Insolvency 2025

INDONESIA Trends and Developments

Trends and Developments Contributed by: Farih Romdoni Putra, Aditya Bagus Anggariady, Ghifar Hilmi and Andhika Kusumonegoro KARNA

KARNA is an Indonesian law firm focusing on cor - porate/commercial law as well as litigation and ADR. It provides sophisticated legal counsel to entities of any size and in any stage of development – from bur - geoning start-ups to large blue-chip companies – in various practice branches, including M&A transac - tions, company restructuring, digital economy, pri - vate equity/venture capital transactions, content and entertainment, financial services, banking, financing, capital markets, employment, and any other aspects of corporate and commercial law applied in a num -

ber of industry fields. The team currently consists of 17 lawyers, comprising 6 partners and 11 permanent associates. To fulfil client global expansion needs, KARNA provides worldwide legal services via the firm’s extensive international association network, Withers. Withers spans the USA, Europe and Asia in order to support clients effectively, with a focus on private individuals and their enterprises. Withers also advises global brands, technology and life sciences businesses, charities and governments.

Authors

Farih Romdoni Putra handles high- profile cases. Known for his practical problem-solving skills, Farih focuses on finding straightforward and effective solutions that align with the best interests of his clients. His

Aditya Bagus Anggariady has built a strong professional network and ultimately established KARNA Partnership. Deeply committed to every relationship, he consistently advocates for clients’ interests with

commitment to continuous learning is evident through his completion of a doctorate programme at Universitas Indonesia. This academic achievement complements his practical experience, providing a well-rounded perspective on legal matters. His areas of expertise include insolvency, debt restructuring, general corporate and commercial transactions, and dispute resolution. He is a licensed advocate and a member of the Indonesian Bar Association (PERADI), as well as a registered administrator and receiver with the Indonesian Association of Receivers and Administrators (Asosiasi Kurator dan Pengurus Indonesia/AKPI).

dedication and integrity. Aditya has been involved in a broad range of disputes, including civil litigation, arbitration, alternative dispute resolution, PKPU/ bankruptcy, white-collar crime and family law. He has also contributed to corporate matters, including acquisitions, restructuring, infrastructure, energy, defence, lifestyle and entertainment, and employment transactions. Aditya obtained his LLB from Pelita Harapan University. He is a licensed advocate and a member of the Indonesian Bar Association (PERADI), as well as a registered member of the Indonesian Association of Receivers and Administrators (Ikatan Kurator dan Pengurus Indonesia/IKAPI).

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