Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

An unpredictable landscape

By Douglas Thomson

31 October 2019

An unpredictable landscape Komodo National Park, Indonesia / istock.com/fototrav

Forged in the fires of the Asian financial crisis, Indonesia’s bankruptcy law has some surprising idiosyncrasies and encourages a restructuring culture defined by pragmatism and flexibility. In other words, it doesn’t look like any other bankruptcy law in the world.