Karna Partnership

General Corporate and Commercials

Running a company appropriately means that the management shall make sure that its corporate legal documentations are handled properly, whether in any business activities or corporate actions. A company must be equipped with proper licenses to conduct its business. In addition to having good corporate governance, this would enable the company to prepare itself when dealing with potential financiers (e.g. banks or other financial institutions) or investors, who will pay much attention to the company’s corporate documents to, among others, assess their risk of being involved with the intended company.

In an effort to ensure the corporate documents are in place, especially during and following a corporate action, we offer our assistance to help our clients with general corporate matters, including, among others, conducting a general meeting of shareholders or preparing a circular resolution of shareholders for the increase of capital, change of shareholders, or appointment of management members (Directors or Commissioners) in a company.

Moreover, with our legal experience and knowledge, as well as thorough assessment to the business, we are ready to help our clients by preparing proper legal arrangement with their business counterparts and securing our clients’ interest.

Company Restructuring

Development in the business sometimes requires companies to adapt their structure to be compatible with the plan. Commonly, companies intend to expand by adding new line of business which completely unrelated to their initial business. Other instance, new investor coming in and requesting the companies to have a consolidated structure or even to dispose some of their business. In order to have proper governance, a change to the current structure is required to be conducted.

We advise this type of clients with company restructuring plan and proper execution measure to make sure the plan is well implemented.

Venture Capital and Private Equity Deals

We are experienced in representing Venture Capital (VC) and Private Equity (PE) from arranging structure (onshore and offshore) to assisting the deal, both acquiring or selling portfolios.

As we understand that the regulatory framework of VC/PEs in Indonesia is still semi unregulated (the regulation is there, but not well practicable), we intend to deliver practical and creative solutions to our VC/PE clients. In best possible way, we also try to help our client to be aware of any potential legal risks should there is any major change in the industry.

Capital Markets

Capital Markets have become an alternative of fund-raising, besides financing from financial institutions, and a platform to purchase, sell or divest one’s assets.

Since the Indonesian authorities encourage the increase
of activities in capital markets, for instance, to have more companies listed in the Indonesian Stock Exchange (IDX) and Indonesian citizens to invest in capital markets, the industry offers vast opportunities to business stakeholders.

Our role is to support clients in, among others, Equity offerings (IPOs and Rights Issue), Debt Offerings, Securitization, Sale and Purchase of shares in a public company, Tender Offer, and providing legal and regulatory compliance such as corporate secretarial works.

Digital Economy and Emerging Growth Businesses

We acknowledge the vast development of digital economy and emerging growth businesses. The use of technology has become fundamental in people’s life given the disruption aspect it may offer.

We assist companies engaging in digital economy and emerging growth businesses to be in the right legal track. We help clients finding solution to balance their agile developments and compliance to applicable laws. Legal should not prevent the companies to grow, in other side high speed growth companies should not put legal aspect behind.

Our type of clients in this industry include any tech companies (B2B, B2C, B2B2C, O2O, etc.), financial technology (P2P Lending, money remittance, payment gateway, credit-scoring, etc.), and even also e-sport companies.

Commercial Dispute Resolution

Our dispute resolution team focuses on achieving our clients’ commercial objectives within the boundaries of the law. We provide legal, commercial and strategic advice on wide range of business disputes. We help our clients in both civil and criminal dispute as well as other litigation matters before Indonesian courts, including contractual and shareholders’ disputes, general commercial litigation, and commercial arbitration.

In order to help settling business disputes as quickly and costeffectively as possible, our value proposition is to offer practical, commercially-focused, solutions.

Content and Entertainment

Content and entertainment business has been a big industry with involvement of huge dollars amount since its first inception, currently even more with the introduction of some new business models. Now the business players are facing the socalled content war, resulting from the establishment of various movies, videos and music distribution channels in any forms. Perfect competition translates to proper legal requirement and compliance.

We have plenty experiences assissting content and entertainment companies from preparing legal paperworks for movie production, consisting of agreement with investors, vendors, talents, distribution platform, etc., assisting the establishment of an OTT platform and also their compliance to the applicable laws and regulations.

M&A

In M&A transactions, we are not limited to certain industries. Our experienced lawyers would be able to assist our clients with end-to-end legal assistances throughout the deal, from the preparation of term sheet, conducting extensive due-diligence process, and preparation of transaction documents (conditional sale and purchase agreements, sale and purchase agreements, etc.). Including in that process, assisting the clients through negotiation phase until the fulfillment of post-closing conditions with high attention to legal compliance aspects, as different companies and industries varied in legal requirements and compliance.