Bali Bankruptcy · Legal Advisory

Blog & Updates

Blog & Updates

News, analysis, and case updates on Bali developer bankruptcy proceedings

53 publications found

News2026-02

Bankruptcy Proceedings Against Domogatsky

Izvestia EN

Russian court launches bankruptcy proceedings against blogger Sergey Domogatsky following complaints from dozens of investors in Bali property schemes.

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News2026-02

Criminal Case Opened on Bali Villa Theft

Izvestia EN

Moscow prosecutors open criminal case regarding theft during construction of a villa project in Bali, marking escalation in cross-border fraud investigation.

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Analysis2026

Bali Real Estate Scams: Cultural Forces

Bukit Vista

In-depth analysis of the cultural, regulatory, and market forces that enable real estate scams to thrive in Bali's property market.

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News2025-12

Domogatsky's Criminal Past

Izvestia EN

Investigation reveals new details about the criminal history of Bali property promoter Domogatsky, raising further concerns among defrauded investors.

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News2025-11

Larisa Guzeeva and Bali Real Estate Scam

Izvestia EN

Russian TV presenter Larisa Guzeeva among victims of a Bali real estate scam, highlighting the scale of property fraud targeting foreign investors.

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News2025-10

Mr. Terimakasih Reported by 10 Foreign Investors

Bali Times

Ten foreign investors file formal complaints against social media influencer known as Mr. Terimakasih over alleged property investment fraud in Bali.

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News2025-08

100 Investment Projects in Bali Set for Demolition

Jakarta Post

Indonesian authorities plan to demolish over 100 investment projects in Bali built in violation of spatial planning and construction permit regulations.

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News2025-07

Bingin Demolition: Landmark in Land Regulation

Suasa Real Estate

The Bingin Beach demolitions represent a landmark shift in Bali's approach to land regulation and enforcement against illegal construction.

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Analysis2025-07

Bali Property Market: Has July 2025 Triggered a Crash?

Bukit Vista

Analysis of whether the July 2025 regulatory crackdowns and demolitions have triggered a broader crash in the Bali property market.

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News2025-06

Channel One Presenter Accused of Bali Scam

EADaily

Russian investors accuse a Channel One TV presenter of involvement in a fraudulent villa investment scheme in Bali affecting multiple victims.

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News2025-06

PARQ Ubud Acquisition New Chapter

Bali Expat

New investor acquires the controversial PARQ Ubud site, marking a potential new chapter for the development previously shut down as a 'Russian Village'.

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News2025-01

Gianyar Shuts Down Russian Village PARQ Ubud

Jakarta Globe

Gianyar regency authorities shut down PARQ Ubud, dubbed a 'Russian Village', for violations of spatial planning and construction regulations.

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News2025-01

PARQ Ubud Ordered to Demolish

Bali Discovery

PARQ Ubud development ordered to demolish illegal structures built on protected agricultural land without proper permits from Bali authorities.

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News2025-01

German National Arrested in Russian Village Shutdown

Jakarta Post

A German national is arrested in connection with the shutdown of the 'Russian Village' PARQ Ubud development in Bali for permit violations.

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News2025-01

Bali's Russian Village Spotlights Farmland Struggle

SCMP

The closure of Bali's 'Russian Village' highlights Indonesia's broader struggle to protect agricultural land from illegal foreign-backed development.

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Academic2025

Indonesian Bankruptcy Law: A Call for Reform...

Jurnal Konseling dan Pendidikan

Critical examination of current bankruptcy legislation with arguments for comprehensive reform to align with international standards and protect stakeholder interests.

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Academic2025

Reevaluating Actio Pauliana

ResearchGate

Critical reevaluation of Actio Pauliana in Indonesian bankruptcy proceedings, examining its effectiveness as a tool to prevent fraudulent asset transfers.

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Legal2025

Dealing with Financial Distress: Guide for Foreign Creditors

SSEK / Mondaq

Practical guidance for foreign creditors dealing with financially distressed debtors in Indonesia, covering legal options and procedural requirements.

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Legal2025

Restructuring & Insolvency Report 2025-2026 Indonesia

ICLG

ICLG country report covering Indonesia's restructuring and insolvency laws, regulations, and recent developments for 2025-2026.

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Legal2025

Insolvency 2025 Trends and Developments

Chambers Practice Guides

Chambers practice guide highlighting the latest trends and developments in Indonesian insolvency law for 2025.

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Legal2025

Recent Restructuring Developments in Indonesia

Lexology

Update on recent restructuring developments in Indonesia, including regulatory changes, notable cases, and emerging practices.

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News2025

Development Moratorium Coming to Bali

Hotel Investment Today

Reports of an impending development moratorium in Bali as authorities crack down on overdevelopment and illegal construction across the island.

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News2025

SBAT Declared Bankrupt Following Sritex

Tempo EN

Another major Indonesian textile company SBAT declared bankrupt following the collapse of Sritex, signaling systemic issues in the textile industry.

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Analysis2025

Bali Real Estate Crash? Airbnb Prices Drop

Bukit Vista

Market analysis examining declining Airbnb prices and occupancy rates as indicators of a potential real estate correction in Bali.

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Analysis2025

Bali's Villa Oversupply Is Real

Villa Finder

Data-driven analysis confirming villa oversupply in Bali, exploring its impact on rental yields and investment returns for property owners.

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Analysis2025

Risks of Buying Property in Indonesia

InvestAsian

Comprehensive risk assessment for foreign investors considering property purchases in Indonesia, covering legal, regulatory, and market risks.

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Analysis2025

PKPU Cases in Q4 2024

CRIF Asia

Industry report analyzing the surge in PKPU filings during Q4 2024 and the growing financial challenges facing Indonesian businesses.

