CIArb (EAB) YMG 5th Annual Conference 2024: Discussions on Arbitral Award Enforcement in Indonesia

Jakarta, Indonesia – On Friday, September 6th, 2024, the Chartered Institute of Arbitrators (East Asia Branch) Young Members Group (CIArb EAB YMG) held its 5th Annual Conference in Jakarta, organized by the Indonesia Chapter. The conference opened with remarks from John Lumbantobing, FCIArb, setting the tone for a day of insightful discussions on arbitration in Indonesia.

The event also featured a message from Felda Yeung, Chairlady of CIArb EAB YMG, who highlighted the importance of continuing collaboration between arbitration professionals in East Asia, ensuring the development and harmonization of arbitration practices across the region.

One of the key sessions focused on the latest developments and future outlook of arbitral award enforcement in Indonesia, following the introduction of Supreme Court Regulation No. 3 of 2023 (Perma 3/2023).

During the panel on the latest developments and future outlook of arbitral award enforcement in Indonesia, Sri Purnama, a legal researcher from the Legal Lab at Anggraeni & Partners, shared insights from a recent study authored by Setyawati Fitrianggraeni, Eva Fatimah Fauziah, and Sri Purnama. The study, titled “Dealing with Unsatisfactory Arbitral Awards: Observing the Grounds of Annulment of Arbitral Awards in Indonesia,” was published in the Journal of International Arbitration (Volume 40, Issue 6, 2023). It explores the complexities of arbitral award annulments in Indonesia, offering valuable insights into the grounds for annulment and their implications for the enforcement of arbitral awards in the country.

Stay tuned for more updates and photos from the event.

#CIArb #CIArbIndonesia #CIArbYMG #Arbitration #IndonesiaLaw #Perma32023 #LegalUpdates #DisputeResolution #AnggraeniAndPartners

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Sri Purnama

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