Ichsan Perwira Kurniagung

Ichsan Perwira Kurniagung, a Founding Partner of FKNK Law Firm, holds Bachelor and Master of Law degrees from the University of Indonesia, specializing in Business Law. Prior to FKNK, he gained over five years of experience at one of Indonesia's largest law firms. With more than 15 years experience in legal services, Ichsan has been instrumental in a wide array of legal cases and transactions, including capital markets, banking, transnational syndicated loans, mergers and acquisitions, high-profile antitrust proceedings, commercial litigation, arbitration, and significant infrastructure projects under Public-Private Partnership schemes.

With his deep expertise in corporate law, Ichsan also provides counsel to numerous companies in the financial technology and e-commerce sectors. His proficiency has earned him multiple national and international accolades. In 2023, he was named among the “50 Up and Coming Future Legal Leaders” by Asian Business Law Journal, recognized as a Notable Practitioner in Restructuring & Insolvency by IFLR 1000, and recommended as an Individual Lawyer by Hukumonline’s In-House Counsel Award 2022.

Ichsan's notable clientele spans government bodies, state-owned enterprises, foreign government institutions, multinational corporations, prominent local companies, and a legendary musician. His diverse client list includes PT Vale Indonesia, Tbk, the US Department of Justice, Joint Operating Body of Pertamina Medco E&P Tomori Sulawesi, PT BNI Asset Management, PT Ancora Indonesia Resources Tbk, the Indonesian Ministry of Public Works and Housing, PT. Bank CIMB Niaga Tbk, Genting Plantation Berhad Group, Batam Indonesia Free Zone Authority (BIFZA), the Indonesian Ministry of Transportation, PT. Medco E&P Indonesia, PT. BASF Indonesia, PT Hexindo Adiperkasa Tbk, PT. Multi Bintang Indonesia Tbk, PT. Bank Tabungan Pensiunan Nasional Tbk, PT Hilconjaya Sakti, and Iwan Fals with his production house management.

Additionally, Ichsan is a licensed Capital Market Legal Consultant (registered with Otoritas Jasa Keuangan orOJK) and a Legal Consultant registered with Bank Indonesia (Indonesia Central Bank) for Commercial Paper Issuance. He remains an active member of the Capital Market Legal Consultant Association (HKHPM) and serves as the Secretary General of the Indonesia Advocates Association (AAI) in the South Jakarta Branch.

He is also an executive committee member in the Indonesia Administrator and Receiver Association (IKAPI) and currently holds the position of Vice Chairman in the Pangudi Luhur Alumni Association (IKA-PL). In 2018, Ichsan represented Indonesia in the International Visitor Leadership Program (IVLP) by the US Government, focusing on Developing Capital Markets, where he received training on US best practices in capital markets, regulations, and project preparation from representatives of US regulators, government agencies, professionals and investors in Washington D.C., New York, San Francisco, Charlotte and Chicago.

• PT Waskita Beton Precast, Tbk.

FKNK Law Firm was actively involved in the restructuring of PT Waskita Beton Precast, Tbk., through the postponement of debt payment obligations (PKPU) process at the Commercial Court of the Central Jakarta District Court. PT Waskita Beton Precast, Tbk., a subsidiary of PT Waskita Karya (Persero), Tbk., is a prominent state-owned construction company in Indonesia, specializing in the precast and ready-mix concrete manufacturing industry. In this case, FKNK Law Firm represented the bondholders' creditors, with PT Waskita Beton Precast, Tbk. being the bond issuer.

Our representation included six investment management companies in which these firms collectively held bonds totaling Rp1,186,500,000,000 (one trillion one hundred eighty-six billion five hundred million Rupiah).

The restructuring of PT Waskita Beton Precast, Tbk., proceeded smoothly. The payment settlement for the bondholders' creditors was divided into two tranches: 15% (fifteen percent) of the total bond value paid through bullet payments in the 5th (fifth) year following the settlement agreement gaining permanent legal force, and 75% (seventy-five percent) paid via Mandatory Convertible Bonds (MCB).

• PT Vale Indonesia Tbk.

FKNK conducted legal due diligence on land spanning 262 hectares in Onepute Jaya Village and Bahomotefe Village, within the East Timur Sub-District of Morowali Regency, Central Sulawesi Province. This land, owned by PT Graha Sumber Mining Indonesia, is part of an acquisition transaction we are managing for PT Vale Indonesia, Tbk.

Our role extends to providing legal advice and reviewing the lease plan for land and buildings in Morowali Regency, Central Sulawesi, for a duration of 5 years. Our expertise ensures that all aspects of this transaction are scrutinized for legal compliance and optimized for our client's strategic objectives.

• Department of Justice of Government of the United States

Serving as a Legal Advisor to the United States Department of Justice Tax Division, focusing on shareholder information rights and related issues under the Indonesian Capital Market Law (2019). The responsibilities included preparing an expert witness report on Shareholders' Informational Rights and Related Issues under the Indonesian Capital Market Law for the United States.

• Restructuring and insolvency

• Financial services
• Mining
• Transport
• Investment management
• Banking

• PERADI

• HKHPM (Capital Market Legal Consultants Association)
• IKAPI (Association of Indonesian Curators & Administrators)

• Bachelor of Law, University of Indonesia (2014)
• Master of Law, University of Indonesia (2008)