Rahayu Ningsih Hoed

Rahayu Ningsih Hoed has been with Makarim & Taira S. for more than 30 years rendering her the most senior partner at the firm. She has extensive experience in almost every aspect of legal practice due to her background as journalist and paralegal and is a widely recognized authority on corporate and M&A transactions, arbitration, employment, and project financing. Praise for Yayuk’s advice from clients include: “incredible, extremely well-considered advice”, “ensuring that deals always involve remarkable levels of risk management.”

Rahayu has represented many major multinationals companies such as Sumitomo Corporation, Halliburton, Marubeni Corporation, Shell, GAP Inc, Kellog Brown & Root and more. Her achievements include project financing for the 1,320MW large capacity Tanjung Jati B power plant and its expansions, major land acquisitions for infrastructure and mining projects, and highly sensitive mass terminations of employees. Her expertise is recognized in major International legal directories such as Chambers and Partners Global as Highly Ranked and Recommended Lawyer for Projects & Energy, Chambers and Partners Asia-Pacific as Highly Ranked and Recommended Lawyer for Projects & Energy, Dispute Resolutions and Real Estate. She is also recognized as Elite Practitioner in Project Development, Project Finance, and M&A by IFLR1000 and Litigation Star by Benchmark Litigation. Asialaw has also ranked her Elite Practitioner in Energy and Real Estate. She has also been ranked as Leading Individual in Corporate M&A, Projects & Energy, Employment and Real Estate and awarded the highest award, a Hall of Fame for Projects & Energy by the Legal 500 Asia-Pacific.

Under our deed of establishment, the firm does not differentiate between people according to their age, gender, ethnicity, religion, social class or sexuality. In Indonesia, this principle is important because there are hundreds of different ethnic groups, who follow several different religions. The firm’s partners, lawyers, and staff come from various different ethnic groups and follow different religions. They were born into different social classes and graduated from various universities.

As a firm that believes in the power of inclusivity, Makarim & Taira S. has been empowering many women lawyers to grow and thrive in a field that has been historically men-dominated. In fact, 60% of the firm’s lawyers are women. The firm has also seen many of its female lawyers thrive in and outside the firm over the past 40 years.

Makarim & Taira S. has also been working with the Indonesian Down’s Syndrome Association (ISDI) in in various initiatives and become a world Down’s Syndrome advocate. One of the programs that was conducted successfully before the pandemic was an internship program, in which Makarim & Taira S. hired young people with Down’s Syndrome to work at the firm.

• Leading the firm's advice to PT Central Java Power in relation to a project optimalization matter involving the repayment in full of a [CONFIDENTIAL] approx. JPY188 billion term loan.
• Acting for PT TBS Energi Utama, Tbk in acquiring an Independent Power Producer company in Indonesia which will develop a hybrid wind power project in Oelbubuk, one of the most promising and largest wind power plant projects in Indonesia.
• Advising a large multinational corporation in negotiating the cooperation agreement with PT MRT Jakarta, which covers the use of the company’s land for the construction of supporting facilities for MRT in Jakarta being the first MRT project in Indonesia.
• Advising a publicly listed independent power producer company in a state administrative dispute in relation to its pipeline license involving various claims totalling more than IDR 1 trillion or approx. USD70,000,000.
• Represented various embassies in the land acquisitions and disposals involving various legal matters including negotiations with the Government for acquisition of public property.
• Represented clients in employment dispute: Mass Termination of Employment. Processing termination of employment of more than 500 employees due to depletion of natural resources).
• Represented a number of clients in the cooperation and concession agreements with the Government or State-Owned Enterprises including end of concession and termination disputes.

• M&A
• Project development
• Project finance
• Real estate finance

• Dispute Resolution
• Energy
• Manpower
• Mining
• Natural resources
• Real estate

• Member, The International Bar Association (IBA)
• Member, The International Chamber of Commerce (ICI)
• Member, The Indonesian Advocates Association (PERADI)
• Member, The Indonesian Translator Association (HPI)

• University Diploma in Taste, Gastronomy and Arts de la Table (DUGGAT), Université de Reims (FRA, 2017)
• LL.M. (Outstanding Student Award), Boston University (USA, 2001)
• S.H., (Best Student Award), Universitas Pancasila (IDN, 1996)
• S.S., (Best Student Award), Universitas Indonesia (IDN, 1985)