Suspensions of Debt Payment Obligation (PKPU) and Bankruptcy
We understand the necessity of strategic resolution for a company facing financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity in order to run on its business. On the other hand, the creditor needs a certainty upon the fulfilment of obligations in a timely and efficient manner.
NSMP represents and provide legal assistance to various clients in suspension of debt payment obligation (PKPU) and bankruptcy as the debtor and creditor.
NSMP has also assigned as the administrator pursuant to the commercial court decision in a suspension of debt payment obligation (PKPU) process of the country’s largest airline company.