ICCA, ICC shed light on arbitration for Indonesian companies

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Yudhistira Setiawan

Concerns that Indonesian businesses face in domestic and international arbitration was the focus of a seminar hosted by the Indonesian Corporate Counsel Association (ICCA) and the International Chamber of Commerce (ICC) International Court of Arbitration.

The seminar, entitled “ICC and ICCA Session on Dispute Resolution for Indonesian Companies”, was held on 27 June at Alila SCBD Jakarta Hotel. The event also discussed how in-house counsel could manage these issues with legal representatives.

Yudhistira Setiawan, the president of the ICCA, opened the event with welcome remarks and was followed by a speech from Irene Mira, deputy director of South Asia, arbitration and ADR of the ICC in Singapore.

The line-up of speakers included Ignatius Andy, partner at Ignatius Andy Law Offices in Jakarta; Tejus Chauhan, director of South Asia, arbitration and ADR of the ICC in Singapore; Alexander Fessas, secretary-general of the ICC International Court of Arbitration in Paris; Andi Kadir, partner at Hadiputranto Hadinoto & Partners in Jakarta; and Kabir Singh, partner at Clifford Chance in Singapore.

Participants were introduced to practical issues when it came to the arbitration clause and proceedings before the Indonesian courts in relation to enforcement and setting aside arbitral awards. The speakers also delved into what makes institutionalised arbitration highly effective for Indonesian businesses in managing time and costs when resolving disputes.