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


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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