Honesty and Good Corporate Governance to be Kept by Business Lawyer

• as a Business Lawyer you have to maintain a certain honesty, good conduct and attitude, since trust and integrity is significant attitude that have to be established and maintained by every Business Lawyers. Sometimes you feel you do not know what to do with your business legal knowledge which you have experienced many years of your life. It is really an asset and you are trying to find out a way how you can survive and be a good part in the business society especially relating to your expertise and flying hours. 

In the business world everybody is trying to get a piece of the cake of the projects which are being pursued, developed, created,  occurring and happening all the time in this world. From the Macro perspective, many countries are fighting for their part of contribution in shaping this new era that we are experiencing. G8 is replaced by G20 where new faces are being included in making and shaping the world future stability in the economics trend.  The Global economic crisis had forced many countries to consolidate their financial capability and performances.

• In the news media we noticed that in a potentially momentous move, G20 had resolved to become a permanent body responsible for economic co-operation, where meeting  will be held annually at the level of leaders, rather than just finance minister. You may see the following  Pitsburg Summit The move demonstrates a recognition that the more limited G8 was hopeless, since it excluded the emerging economies of China, India, South Africa, Mexico and Brazil. We noted that Obama wanted to shift emphasis to G 20. In the Pittsburg Summit a final communique decided that they had designated G20 to be the main forum for their international economic co-operation. Among the other agreed steps,  were a move to give developing countries a greater share in the votes at the international finance institutions such as the IMF and the World Bank.Under this new regime, it was said that the IMF will regularly analyse whether the economic policies of G20 countries are consistent with "sustainable and balanced trajectories for the global economy .

Based on the above, we can observed that many groupings are being established   by the world leaders in order to survive and compete among the nations. We maybe witnessing the new era where due to the greediness of some of the players in the business world, many huge companies especially in the financial sectors are collapsing, and going bankrupt, due to the dishonesty of the players in exposing the false data and profile of their financial real conditions or bubble economy.

• From to the news media, we can see that there are certain people stealing monies from unsuspecting investors.So honesty and integrity plays an important role in this rough business world. There is a great change in the  mapping of the big players in the political, economical, culture and legal reformation. As shown above China India South Africa, Mexico and Brazil. are considered  being the new emerging economic countries, where they may  have a big role in the changing and founding  new ways to  establish  a NEW balance of  power influence among the nations in this world. 

In responding to the above developments,  legal reformation upon the legal rulings made by the Executives and the Parliament /House of the People Representatives of each country will play an important role in shaping the policy and direction of each respective country. The Free Trade and Free Economy Era , where Governments intervention was avoided,  which was once being the Master or the "Sacred Icon", are  being modified, which is shown by USA,  as the Father of the Free Market, where  the Government is bailing out many USA  Big Companies who are facing bankruptcy,  such as General Motors and Chrysler. This stimulus measures are made to save the US country from getting worse in this finance turbulance.  

• The Prime Mortgage issue which relates to Property has an affect to other business fields and had spread  out to other parts of the world. Indonesia and the other Asian Countries had already experienced this Baill - out  Program by the Government during the Economic Crissis Year 1998.With respect to the above Business Lawyers, in the pragmatical micro scale, have to be smart,  in viewing the above developments, in the sense that "Honesty" and "Good Corporate Governance" must play an important role in giving Legal Advices, Legal Opinions which frequently is structured and designed, based upon the the Legal Due Diligence upon the data/information  given by the Investors which shall be used by the Counter Part  either it is a prospective investors or financier to maintain honesty and good corporate governance to protect all the associated business stakeholders.

Well, the above is my observation as a Business Lawyer, who is trying to tap on the latest progress and trend emerging in this world related to Business Trend.

• Jakarta, 18 October 2009
• Agung Supomo Suleiman   

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Law Does Not Work On Empty Space

• As a Business Lawyer you have to know that law does not rule something which is vacant.
• So the object that you are intending to view from the legal aspects  are NOT related to Empty Space
  
• Accordingly, since you are a Business Lawyer,  you have to be aware of  the business object which your Clients wants you to protect from the legal aspects.
• You have to make sure that Businessmen in conducting their business, wants  to ensure that their investment or monies thrown in their business   are well legally protected and desires  to get profit out of their business ventures.
• For instances Businessmen or the Investors want to make sure that their monies either from Loans or Prospective Investors, which are invested or capitalized  in their Hotels Business which includes Fittings, Buildings, Lands,  all Fixed items and the moving assets, which will be part of the Hotel Accessories including the Manpower (from Management and all the supporting staffs) are secured starting from the Memorandum of Understandings, Legal Documentations of the Land and Buildings, Licenses needed, Loan Agreements, Cooperation Agreements, Management  Agreements, and all other documents and agreements, that are needed to be concluded including the Legal Due Diligence or Legal Opinion that are needed to be made depending on the negotiation and understanding between the Investors, Financiers, and all other  stakeholders relating to such Hotel Business Activities are really done and handled by Professional Qualified Business Lawyer.
• So as you may notice there are wide range of knowledge that as Business Lawyer has to dig from your Clients to enable you to provide professional legal  services to your prospective Clients and for sure Law Does Not Work In Empty Space so the Object of the Business should be clear.
• Cheers
• Jakarta, 15th October 2009
• Agung Supomo Suleiman
• Partner Law Firm Suleiman Agung & Co     
  

