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Corporate Finance/M&A

11 September 2019
Elsie F Hakim New BKPM regulation clarifies guidelines and procedures for licensing and facilities under FDI regime

Indonesia - Ali Budiardjo, Nugroho, Reksodiputro

Indonesia's Investment Coordinating Board (BKPM) recently issued a new regulation that amends BKPM Regulation 6/2018, which sets out guidelines and procedures for licensing and facilities under Indonesia's foreign direct investment (FDI) regime. The most significant changes include the reaffirmation that certain FDI companies must comply with divestment obligations and the confirmation that shareholding foreign directors and commissioners are exempt from the normal expatriate employment rules.

Authors: Elsie F Hakim, Rully Hidayat
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Simon J Little Private M&A on trial: interpreting private M&A sale and purchase provisions

United Kingdom - Davis Polk & Wardwell LLP

Two recent High Court of Justice decisions provide guidance on the interpretation of provisions customarily included in sale and purchase agreements for the acquisition of private companies or businesses. In the first decision, the court considered whether the provisions of a purchase price procedure were conditions precedent. In the second decision, the court considered the scope of a restrictive covenant in an employment agreement and its impact on sale and purchase agreements.

Author: Simon J Little
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Recent updates

Simon J Little Private M&A on trial: damages for breach of private M&A accounting warranty

United Kingdom - Davis Polk & Wardwell LLP

Author: Simon J Little
Alexander Vogel Bulk transfers

Switzerland - Meyerlustenberger Lachenal

Authors: Alexander Vogel, Remo Müller

Upcoming event

IBA Annual Conference 2019

22 – 27 September 2019 – Seoul, South Korea

The IBA Annual Conference 2019 will be held in Seoul, South Korea, a thriving metropolis that mixes the traditional with the modern – from skyscrapers, high-tech subways, K-pop culture and K-beauty to Buddhist temples, palaces and street markets and a history going back 5,000 years. This technologically forward, but deeply traditional city, located between the North Asian powerhouses of Japan and China, is an ideal location for the largest and most prestigious event for international lawyers.


For more details go to:
https://www.ibanet.org/Conferences/Seoul-2019.aspx?utm_source=seoul&utm_medium=listing&utm_campaign=ILO

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