K-CASE Lawyer is thrilled to announce the appointment of our esteemed partner, Valentino Revol Korompis, S.H., M.Kn, as the Administrator in the PKPU (Penundaan Kewajiban Pembayaran Utang) process of PT Andhika Jaya Perkasa. This was done through decision number 64/Pdt.Sus-PKPU/2023/PN.Niaga.Sby dated 11 July 2023. PT Andhika Jaya Perkasa is a company primarily engaged in coal procurement, sale, and transportation, and plays a pivotal role in the energy sector. Notably, it is a subsidiary of PT Prima Multi Artha, a leading player in the coal mining industry.
Our Partner Valentino, in his role as PKPU Administrator, assumes responsibilities that encompass evaluating the financial position and operational activities of PT Andhika Jaya Perkasa, formulating strategies for debt repayment or restructuring, engaging with creditors and stakeholders for negotiations, and ensuring compliance with legal obligations throughout the PKPU process.