Budidjaja International Lawyers Represented and Advised PT Gunung Raja Paksi Tbk, on Offshore Creditor In PKPU Process

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Budidjaja International Lawyers Restructuring and Insolvency team led by Partner Narada Kumara supported by Associate Boni Facius Justin successfully represented and advised offshore creditor and obtained 100% recovery of debt payment in a court-supervised debt restructuring (PKPU) process of PT Gunung Raja Paksi Tbk, the largest steel manufacturing company in Indonesia, with approximate debt exposure of IDR 2 trillion.

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