NOTIFICATION OF MERGER, CONSOLIDATION, AND/OR ACQUISITION OF SHARES AND/OR ASSETS
REGULATION OF THE COMMISSION FOR THE SUPERVISION OF BUSINESS COMPETITION NUMBER 3 OF 2023 ON ASSESSMENT OF MERGER, CONSOLIDATION, OR ACQUISITION OF SHARES AND/OR ASSETS WHICH MAY RESULT IN MONOPOLY PRACTICES AND/OR UNFAIR BUSINESS COMPETITIONS A. Introduction In an economic activity, it is very common for one or several business owners to consolidate themselves through […]
WILL ARTIFICIAL INTELLIGENCE (AI) DISPLACING LEGAL PRACTITIONER?
Introduction A decade ago, the idea that technology would significantly impact the legal profession, based on analysis, logic, and intuition, seemed unfathomable. The legal landscape appeared impervious to imminent threats from technological advancements. However, over time, technology has replaced many vital functions once carried out by humans, including in the legal domain. The introduction of […]
Protection of Intellectual Property Rights on the Logo of the National Capital City (IKN) “Nusantara”
The Indonesian government is absolutely sure of moving the capital city from Jakarta to Penajam Paser, East Kalimantan, which has been named the National Capital (Ibu Kota Negara, IKN) Nusantara. As of January 2023, Head of IKN Infrastructure Development Task Force Danis H. Sumadilaga confirmed that the progress of the basic infrastructure of the IKN […]
Understanding Trademark Exhaustion and Parallel Import in Indonesia
What is Trademark Exhaustion? Intellectual property (IP) rights pertain to a set of exclusive entitlements conferred upon an IP holder. In the case of trademarks, the proprietor is endowed with an exclusive right to utilize, advertise, and market the brand. However, a pertinent question arises when an unauthorized party, without the proprietor’s consent, vends goods […]
Provisions for Filing Petitions for Bankruptcy and Suspension of Debt Payment Obligation in the Financial Sector After Law Number 4 of 2023 on the Development and Strengthening of the Financial Sector is Enacted
On Thursday, 12 January 2023, the President of the Republic of Indonesia passed and signed Draft Law Number 4 of 2023 on the Development and Strengthening of the Financial Sector to become Law Number 4 of 2023 on the Development and Strengthening of the Financial Sector (“P2SK Law”). The purpose of establishing the P2SK Law […]
Should I File a Warning Letter before Bankruptcy Petition?
Question: If, as a creditor, I want to file a bankruptcy petition against my debtor, should I first send a warning letter to my debtor? Definition of Warning Letter Before answering the essence of your question, we should first understand what is referred to as a warning letter. Warning letter (somasi) according to M. Khoidin […]
IP Consultant in Indonesia: Understanding the Government Regulation Number 100 of 2021
The rapid development and advancement of technology have increasingly demonstrated that intellectual property (IP) is an important aspect of business and a personal attribute. IP contributes to the building of reputation for developed businesses and helps to maintain a competitive advantage. In certain provisions, actions related to intellectual property must be accompanied and/or carried out […]
Trademark Delimitation Agreements: An Overview under Indonesian Law
Definition and Purpose of Trademark Delimitation Agreement Trademark delimitation, also known as coexistence agreements, are created to prevent or resolve disputes between owners of conflicting trademarks by defining the areas in which trademarks may be used. Within the agreement, parties agree to use their marks only for certain goods and services in a certain manner. […]
Debt Collections in Indonesia: Choosing A Debt Collector Services or A Professional Lawyer
Jakarta, Indonesia – We cannot deny that debt collection is a concern for all parties involved. Regardless of the conflicting interests of the Creditor and Debtor, both of them want the same thing, i.e. timely and smooth settlement of debts. Recently, it became hot news in Indonesia, in which about 30 debts collectors paid a […]
Maximizing Value and Minimizing Risk: Key Considerations for Protecting Intellectual Property in Merger and Acquisition Transactions
In today’s digital age, it is becoming increasingly evident that intellectual property (IP) is a valuable asset for businesses. In the context of merger and acquisition (M&A) transactions, IP law can play a critical role, as the acquisition of valuable IP assets can significantly impact the success of the deal. IP assets, such as patents, […]