30 ASIAN LEGAL BUSINESS – JANUARY-FEBRUARY 2024 WWW.LEGALBUSINESSONLINE.COM Singapore, and China for an Indonesian multimillionaire family. In 2022, he further showcased his expertise by facilitating family mediation and a successful resolution surrounding the bankruptcy of one of Indonesia’s largest family-owned pulp and paper companies, involving $128 million in assets. In 2023, he also achieved a key victory by protecting the rights of an Indonesian multimillionaire family to manage $15 million in inheritance assets belonging to an Indonesian tycoon, navigating a private wealth dispute within the Indonesian court system. January’s strategy is characterised by clarity, diligence, and reliability. “His advice is always very clear and direct. Alldo is consistently able to provide a simple and straightforward explanation of what seemed to be complex legal concepts,” says Julia Wahyadhiatmika, Director of PT Golden Agin Nusa, one of the largest family-owned agricultural equipment manufacturers in Indonesia. “He inspires dedicated team members who work around the clock to provide timely advice and execution,” notes Tamara Gondo, director of Liberty Society, a prominent social enterprise. She also highly values Januardy’s commitment to diversity and inclusion. Ichsan Montang 34, partner, IM & Partners Ichsan Montang established IM & Partners last year as the Indonesian association of Japanese major law firm Nagashima Ohno & Tsunematsu and has assisted mainly Japanese companies investing and operating in Indonesia. The Southeast Asian country has been one of the hottest places as the investment destination from the world’s thirdlargest economy. At the same time, Montang has been working for NO&T in Singapore since 2017 and retaining close ties with the Japanese firm to work smoothly and effectually by continuing the collaboration after the establishment of IM & Partners to provide legal services to clients in Indonesia. Prior to working in the city-state as a foreign lawyer, he was at Assegaf Hamzah & Partners, the biggest law firms in Indonesia, for six years, thus well-equipped to provide legal support to international companies that have legal matters relating to Southeast Asia’s most populous nation. Montang advises on general corporate, M&A, technology, media and telecommunication, data protection, real estate and employment. His notable cases include Japanese logistics company KRS’s acquisition of Kiat Ananda Group; the merger between financing companies PT Arthaasia Finance and PT Hitachi Capital Finance Indonesia; and PT Aeon Mall Indonesia’s sale and purchase of Aeon Mall building in Sentul City area. As managing partner of the firm, Montang is also in charge of business development activities of the firm with outlook of increasing foreign direct investments from Japan that need the Indonesian regulatory authorities and builds working relationships with relevant government agencies. Nico Mooduto 35, partner, SSEK Law Firm Nico Mooduto is an investment lawyer who advises clients mainly in the construction, real estate, and projects and infrastructure spaces. His practice also includes conflict resolution, disputes and investigations, and restructuring and insolvency. Indonesia’s GDP growth is projected by the World Bank to remain steady at an average of 4.9 percent over 20242026 from 5 percent in 2023. This means business opportunities are likely to keep pace for Indonesian commercial lawyers. Mooduto has already made a name for himself with his support for various local companies as well as multi-nationals investing in and divesting from Indonesia. His recent experience includes sizeable investments and divestments in data centre, mining, and infrastructure projects. His notable cases include acting for creditors in one of the largest and most complex insolvency proceedINDONESIA RISING STARS 2024 LAW FIRM Maher Sasongko 35, ABNR Counsellors at Law Alfa Dewi Setiawati 34, ATD Law (in association with Mori Hamada & Matsumoto) Chandra Setyabrata 31, Oentoeng Suria & Partners (in association with Ashurst (Ashurst OSP) Ivand Sinatra 38, Aprilda Fiona Hendronoto Soesabdo Law Firm (AFHS LawFirm) Muhammad Iqsan Sirie 37, Assegaf Hamzah & Partners Andrew Sutedja 36, Sutedja & Associates Indra K. Wardani 34, WNP ASIA Law Firm R. Yudha Triarianto Wasono 33, SIP Law Firm Arsa Mufti Yogyandi 32, Hendra Soenardi Avindra Yuliansyah 35, Soemadipradja & Taher IN-HOUSE Ahmad Fikri 38, PT Bank BNP Paribas Indonesia Antonius Alexander Tigor 37, Telkomsel METHODOLOGY Individuals needed to be under the age of 40 and based permanently in Indonesia. The list was chosen based on the following criteria: — Important deals or cases — Key clients — Significant accolades received in the form of public recognition, awards, etc.