Hollow Victory

July 16, 2002

The Supreme Court has set a new speed record for hearing an appeal. Within only eight days, the country's highest judicial body handed down its ruling on the appeal brought by PT Asuransi Jiwa Manulife Indonesia against a decision of a lower court declaring it bankrupt.

After receiving the transcript of the lower court's ruling against Manulife, which is majority owned by Manulife Financial of Canada, on June 27, the Supreme Court panel, ch

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