Mr. Herry Nuryanto Kurniawan

 

Herry, who was made partner in 2012, is a key figure in ABNR’s project finance & development, real estate and restructuring & insolvency practices. 

 

In project finance & development, Herry has particular experience and expertise in the financing and development of major power-sector and industrial projects, and also regularly handles the real-estate aspects of such projects. He has worked on the financing and development of many of the largest power projects in Indonesia in recent years, including the Paiton Project and Paiton Expansion Project, Tanjung Jati B Project and Tanjung Jati B Expansion Project, Sarulla Project, Banten IPP Project, Cirebon Project and Cirebon Expansion Project, Central Java Power Project, Kalsel Project, the Wampu and Semangka Hydro Power Projects, and the Muara Laboh Geothermal Project.

 

In the industrial-projects arena, he is counsel to Inalum (an Indonesian state-owned alumina producer that was appointed the holding company for all state-owned mining enterprises in 2017), which together with Antam (another Indonesian state-owned mining company) and PT Borneo Alumina Indonesia (project company owned by Inalum and Antam), is developing a smelter-grade alumina refinery in Mempawah (West Kalimantan Province) as a joint venture between Inalum, Antam and the world’s second largest alumina producer, Aluminum Corporation of China Ltd. (Chalco). Phase 1 of the project involves an investment of approx. USD 1 billion, with a further USD 2 billion expected to be invested during the second phase over the next 5 years.

 

In real estate, he recently completed work on the assignment of land assets from the Asahan Authority (a state industrial development authority) to Inalum – this was a monumental project involving the transfer of titles over some 1,200 hectares of land following the government’s decision to dissolve the Asahan Authority. 

 

In restructuring & insolvency, Herry has worked on a long list of major bankruptcy and debt restructuring matters down the years, including representing major vessel-lessor creditors in the suspension of payments proceedings of PT Berlian Laju Tanker Tbk; representing various individual and corporate creditors in the bankruptcy proceedings of PT Polysindo Eka Perkasa Tbk; assisting various Indonesian banks creditors in the bankruptcy process of N.V. De Indonesische Overzeese Bank / Indover Bank in the Netherlands; advising a creditor on the implementation of the ratified composition plan arising from the suspension of payments proceedings of PT Toba Pulp Lestari Tbk; representing a major bank creditor in the second suspension of payments proceedings of PT Davomas Abadi, Tbk; advising a major lender in the closure and termination of the bankruptcy proceedings of PT Dharmala Agrifood; representing a corporate creditor in the PT Metro Batavia insolvency; representing creditors in the suspension of payments of coal mining company PT Asmin Koalindo Tuhup; and acting for the creditors in the suspension of payments of oil and gas company PT Apexindo Pratama Duta Tbk.

 

Herry is recommended for Projects & Energy and Real Estate by Legal 500 Asia Pacific, is recognized as a “Highly Regarded” practitioner for Project Finance by IFLR 1000, and is listed as a “Distinguished Practitioner” for Banking and Finance, Restructuring and Insolvency and Energy by Asialaw.

 

 

PROFESSIONAL MEMBERSHIP:
PERADI (Indonesian Advocates Association)
AKHI (Association of Indonesian Legal Consultants)

 

CITIZENSHIP:
Indonesian

 

LANGUAGES:
Indonesian
English

EMAIL:
hkurniawan@abnrlaw.com