Indonesia court restructures challenge international creditors.

• Autores: Andrew Hutton, Wincen Santoso
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 31 (8/8/2016), 2016, págs. 4-4
• Idioma: inglés
• Enlaces
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• Resumen

  • The article discusses how international creditors need a proactive strategy to survive Indonesian court supervised restructuring as they face present or imminent payment defaults by Indonesian borrowers and guarantors in the international market. It notes that Indonesian debtors are willing to use the protections afforded by the domestic court-supervised restructuring process to achieve a binding rescheduling of their debts and obligations.