Exiting Experience as a Business Lawyer

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As a business Lawyer you have to really think hard how to market and expose your self. For me since I like writing, I tend to expose my self by writing in my Blog which is called AGUNGSS Business Lawyer Note. In this Blog I can write the Business Law Experience which I had experienced during this 30 Years since I practiced Law at the Law Firm of Adnan Buyung Nasution & Associates back to the year 1979. Wauw I was still young during that time of period. But it is really exiting working as a Business Lawyer where I had helped my Senior Lawyers during those period by starting making researches upon the Law data and policy obtained from the Technical Department concern, as well as starting to draft agreements and letters from the legal aspects.
I remember handling matters relating to  banking, financing, labor matters, insurance, financing shipping business, trademarks, patents and drafting  agreements to be reviewed by my Senior Lawyers. I even do some searches in Sampit Pangkalan Bun representing an Insurance Client relating to the insured Tug Boats,  its Barges and Heavy Equipments such as Tractors being loaded and shipped for a saw mill deep inside Kalimatan, where the Barges were stranded at Pangkalan Bun, Sampit. There was no modern phone devices during those days, so it was rather hard to make contacts and communications with our Law Office at Jakarta. We were chartered a small Plane,  which flies very low and near the surface of the River at Kalimantan and was piloted by an Ex-American Pilot who experienced in Vietnam. Yes, it was really exiting experience which was occurring at the end Year of 1979. Well, the above was one of my experiences as a Business lawyer handling insurance cases  related to a stranded Barge at Pangkalan Bun Sampit, Kalimantan, Indonesia.
Cheers,
Jakarta, 14 th October 2009
Agung Supomo Suleiman  

Snap Shot Business lawyer

As a Business Lawyer you have also experienced yourself  running your own boutique Law Firm Shop, where there is the ups and downs of your cash flow
It is really not easy to run your own boutique shop
When you are an in-house Lawyer in a Company, the endusers as well as the management will come to your place to ask for your legal assistance;
Whereas, if you are opening your own shop, you have to market yourself to your Clients. You have to tell to them who you are and what can you do in terms of Legal Services.
So there must be a "mental switch" for you as the Partner of the Boutique Law Firm.
There is no free lunch in this world. You have to be expert in some legal aspects relating to the business environment. You have to go around and meet people outside your office.
As long as you like your new venture being an Independent Lawyer running your own Shop there will be an opportunity for your to get some work from your networks and links.
So, go out and meet people, and try to make new friends within your business legal expertise
Cheers
Jakarta 9 October 2009
Agung Supomo Suleiman

Honest Integrity

• As a Lawyer including Business lawyer you are required to keep and always maintain your honest integrity.
• In this Holy Fasting Month, as a Muslim (one who surrenders to God's will) , we are being required by the Creator to conduct fasting for 30 days.
• As a professional lawyer, we have to do with our best to be honest to ourselves by trying to clean our hearts and our mind.
• In order to clean your surroundings, you are supposed to firstly clean your intention and your mind set.
• As a human being we are frequently sidetracked by our physical wants and greediness in this real world
• Human being consists of physical element (our body) and non - physical element ( mind -soul).
• Our physical body during this Fasting months is being trained to managed itself by waking up in the early dawn before the Subuh Prayer, to “take food” and is obligated to fast –stop eating – taking food - during the day time - and is allowed to “break Fasting” during the Sunset – Magrib.
• As Muslims – the Servants Of Our Creator - we are being trained to feed our Soul by – not doing things which could –jeopardize – our fast- by not talking bad -evil things- looking at bad -evil things – thinking of bad thinks – praising and always thinking of GOD – and do the goodly things and actions – which are loved by GOD- to increase our awareness of "our real mission" - being created in this world by the ALL MIGHTY.
• This is a method to clean and purify our mind and soul – as being taught by our Creator.
• Well, as a Lawyer, we really have to be thankful, to our Creator, because we are given the chance every - 11 months cycle - to contemplate – and re-evaluate ourselves – to remind and trained our selves to be focus and return back to our mission – to be honest to our selves before we can advise others – to do the right things – in accordance with the laws and rules - which has to be in line with God's will and God's wants as described in the Holy Books sent down by the Creator to us through God's messengers/Prophets .
• This does not merely apply to lawyers - but also to other professions – to focus on its real mission – in making this world a better place for living – in accordance with the life rhythm and cycles – as being designed by the Creator
• As human being we have to recognize – and identify - who we are, develop our awareness – and know the real reason and mission – why we live and die – because – based on Surat 21 – Al Anbiyaa ( The Prophets ) Paragraph 35 – of the Holy Book Al Quran - GOD says : “Every Soul shall taste death. We (God) shall test you with (Note : my interpretation : evils/ negative/downs/happy things ) and ( Note: my interpretation :good deeds /positive/ ups/sad things) as trial. And to Us (GOD) shall you be returned to.
• Salam,
• Jakarta, 31 August 2009
• Agung Supomo Suleiman

