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PT Trans Pacific Petrochemical Indotama Sued Bankcruptcy
August 23th 2011
 

Two foreign creditors know, there is  discrimination during the treatment of debt restructuring of PT Trans Pacific Petrochemical Indotama (TPPI) is with a number of creditors including PT Asset Management Company (PPA) and PT Pertamina (Persero). Both foreign creditors from the Netherlands were Argo  Capital BV and Argo Global Capital Holdings BV filed for bankruptcy.

The filing bankruptcy has registered in the Central Jakarta Commercial Court with the number 55/Pailit/2011/PN.Niaga on August 12, 2011 and scheduled hearings on August 24, 2011 premiere. The filing Bankruptcy comes from Argo Capital BV and Argo Global Holdings is not involved in the process of debt restructuring of PT Trans Pacific Petrochemical Indotama (TPPI), which is currently still running. The applicant's bankruptcy, as creditors have a claim and have due date and can be billed is not involved in the restructuring process.

In addition to Argo and Argo Global Capital BV Holdings BV, TPPI also has a number of other creditors such as PT Pertamina (Persero), Vitol Tuban Finance BV, JGC Corporation and PT Tuban Petrochemical Industries.

 
 
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16/08/2013
Revision of the Minister of Agriculture Regulation No. 26/2007 regarding Plantation Business Permit
05/07/2013
LexRegis Trip to Pari Island
18/06/2013
Seven Important Points of BKPM Regulation No. 5/2013
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Merry Christmas 2012 & Happy New Year 2013
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