
Press Release
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22 Feb 2024
Successful Resolution: PSHP Law Successfully Assisted a Multinational Company to Reach Amicable Settlement in a Shareholder Dispute, Fostering Unity and Stability
We are pleased to share the recent success of our Litigation & Alternative Dispute Resolution team in representing a multi-national steel manufacturer in a shareholder dispute involving its Indonesian Joint Venture Company (“JV Company”).
Led by Ellrico P. Situmorang with the full support of our Associates, Panji Satria Utama and Giantama Gariantka, the PSHP Law team managed to assist the client in defending its rights. Despite heavy pushback from the counterpart, PSHP Law successfully guided the parties to reach an amicable settlement and to encourage all high-profile shareholders of the JV Company to act in accordance with the previously-agreed Joint Venture Agreement.
This success shows the firm’s dedication to delivering strategic and tailored solutions in resolving various types of litigation and/or commercial dispute matters.
Congratulations to the team and the client!


