PT Garuda Indonesia (Persero) Tbkâs proposed restructuring of all its financial and trade debts and aircraft leases, as well as its business transformation

Assegaf Hamzah & Partners is acting for GIAA as its Indonesian legal counsel in its suspension of debt payment obligation (PKPU) proceedings submitted by its trade creditor and actively involved in the discussions between GIAA and its stakeholders, including creditors, lessors, and the Indonesian Ministry of State-Owned Enterprise and Ministry of Finance regarding the proposed restructuring plan. Partners Ibrahim Sjarief Assegaf, Eri Hertiawan, Asep Ridwan, Putu Suryastuti and Tracy Tania are leading the transaction.

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