A Ruling that Needs Further Action

As widely expected, the Supreme Court has reversed a recent decision by the Jakarta Commercial Court which de-clared PT Asuransi Jiwa Manulife Indonesia (AJMI) bankrupt. The ruling, which brought AJMI back in operation, is not only appropriate, but also highly recommend for the speed with which it has been taken. The panel of justices dealing with the insurance company's appeal was made up not of ordinary judges, but senior justices of the na

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