FKNK Law Firm > Jakarta, Indonesia > Firm Profile

FKNK Law Firm
Equity Tower, 40th Floor, Unit 40E
Sudirman Central Business District (SCBD), Lot 9
Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190
Indonesia

Indonesia > Restructuring and insolvency Tier 2

FKNK Law Firm has a ‘good understanding of the commercial side of restructuring and insolvency’ and is particularly active in the hospitality, shipping, and finance sectors.  The practice is chaired by Martin Patrick Nagel, who is hailed by clients as a ‘truly standout individual’. He is adept at handling the entire life cycle of a restructuring proceeding, acting for both secured and unsecured creditors. Aldi Firmansyah is an authority in contentious matters, while Ramos Romatua Sidjabat is recognised for his ability in asset transfer negotiations and debt payment postponements.

Practice head(s):

Martin Patrick Nagel

Testimonials

‘This unique team has a seamless, integrated approach, drawing on specialists from across the firm without creating silos. This ensures clients get a holistic solution, not a piecemeal one.’

‘They also have good understanding of the commercial side of restructuring and insolvency compared to other lawyers, which makes the solutions proposed more value -preserving and economic.’

‘Martin Patrick Nagel is a truly standout individual whose reputation and expertise set him apart. His qualities are not just a reflection of the practice; they are a major reason for its success.’

‘Martin has been involved in major restructuring deals, which directly reflects the firm’s capabilities as a whole. This experience demonstrates his ability to handle high-stakes, complex, and high-profile matters, a quality that is highly valued by clients.’

‘Restructuring and insolvency cases are often not just about the insolvency law itself. They touch on corporate law, finance, litigation, tax, and employment law.  They have also worked on a lot of major restructuring deals with various industry exposures such as aviation, textile and garment, media, manufacturing, etc. ’

Key clients

PT Bank Negara Indonesia (Persero), Tbk.

PT Dok & Perkapalan Kodja Bahari

BNI Asset Management

SC Lowy Financial (HK) Limited

PT Bank Mega, Tbk.

PT Mega Capital Sekuritas

Ancora Group

PT Narendra Interpacific Indonesia

Work highlights

  • Managed the administration for PT Adhi Persada Properti in a complex debt postponement case involving a staggering Rp 4.75 trillion and over 1,000 creditors, achieving a favorable restructuring and debt repayment process.
  • Navigated negotiations whilst acting for PT Dok dan Perkapalan Kodja Bahari (Persero), involving more than 70 creditors and a debt total of Rp 3.7 trillion, culminating in a successful settlement and debt repayment plan.
  • Facilitated a critical debt restructuring for PT Narendra Interpacific Indonesia, involving debts of Rp 4.47 trillion. The firm successfully orchestrated negotiations with a wide array of creditors, including major banks, achieving consensus and approval of the restructuring plan by a majority of creditors.

FKNK Law Firm, established in 2011 and based in Jakarta, Indonesia, is led by nine partners: Widyantoro Kurnia, Ichsan Perwira Kurniagung, Martin Patrick Nagel, Aldi Firmansyah, Martino Tando, and Raden Aji Wibisono, Meilisa Husein, Gladi Argo Febri, Ferry F. Rajagukguk, and Ramos Romatua Sidjabat. As a multi-practice law firm, FKNK is committed to delivering innovative, strategic, and comprehensive legal services, maintaining the highest professional standards in the industry. The firm’s effective and timely legal solutions, combined with its multi-specialist teams, enable efficient navigation of complex legal and regulatory issues.

Our team works efficiently across expertises to navigate complex legal and regulatory challenges, ensuring sound, practical solutions tailored to each client’s needs. In 2024, we expanded our presence with the opening of a branch office in Surabaya, strengthening our reach and accessibility to clients across Indonesia.

We are not just legal advisors — we are problem solvers and deal makers. Our approach combines strong analytical skills, in-depth knowledge, and a keen understanding of case-specific requirements, allowing us to protect our clients’ interests and drive results.

FKNK specializes in a wide range of legal services, covering corporate and commercial matters as well as dispute resolution. Our expertise spans negotiations, debt restructuring, insolvency, arbitration, and litigation. We are trusted by state-owned enterprises, multinational corporations, mining and energy companies, government agencies, startups, digital and fintech players, and prominent individuals.

We have a proven track record of advising clients through complex mergers and acquisitions, business operations, corporate restructuring, capital markets, and the scaling of startups. Our services include legal support in IPOs, private placements, and other capital market transactions, backed by our lawyers registered with the Indonesian Financial Services Authority (OJK).

Many of our clients have continued to trust us since our early days, a testament to our commitment to their success. With a growing presence in Jakarta and Surabaya, FKNK is ready to be your trusted legal partner, dedicated to excellence and fully invested in supporting your business growth.

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