The Deadly Gavel Knock

After Manulife, it's now the turn of Prudential Life to fall victim to the Bankruptcy Law.

May 4, 2004

THE office of Prudential Life was busy again on Friday after several days of inactivity. Employees of the insurance company based on Jalan M.H. Thamrin, Jakarta, were allowed to resume their work. A "ceasefire" seemed to have followed the legal action against one of the country's leading insurance firms.

This crisis arose from the verdict handed down by presiding judge Putu Supadmi in the Central Jakarta Commercial Court on Friday l

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