Indonesian Bankruptcy and PKPU Proceedings in a Time of Covid-19 [Brought to you by SSEK] – Legal Business Online
The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008. As part of efforts to check the spread of the virus, the Indonesian government has implemented a policy of Large-Scale Social Restrictions (Pembatasan Sosial Berskala Besar or PSBB), requiring most businesses to cease or at least pare down…