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Commercial Contract Dispute: Preparing Settlement Agreement

In most cases, the dispute clause in the commercial contract sets out the requirement for the contracting parties to resolve the dispute within a certain period before having the conflict settled by a court or arbitration. It is prudent to record the terms of the agreement in writing to obtain both certainty and finality. The concept of settling a dispute is straightforward, but the task of documenting a settlement can be complex. This article sets out a checklist to bear in mind when drafting a settlement agreement.

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The Urgency of Establishing a Land Bank as a Special Legal Entity

The government is currently discussing a presidential regulation that regulates the operations of the Land Banking Agency, which is regulated by GR 64/2021. This regulation is one of the technical regulations for the Land Banking Agency that the government formed last February through Government Regulation No. 64 of 2021 concerning the Land Banking Agency (“GR 64/2021”). The establishment of this institution is mandated by Law No. 11 of 2020 concerning Job Creation. GR 64/2021 was stipulated by President Joko Widodo…

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Land Banking as An Alternative to Land Management

The urgency of implementing land management is triggered by the continued increase in the world’s population, thus the land that is static in nature must be able to provide the basic needs of its inhabitants. Responding to the world population explosion, many European, American, African and Asian countries are implementing land banking as land management. Land banking as an alternative to land management currently being implemented in many countries is not a new thing.

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Revision of The Power Plant Regulation in Indonesia

On 17th June 2021, the Ministry of Energy and Mineral Resources enacted the Minister of Energy and Mineral Resources Regulation No. 12 of 2021 regarding Classification, Qualification and Certification of Electricity Support Services (MR 12 2021) which revoked the Minister of Energy and Mineral Resources Regulation No. 38 of 2018 regarding Electricity Accreditation and Certification Procedures (MR 38 2018). This regulation revised many stipulations from the previous regulation, both minor and major, and we’ve compiled several noteworthy provisions.

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Preparing for a Commercial Dispute

Key things you should know before a commercial dispute

Commencing or facing litigation or arbitration (“legal recourse”) can be a very stressful, time-consuming and expensive process for all involved. This article discusses some key ways to prepare before taking legal recourse.

Do your due diligence
A key consideration when deciding to initiate legal recourse is whether your counterparty has assets against which to enforce a successful judgment. If there are no accessible assets,

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Foreigner Visa Ban Lifted in Indonesia

On 15th September 2021, the Minister of Law and Human Rights, Yasonna H. Laoly, officially enacted Regulation of the Minister of Law and Human Rights No. 34 of 2021 regarding the Granting of Immigration Visas and Residence Permits in the Period of Handling the Spread of Corona Virus Disease 2019 and National Economic Recovery (“MR 34/2021”) which revokes the Regulation of the Minister of Law and Human Rights No. 27 of 2021 concerning Restrictions on Foreigners Entering Indonesian Territory during the Enforcement Period of Restrictions on Emergency Community Activities (“MR 27/2021”).

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The Urgency of Personal Data Protection

The suspected data leaks from Social Health Insurance Administration Body (BPJS) and the Indonesia Health Alert Card (eHAC) demonstrates the urgent need to provide increased protection for citizens’ personal data. But, in reality, the discussion of the Bill on Personal Data Protection has reached a dead end. The reason is that parliament and the government both hold different opinions about the concept of an institution that will protect people’s personal data. The government wants this institution to be under the Ministry of Communication and Information as the executive power branch. Meanwhile, parliament wants the institution to be independent and report directly to the President.

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Coal Export Suspension

On August 7, 2021, the Director General of Mineral and Coal (Dirjen Minerba) of the Ministry of Energy and Mineral Resources (ESDM) sent a letter T-370/MB.05/DJB.B/2021 regarding “Prohibition of Coal Sales Overseas ” to the Director General of Foreign Trade, the Director General of Customs and Excise, and the Director General of Sea Transportation, stating that there are 34 coal supply companies that have not fulfilled their coal supply obligations in accordance with the sales contract with PT PLN (Persero) and/or PT PLN Batubara from the …

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New OSS Platform: Online Single Submission Risk-Based Approach (OSS-RBA)

The Government has officially launched a new version of OSS under the name Online Single Submission Risk-Based Approach (OSS-RBA) with Government Regulation Number 5 of 2021. Pursuant to Government Regulation No 5 of 2021 regarding the Operation of Risk-Based Business Licenses or Peraturan Pemerintah Nomor 5 Tahun 2021 Tentang Penyelenggaraan Perizinan Berusaha Berbasis Risiko (“GR No. 5/2021”)

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Payment Service Provider in Indonesia

The latest BI regulations classify payment system service providers into two sectors, namely payment service providers or Penyedia Jasa Pembayaran (PJP) and payment system infrastructure operators or Penyelenggaraan Infrastruktur Sistem Pembayaran (PIP). PJP carries out activities to provide information on sources of funds, payment initiation or acquiring services, administration of sources of funds and remittance services, while PIP carries out clearing and final settlement.

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Schinder Consultant London Ltd.

Introduction

Welcome to our London office, where a cadre of seasoned professionals is dedicated to providing an unparalleled standard of sophisticated legal services to a discerning global clientele. Our overarching mission is to facilitate the realization of your international life and business objectives with the utmost precision and finesse, ensuring a seamless integration into your new environment.
 
In the domain of our proficiency, we present a meticulously curated portfolio of services that extends across diverse sectors, encompassing investment immigration, real estate investment, educational consulting, concierge services, wealth management, and lifestyle services. Our commitment lies in the delivery of holistic, one-stop solutions that surpass conventional boundaries, attending to the intricate nuances of your distinctive needs with a prideful dedication to excellence. We embrace a commitment to excellence, striving to not only meet but exceed the expectations.