Triangga Kamal

Partner

As the co-founder of KYORA, Triangga leads the firm’s EDRI practice (Employment Dispute Restructuring and Insolvency). All aspects of disputes: employment, restructuring and insolvency issues are his forte, assisting a wide variety of clients during their hard time when encountered by contentious matters in Indonesia.

Over a decade of working with associated international firms, Triangga is equipped with versatile skills to understand clients’ need and to steer the disputes in the right course. Clients appreciate his pro-active and commercial solution-based approaches in identifying and solving issues.

As a member of the Indonesian Bar Association, Triangga is also admitted as Indonesian Receiver and Administrator and is a member of the current regime of the Indonesian Receiver and Administrator association. He was invited as a speaker in various events, among others, Cross-Border Debt Restructuring and Insolvency in Indonesia at Indonesia 2017 In-House Legal Summit held by Asian Legal Business.

Selected Credentials

  • PT Barata Indonesia (Persero) in restructuring in total debt amounting to IDR3 trillion via a court driven restructuring process.
  • Bank of New York Mellon as the Trustee of USD300 million of 12% Guaranteed Senior Secured Notes and USD700 million 10.75% of Guaranteed Secured Notes in a court driven restructuring process (PKPU) of Bumi Resources in Indonesia.
  • A parent company of Tiphone Tbk (through its parent company) in restructuring in total debt amounting to IDR350 billion.
  • Taipei Fubon Commercial Bank Co. Ltd in a court driven restructuring process of Sritex’s group
  • Solusi Tunas Pratama Tbk in relation to the court driven restructuring of Bakrie Telkom.
  • JP Morgan in a court driven restructuring process (PKPU) of Arpeni Pratama Ocean Line including to guide through JP Morgan on the implementation of the composition plan.
  • Credit Suisse on a court driven restructuring process (PKPU) of the holder of Contract of Work (Kontrak Karya) up to the take over of the company by an investor.
  • Bank CTBC Indonesia on an annulment application of the PKPU’s restructuring plan of PT Royal Industry Indonesia for a debt owed to the syndicate lender in the amount to USD330 million.
  • CekAja.com, a leading financial marketplace company against its disgruntled former employee.
  • Timwetech, a global tech solution provider in a legal action brought by its Indonesian JV partner.
  • Metal commodities, affiliated of Indonesian leading energy company based in Singapore in a dispute arising from a revocation of COA (certificate of analysis) and non-payment obligation from the buyer at SIAC (Singapore International Arbitration Centre).
  • 18 syndicate lenders comprising international and Indonesian lenders on the USD330 million restructuring of PT Royal Industries arising from PKPU proceedings in Indonesia.
  • Standard Chartered, an international bank in relation to the USD1 billion restructuring of the Samin Tan owned Borneo Lumbung Energi arising from Asmin Koalindo Tuhup’s PKPU proceedings in Indonesia.
  • Repsol Indonesia, a Spanish energy company with strategic approach in achieving agreement between the Company and labour union on Collective Labour Agreement with the labour union.
  • Standard Chartered, an international bank on strategic approach against its employees who found to have committed gross misconduct in violating the internal company regulations and laws.
  • Thiess Contractor, a major global contractor in an unlawful act case brought by its financial advisor before the South Jakarta District Court.
  • Hutchison Port Indonesia, a leading global port and network and operator in a citizen lawsuit brought by Indonesian citizen requesting an annulment of concession agreement.
  • PT Dok dan Perkapalan Indonesia (Persero) in a court driven restructuring process for a total debt owed amounting to IDR 1 trillion
Expertise:
Employment, Dispute, Restructuring, Insolvency
E: triangga@kyoralaw.com
P: +62 811 1022 201
Triangga KamalLinkedIn

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