George Cyriac
Partner T: +65 6622 9692 Email George | Vcard


Stephenson Harwood advises a range of clients including individuals, corporations and financial institutions on transactions and disputes relating to a wide variety of activities in Indonesia, including energy and resources, consumer goods, financial services, insurance, shipping and offshore, aviation, mining technology and digital media, healthcare and pharmaceutical sectors.
  • Profile
  • Experience

Working with our associated leading Indonesian law firm Christian Teo & Partners (CTP), we can offer enhanced technical expertise on Indonesian legal matters. 

We have undertaken a significant transactional amount of work with international and domestic Indonesian clients. We also regularly advise international investors on resolving disputes with Indonesian counterparts.

Our clients are household names in Indonesia. They include Indonesia’s largest privately-run airline and its leasing arm; Indonesia's largest retailer of mobile phones; the owners of Indonesia's largest news and entertainment portals; one of Indonesia's most popular brands of tea, Indonesia's largest online wedding directory and some of the largest digital and social media marketing agencies in Indonesia.

We also act for major investors and lenders to Indonesia, including in shipping, offshore and aviation. 

"Stephenson Harwood provides a ‘highly professional and proactive service’, and has ‘strong technical expertise’."
The Asia Pacific Legal 500 2013

Lion Air 

Advised Lion Air on commercial debt financings and operating leases of Boeing and ATR aircraft.


Advised Bridestory, Indonesia's leading online wedding vendor directory, on its fundraising and joint venture in Singapore with Mediacorp.

PT Patrindo Persadamaju

Advised PT Patrindo Persadamaju on the investment by Kailai Investments, a China-based private equity firm focused on natural resources, renewable energy and cleantech, and consumer products and services sectors.

Sugiono Wiyono Sugialam

Advised Sugiono Wiyono Sugialam on the sale of 13.5% of IDX listed PT Trikomsel Oke Tbk, the telecoms distributor, to Standard Chartered Private Equity Limited, and on the related shareholders' agreement and debt facility arrangements.

Swiss coal trader

Advised a Swiss coal trader on enforcement of debt owed under long term contract of affreightment in Indonesia.

Swiss commodity trading house

Acted for a Swiss commodity trading house in relation to an Indonesian gold financing with an underlying physical off-take agreement and a cash-settled commodity derivative. 

Multinational shipyard

Assisting a multinational shipyard on its S$300 million contract with an oil major to build, deliver and commission an FPSO for work off Indonesia.

A syndicate of international banks

Advised a syndicate of international banks on the successive restructurings of multiple loan obligations backed by a substantial listed Indonesian shipping company, including arrangements involving considerations of (amongst other things) choice of law and enforceability issues, corporate benefit and Indonesian PKPU proceedings.

BW Offshore

Acting in the financing of an Indonesia flagged FPU known as 'BW Joko Tole' by various banks, including ING Bank NV, ABN AMRO Bank NV and PT Bank Sumitomo Mitsui Indonesia.

Indonesian offshore operator

Acting for a listed Indonesian offshore operator in the restructure of its debt secured on offshore assets.

Latest news & insights

02 Apr 2018

From News

New beneficial ownership rules in Indonesia

Indonesia has recently issued a new Presidential Regulation No.13 of 2018 (issued on March 5, 2018) ("PR 13").


© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.