Tarsis Halintar

Publications: 03 APRIL 2020

Covid-19 coronavirus: Impending changes to credit facilities agreements of Czech borrowers

The Czech government has submitted to the Parliament a proposal which would ultimately result in temporary changes to credit facilities agreements and certain other finance documents of, amongst others, corporate borrowers irrespective of the law governing these contractual relationships. 

Publications: 02 APRIL 2020

Covid-19 coronavirus: opportunities for financial relief in the aviation industry under the CARES Act

This note summarizes the provisions of the CARES Act that address financial assistance for the U.S. aviation industry in the wake of the Covid-19 coronavirus.

Publications: 02 APRIL 2020

New concession model introduced to monetise existing Government/SOE infrastructure assets

On 18 February 2020, the Government introduced a new legal framework on the limited concessions scheme (LCS) in the infrastructure sector. The new rule is Presidential Regulation No. 32 of 2020 on Financing of Infrastructure through Limited Right of Utilisation (Reg 32).

Publications: 06 FEBRUARY 2020

The Constitutional Court decision on the enforcement of the fiducia security: is this a new interpretation?

A recent decision by the Constitutional Court of Indonesia led to an interpretation of article 15 of the Fiducia Law in relation to enforcement of fiducia security in Indonesia. The ruling has brought into question the ability of a creditor to enforce fiducia security without the need to get a court order. The ruling also raises an issue on the ability of a creditor to declare an event of default without the need to involve a debtor or to obtain a court ruling