to be eligible to conduct LDD as required by The Indonesian Financial Services Authority (“OJK”). Legal Due Diligence (“LDD”) can be seen as a procedure for mitigating risk. The risk referred to is closely related to the transaction […]
“In practice, legal due diligence is necessary for multiple reasons, e.g., provide information related to a certain transaction or to be provided to an outside party. Therefore, it is recommended for a company to gather understanding as to the necessity of a legal due diligence.” Based on Professional Standards of Capital Market Legal Consultant Association […]
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