Founded in 2017, up-and-coming law firm
UMBRA is located in Jakarta and is helmed by managing partner
Pramudya
Oktavinanda.
The firm has high-quality banking and restructuring practices and is also strong in capital markets, M&A and project development.
Recent examples of the firm’s deal work include
advising
Siemens Energy in the proposed spin-off of Siemens Indonesia’s energy, construction, and power business to a new entity as part of the global restructuring and spin-off of Siemens AG to Siemens Energy. The deal is complex because construction business is one of the last industries that are still highly regulated in terms of foreign ownership and business licenses, requiring Siemens Energy to partner with existing Indonesian construction companies and create a novel shareholding structure that will allow Siemens Energy to maintain control on the new entity and enjoy the previous company experience for future public tenders of work.
Projects highlights include
advising
PLN Nusantara Renewables in the limited-recourse project financing of 510 MW Batang Toru Hydroelectric Power Plant in
Tapanuli, North Sumatera, Indonesia. The
uniqueness of this deal relies on the hybrid and semi-project finance structure of the financing.
"They are very responsive. Their work was completed very quickly and attention to details with the client." (Banking client)
" UMBRA provides quite sharp direction and guidance regarding finance in Indonesia in a comprehensive manner for my company." (Banking client)
"UMBRA's meticulous preparation of transaction documents within a
demanding
timeframe that is tailored to our specific needs ensured a smooth execution of the financing schemes within our group." (Banking client)
“UMBRA stands out because of its deep specialization in capital market laws in Indonesia. Their team's expertise is theoretical and highly practical, as they clearly understand how regulatory changes impact business operations. This makes their guidance both relevant and immediately applicable. Moreover, their responsiveness and attentiveness to client needs are exceptional. They handle queries promptly and ensure that communication is clear and understandable, which is crucial in a regulatory context where timeliness can be as important as the advice itself. Their team is also notable for its diversity in expertise, which allows them to offer holistic advice that considers multiple angles of a situation — from compliance and risk management to strategic business implications. This comprehensive approach, combined with their localized knowledge, really sets them apart in the field of capital market legal services in Indonesia.” (Equity capital market client)
"Lean and efficient team that is experienced." (M&A client)
"They are efficient and responsive and has the required expertise." (M&A client)
"They offer tailored solutions, anticipate challenges, and deliver high-quality work promptly. Their commitment to understanding our objectives and providing innovative strategies makes them our preferred legal partner for complex corporate transactions." (M&A client)
"UMBRA went beyond simply delivering on our requirements. They were willing to provide suggestions and solutions if needed. Additionally, their work was highly detailed while remaining flexible to adapt to our evolving needs." (M&A client)
"Very knowledgeable about corporate structure and strategy and adept to very short turnaround time. They understood that doing business in Indonesia is unique and sometimes requires unconventional safeguards." (M&A client)
"Very knowledgeable about corporate structure and strategy and adept to very short turnaround time. They understood that doing business in Indonesia is unique and sometimes requires unconventional safeguards." (M&A client)
"We have worked together with UMBRA since its establishment in 2017. In fact, we were among the organization's initial clients. Despite UMBRA's recent establishment, we did not hesitate to appoint and entrust UMBRA as our counselor. We always believe that UMBRA’s lawyers possess all the necessary skills and a strong work ethic to
assist and represent us in completing our intricate transactions. They are passionate and highly dedicated to serving the needs of its clients. It goes without saying that being able to work with UMBRA is a very pleasant experience." (M&A client)
"Fast response, understanding Adaro's style, readily available partners." (Project development client)
"Giving the solution rather than only put on an issue." (Project development client)
"Their proactive approach and depth of knowledge have instilled confidence in our team. Given that PDP Law is a newly enacted regulation with minimum precedents in the Indonesian market." (Project development client)
"They are very flexible in meeting requirements, very responsive to client needs and high engagement of senior legal counsel in assignments." (Project development client)
"UMBRA with two leading partners, Mr. Putu Raditya and Mr.
Pramudya, have shown remarkable legal support in assisting and advising our company with efficiency, speed, and good communication. Their understanding in our business needs and industry expertise covered all the issues in a timely manner." (Restructuring and insolvency client)
Sarana Multi
Infrastruktur, Indonesia Ferry Property, Celebes Railway Indonesia, Energi Listrik Batam, Telkom Indonesia, Jasa Marga, Semen Indonesia, Bumi Resources Minerals, Perusahaan Gas Negara, Kita Bisa Indonesia, Pertamina EP
Cepu
