Founded in 1980, Jakarta-headquartered
Makarim & Taira S is one of the most well-recognised names in Indonesia’s legal market. In 2020, it formed Drew Network Asia with Drew & Napier in Singapore and Shearn Delamore & Co in Malaysia to foster collaboration to serve the ASEAN region. The firm is also a member of World Law Group and World Services Group.
Focusses / specialisms
The firm’s core pillar is its banking and finance practice, offering a range of capabilities including project finance, Islamic finance and aviation finance. Clients include
lenders and borrowers, domestic and international banks, financial institutions and export credit agencies.
The corporate team is experienced in matters such as acquisitions, joint ventures, spin-offs and asset sales across a wide range of sectors.
The firm boasts a market-leading project development practice capable of advising clients on all aspects of the project life cycle.
The restructuring team is experienced in advising foreign banks on the restructuring and bankruptcy proceedings of local companies.
Key clients
Notable clients include Abell Foundation, Apis General Partner II, Temasek, Ferro Corporation, EastBridge Partners and Comba Telecom.
Research period review:
33rd edition (2022/2023)
The firm has been active in banking, M&A, project development and restructuring work during the research cycle.
The banking team was active for a mix of lenders and borrowers on domestic and cross-border financing mandates. It also advised on financial services regulatory matters.
In M&A, the firm actively acted for both sellers and acquirers in private deals and investments. The deals were in different sectors including investment management, consumer goods and services, and energy.
On the project front, the firm was actively acting for project company and sponsor in the mining, energy, and oil and gas sectors.
The firm was also active in restructuring work, acting for creditors and shareholders on some domestic restructuring transactions.
Deal highlights: 33rd edition (2022/2023)
Arthur J. Gallagher & Co’s $3.25 billion acquisition of the treaty reinsurance brokerage operations of Willis Towers Watson
Freeport Indonesia’s $3 billion notes issuance.
Client feedback: 33rd edition (2022/2023)
Banking
“Makarim & Taira S. is a very reputable law firm with a deep understanding of the law as well as of the relevant sectors of business and the needs of the clients.”
M&A
“They are quite practical and really understand our wishes.”
Vincent Ariesta Lie
“He is very responsive and practical when handling the deal. He deep dives on each case.”
Lebdo Dwi Paripurno
“Lebdo is an excellent lawyer with a deep understanding of the law and the relevant areas of industry. He never misses any deadline.”
Maria H. Sagrado
“Maria is a very reputable lawyer. Maria is always responsive and has an excellent knowledge of the law as well as a deep understanding of the relevant areas of industry and of the needs of the client.”
