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O’Melveny Lawyers Referenced in Library of Congress Update on Natural Resources Regulation in IndonesiaMarch 09, 2012
A March 9, 2012, report by the Library of Congress provides an analysis of Indonesia’s Ministry of Energy and Mining Resources (ESDM) recent passage of a regulation that will ban the export of some raw materials. The report quotes from a February 20, 2012, client alert titled “Indonesian Mining Industry Reacts to New Decree on Mineral Processing and Refining” by O’Melveny & Myers partner Joel Hogarth and counsel Ratih (Ipop) Nawangsari. The lawyers commented on how “although the 2014 ban was established under the Mineral and Coal Mining Law (Law 4/2009), the May 2012 deadline for arranging new export deals came as a surprise to some in the business world who expected to be able to set up export deals until 2014.”
Joel Hogarth is the coordinator of the Firm's Indonesia practice and acts as consultant to O'Melveny's associate firm in Jakarta, Tumbuan & Partners, as well as maintaining an office in Singapore. Hogarth focuses primarily on Mergers, Acquisitions, Private Equity and Corporate Finance and also provides practice support for our other practice areas on cross-border transactions involving Indonesia. Ratih Nawangsari (or Ipop) is a counsel in O'Melveny's Singapore office and a member of the Firm's Transactions Department. She also acts as consultant to O'Melveny's associated firm in Jakarta, Tumbuan & Partners.