Drafting Finance and Corporate Documents

• We have to thank to the ALL MIGHTY, last week, as a Business Lawyer, we were really busy in assisting the Law Firm of Suleiman Agung & Co' s Clients.
• It was really interesting, because with our wide experiences in drafting finance agreements including corporate documents related to their business matters, we really enjoyed the challenges of drafting such business transactions to support and benefit your Client’s desires in exploring all the legal protection for their investments and funds for maintaining the continuity of their business goals and objectives.
• The level of comfort and confidence that you can establish to your Client is really important in maintaining your relation with your Client.
• One of the significant element besides such work is the “miracle” that you feel can happen in your life, if you really try with your best efforts to keep on maintaining your closeness contacts and channels of communication with the ALL Mighty, who at the first place, had created this Universe, including any and all the elements contain in this world, which shall enable the human to be able to increase their quality of life.
• For instance the element of steel and iron (fe) had been planted as one of the significant element in this earth, which really helps the people living in this world to increase their quality of life, if they want to use their brain and skill.
• In the structural construction of high rise buildings, you will need the iron bar to establish the concrete and structure of such high rise buildings.
• This raw materials of steel and iron is not created by mankind, but is already there incorporated and planted in the earth that we live in, as part of the materials found in this world.
• As a believer in GOD, as the creator of this Universe including the world that you live in, we have to be creative in taking and processing such iron and steel to create for instance iron bars, flat bars and angle bars for the constructing of high rise buildings.
• Other materials such as copper are also important part of the elements contained in this world, which can be utilized by mankind to make joints of electricity components and other important tools which are needed to support our day to day modern life.
• We really have to thank GOD the ALL MIGHTY who provided us brain and mind so that we can optimize our skills in developing such elements of iron, metal, copper for the benefit and good welfare of mankind.
• We as Business Lawyers must equipped ourselves, with the legal business knowledge and skills to enable us in drafting the required business legal documents such as the Financing documents, Credit Revolving Agreement, Shareholders Loan Agreements and the corporate documents such as the Extraordinary General Shareholders Meeting, the Share holder Agreement, the Joint Venture Agreement, to support our Client’s Business need in communicating and incorporating their wishes and desires in producing the components of metal, copper and iron, nickel for the benefit of mankind, to make this world a better place for living;
• The above has to be in line with the desires of the Great Creator of this Universe to maintain good welfare and increase the benefit of all human beings living in this same 1(one) world.
• By thanking to GOD for the gracefulness and Kindness to us in equipping us with the Brain and minds in the mining, exploiting the raw elements of steel, iron, metal, nickle to develop and produce them to become iron bars, electricity component, and the skills for the Business Lawyer to draft and prepare all the necessary business documents including the Mining Contracts, Financing Contracts and the necessary Corporate documents, we shall hope that we may be useful to increase the quality life of mankind and make this world a better place to live in.
• Jakarta, June 29, 2009
• Agung Supomo Suleiman
• Partner of LAW FIRM Suleiman Agung & Co

11th Anniversary Years Suleiman Agung & Co

• Thanks to ALLAH THE ALLMIGHTY, it is today the 11th Anniversary Years of THE LAW FIRM now called Suleiman Agung & Co since 1st June 1998.
• This Law Firm has been 11 Years assisting Clients in the Oil Gas Sectors, Coal Mining Sectors, Coal Traders and Financier, Hotels, High Rise Buildings, Hospitals
• We assists Clients in preparing the Memorandum of Agreements (MOU), Cooperation Agreements, Joint Operation Agreements who are desiring to seek investors, acquiring assets of Hotels, joint operations in the oil and gas Sectors, Financing the Coal Mining Companies who needs finance assistance for their Coal Plants, jetties, and their operations sites.
• We assists Clients in preparing their financing agreements and its collateral documents and fiduciary deeds and registering such Fiduciary Deeds in the Indonesian Fiduciary Office.
• Our Firm conducts legal due diligence of the legal documentations and legal transactions and other legal aspects, and licences and prepared the Legal Report for assisting our Clients to give show the proper legal documentation which are required to be shown to the investors or the financier of the certain joint Project /investment to be pursued.
• Our Law Firm knows the significant legal aspects surrounding our Clients business transactions who desires to be success in their business ventures
• Thanks to GOD the ALL MIGHTY for GOD's Gracefulness for allowing this Law Firm SULEIMAN AGUNG & Co, to celebrate its 11Th anniversary Years on the 1st June 2009.
• May God Bless You all.
• Jakarta, 1 st June 2009 revised June 17, 2009
• 11th Anniversary Years Suleiman Agung & Co
• agung supomo suleiman