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Analysis2025

Обман с виллами на Бали [Russian]

Vechernyaya Moskva

Russian-language investigative report on Bali villa fraud schemes, examining why Indonesian police are investigating celebrity endorsements.

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Analysis2025

Оценка рисков: застройщик на Бали [Russian]

Tala.ru

Russian-language risk assessment guide on choosing a Bali property developer and avoiding financial losses in overseas real estate investments.

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News2024-11

$3.8M Fraud Threatens Bali Villa Project

Bali Discovery

A $3.8 million fraud scheme threatens a Bali villa development project, leaving multiple foreign investors facing significant financial losses.

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News2024-10

Sritex Declared Bankrupt

Jakarta Post

Major Indonesian textile manufacturer Sritex declared bankrupt by Commercial Court, one of the largest corporate insolvency cases in Indonesia's history.

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Academic2024

Reconstruction of Indonesian Bankruptcy Law...

SCIRP

Academic reconstruction of Indonesian bankruptcy legislation addressing systemic issues and proposing structural reforms for a more equitable insolvency framework.

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Academic2024

Rights of Bankrupt Debtors Under Law 37/2004

Academia.edu

Analysis of debtor rights and protections under Indonesia's primary bankruptcy statute UU No. 37/2004, focusing on due process and rehabilitation provisions.

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Academic2024

Legal Status of Individual Bankrupt Debtors

Indonesia Law Review

Examination of the legal status and civil capacity of individual debtors declared bankrupt under Indonesian insolvency law.

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Academic2024

Border Insolvency in Indonesian Bankruptcy Law

Justice Voice Journal

Study of cross-border insolvency challenges within Indonesian bankruptcy law and the treatment of foreign elements in domestic proceedings.

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Academic2024

Role of Bankruptcy Curators in Settling Corporate Insolvency

IJHESS

Research on the duties, powers, and effectiveness of bankruptcy curators in managing and resolving corporate insolvency cases in Indonesia.

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Academic2024

UNCITRAL Model Law Potential in Indonesia

Jurisprudentie

Assessment of the potential adoption and implementation of the UNCITRAL Model Law on Cross-Border Insolvency in the Indonesian legal system.

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Academic2024

Legal Protection for Third Parties in Actio Pauliana

Yuridika

Study of legal protections available to bona fide third parties when Actio Pauliana claims are brought in Indonesian bankruptcy cases.

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Legal2024

Year in Review: Restructuring in Indonesia

Lexology

Comprehensive annual review of key restructuring and insolvency developments, legislative changes, and notable court decisions in Indonesia.

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Legal2024

Indonesian Insolvency Landscape

PwC Indonesia

PwC overview of the Indonesian insolvency and restructuring landscape, covering legal frameworks, market trends, and practical considerations.

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Legal2024

Restructuring & Insolvency Regime Effectiveness

Legal 500

Thought leadership analysis on the effectiveness of Indonesia's restructuring and insolvency regime for both debtors and creditors.

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Legal2024

Restructuring & Insolvency Effectiveness

Chambers

Chambers assessment of how effectively the Indonesian insolvency regime balances the interests of debtors and creditors in practice.

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Legal2024

PKPU in Indonesia: Legal Guide for Debtors

Kusuma Law

Practical legal guide for debtors navigating the PKPU (suspension of debt payment obligations) process under Indonesian law.

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Legal2024

Can Foreign Creditors File Bankruptcy in Indonesia?

Kusuma Law

Analysis of foreign creditor standing to file bankruptcy or PKPU petitions in Indonesian Commercial Courts under UU No. 37/2004.

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Legal2024

Restructuring and Insolvency Guide Indonesia

Ally Law

Ally Law network guide to restructuring and insolvency procedures in Indonesia, covering key processes, timelines, and creditor strategies.

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Legal2024

Cross-Border Insolvency: Rights and Challenges

SIP Law Firm

Examination of cross-border insolvency challenges in Indonesia, focusing on party rights and difficulties in executing bankruptcy assets internationally.

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Legal2024

Implementation of Cross Border Insolvency

K&K Advocates

Discussion of cross-border insolvency implementation challenges in Indonesia, including recognition of foreign proceedings and judicial cooperation.

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Legal2024

PKPU and Bankruptcy: Balancing Creditor and Debtor Rights

KRTHA Bhayangkara

Analysis of how PKPU and bankruptcy proceedings balance competing creditor and debtor interests under Indonesian insolvency law.

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Academic2023

Legal Study of Bankruptcy: Decision 36/Pdt.Sus-Pailit/2020

Jurnal Mercatoria

Case analysis of Commercial Court Decision 36/Pdt.Sus-Pailit/2020, examining judicial reasoning and implications for bankruptcy jurisprudence in Indonesia.

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Academic2023

Adopting Insolvency Tests from the US

Semantic Scholar

Comparative analysis exploring the feasibility of adopting US-style balance sheet and cash flow insolvency tests into the Indonesian bankruptcy framework.

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Academic2023

UNCITRAL Model Law for ASEAN Integration

Undang Jurnal Hukum

Analysis of how adopting the UNCITRAL Model Law could facilitate ASEAN economic integration through harmonized cross-border insolvency frameworks.

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Legal2023

Overview of Insolvency Regime in Indonesia

Milbank LLP

Milbank's structural overview of Indonesia's insolvency and restructuring regime, including key procedures and enforcement mechanisms.

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Legal2022

Restructuring in Indonesia in Practice

INSOL International

INSOL technical paper examining the practical aspects of corporate restructuring in Indonesia, including PKPU procedures and court practices.

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