IFLR 1000
The Guide to the World's Leading Financial Law Firms

Hutabarat Halim & Rekan maintains its positions in tier three of both the capital markets and M&A tables this year. Established in 1995 the firm has been growing steadily ever since.

In the M&A area, department head Nini Halim led a team advising the Lee Cooper Group on its sale of its Indonesian business to FGIL. Halim also led as the firm acted alongside Debevoise & Plimpton in assisting Geoprolog Intiwijaya and Weltekindo Nusantara over the proposed acquisition of the Geoservices Group.

Halim also acted alongside capital markets head and fellow name partner Pheo Hutabarat advising the MNC Group in regard to the establishment of a new joint venture with Japanese corporate Rakuten. The project is related to web hosting and management consultancy in the field of online retail.

The firm also has foreign law experience in its ranks in the form of counsel Peter Fanning. Australian qualified, Fanning advises on corporate matters specifically foreign investment and natural resources.

On the capital markets front, Hutabarat acted for key client Indomobil Sukses Internasional last year as it completed a debt for equity swap transaction as part of the wider transfer of a loan.

The banking and finance teams at Hutabarat Halim & Rekan are led by partner Rosna Chung.

As well as leading the team, Chung also had a hand in most of the firm’s major mandates in the last year. In one example she acted alongside senior associate Antony Saragi advising AmMerchant Bank Berhad on the adjustment and transfer of a loan to GY Plantation Indonesia.

The firm also acted for both Bintang Baja Sinar Cemerlang and Ball Nirwana on various loan agreements.