About Us

Thank you for visiting our website. Darmawan & Partners comes to give you alternative option to get SOLUTION for your legal issues.

Our team are keen to listen to your legal issues and offer you the practical, yet commercially workable, solution to your legal issues.

Our aim is always to see you and your business partners achieve the deal which is beneficial for all parties and the business can then grow bigger and bigger.

Our Areas

In most (if not all) transactions will of course involve funding from either financial institution or non-financial institution.

We are experienced in working with both lenders and borrowers to close various types of financing structures with various types of lenders and borrowers, including their subsequent restructurings. Some of them are as below:

  • Loan Restructuring Arrangement – representing Bangkok Bank PCL in restructuring a loan facility with a 5-star luxury hotel in Jakarta, Indonesia;
  • Loan Facility Arrangement – acting as the Indonesian legal counsel to an Indonesian conglomerate group company in receiving an up to USD 85 million loan facility from a syndication of international banks;
  • Loan Facility Arrangement – representing Bangkok Bank PCL in granting an up to USD 140 million loan facility to an Indonesian coconut oil producer;
  • Securities Crowdfunding (SCF) Licensing and Structuring – advising PT Numex Teknologi Indonesia (one of four SCF Services Providers which have been licensed by the Indonesian Financial Services Authority – OJK) in obtaining the business license from OJK and in structuring the products that they will offer to the public;
  • P2P Lending Companies Business Development – acting as retainer legal counsel to several P2P Lending Companies whereby we advise them on various lending products which will be offered and their compliance with OJK regulations and policies.

Mergers and acquisitions are known as the best non-organic way to grow up the size of your business.

Our team actively handles both general and complex M&A deals involving local and international parties as highlighted in following credentials:

  • Acquisition of a Rural Bank – representing an Indonesian conglomerate group company in acquiring 100% shares in a rural bank in West Java, Indonesia;
  • Acquisition of a Financial Technology Aggregator Company – representing MoneySmart in selling to Lifepal the entire shares in its Indonesian subsidiary company which is engaged in financial technology aggregator and media business activities;
  • Divestment of Business – representing PT Diti Medik Estetika in selling its entire medical aesthetic business and transferring its employees to an Indonesian subsidiary of idsMED group;
  • Football Club Acquisition – representing an Indonesian conglomerate group company in acquiring 100% shares of an Indonesian football club company in Central Java, Indonesia;
  • Strategic Merger - representing an Indonesian conglomerate group company in structuring a cash-out merger of companies in the health industry.

Our team actively advises start-ups investment by private equity, venture capital as well as strategic investors.

Creative thought in structuring the deal is key-point of our lawyer in handling this type of transaction as reflected in the below footprints:

  • Private Equity Investment – advising PT Brightspot Indonesia, founder of PT Cipta Retail Prakarsa (owner of The Goods Dept, The Goods Diner, The Goods Café and Goods Burger), in dealing with Falcon House Partners for the follow-up equity investment to PT Cipta Retail Prakarsa which was initially made in 2017;
  • Seeds Fund Investments – representing Salt Ventures in investing to more than 10 early to growth stage companies in Indonesia;
  • Investment in P2P Lending Company – advising PT Grha Dana Bersama (owner of Avantee, a P2P Lending platform) in receiving an investment from a strategic investor and PT Kreasi Anak Indonesia (owner of GandengTangan, a P2P Lending platform) in receiving an investment from a venture capital company;
  • Strategic Investment in Qlue – advising a strategic investor in conducting investment to PT Qlue Performa Indonesia, which is well known as a provider of smart city solutions;
  • Pre-Series A Funding – advising PT Online Media Guna (owner of “pergikuliner.com”) in receiving pre-series A funding from a group of Japanese investors.

Ensuring smooth business operations of a company cannot be separated from strong legal support on its day-to-day business transactions.

Aside from our representatives above, we also assist local & multinational companies, governmental institutions as well as individual clients on the legal matters related to their daily business activities and internal restructuring within their companies. We highlight below some of our major representatives:

  • Capella Ubud Hotel Management Agreement – advising the hotel owner (PT Awahita Indonesia) in negotiating up until the closing of a hotel management agreement with Capella Hotel Group (an international hotel management service provider) for the management of Capella Ubud, a luxury hotel in Ubud, Bali;
  • Renewable Energy Cooperation Arrangement – advising a renewable energy processing company in entering into a cooperation agreement with a State-owned company which supplies the raw materials which includes a BOT structure in the arrangement;
  • Software Development Agreement – advising PT Livit International Indonesia, an international software development company, to prepare a standard IT software development agreement for cooperation with its customers;
  • Strategic Corporate & Employment Decision - advising Rajaampat Biodiversity Resort on various corporate and employment legal matters;
  • Family Trust – advising an Indonesian conglomerate in structuring a family trust within his family in order to ensure professional management within the group company run by his family and avoid any inheritance dispute in the future by his heirs.

Partner

Agung Darmawan

Well-known for his legitimate strength, expertise in law and strategy, and capacity in equipping clients to make a thorough and well-thought decision in a speedy manner, Agung is one of those exceptional lawyers whose clients have trusted him to land on and seize broad range of international and local opportunities, from acting as a counsel to banks and other financial institutions, to advising blooming companies as well as the venture capitals.

In addition to his role as the partner of the firm, since 2020, Agung has also been appointed by the Ministry of Cooperatives & Small and Medium Enterprises, Republic of Indonesia to be an expert legal advisor to SMESCO Indonesia, a business unit under the Ministry of Cooperatives & Small and Medium Enterprises, Republic of Indonesia.

Testimonials

Contact

Phone

+62 21 5795 8240

Address

Menara Palma, 17th Floor, Jl. H. R. Rasuna Said Kav. VI No. 9, South Jakarta, DKI Jakarta, Indonesia

Email

agung@darmalaw.id