Introduction The law on bankruptcy and postponement of debt payment obligation of 2004 (Bankruptcy Law) is based on non-insolvency test, meaning the test is not to check whether the debtor is solvent or not solvent, but whether the debt is already due and payable, and...
Introduction Financial institutions have a strategic role to increase economic growth in a country. The economic health of a country can be seen from the health level of its financial institutions such as banks. As explained in the Elucidation to Law Number 7 of 1992...
In the execution of the construction project, the Contractor often deals with situation where it suffers delay and/or incurs extra cost due to circumstances attributable to the Employer. For this matter, FIDICInternational Federation of Consulting...