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REVITALIZATION OF REGIONAL-OWNED ENTERPRISE (BUMD) GOVERNANCE THROUGH THE PARTICIPATION IN OIL AND GAS MANAGEMENT BY USING GROSS SPLIT MECHANISM Yudho Taruno Muryanto; Tuhana Tuhana; Anjar Sri Ciptorukmi
Yustisia Jurnal Hukum Vol 9, No 1: April 2020
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v9i1.33702

Abstract

The implementation of the gross split scheme in the upstream oil and gas business by revenue sharing contract is a new phase concerning the existence, especially for regional governments related to the insertion of regional assets. The participation of BUMD in the oil and gas management where the BUMD is located is prominent, in the context of increasing revenue and boosting the regional economy. The involvement of BUMD in oil and gas management is mainly related to the gross split mechanism. There are several problems, among others, related to the problematic management of BUMD whose business activities support the upstream oil and gas business to increase local revenue and how to implement the revitalization of BUMD governance that supports the upstream oil and gas business. This article is the result of empirical legal research by using a conceptual approach. Research techniques and data collection using primary and secondary material by analyzing the data through text interpretation (hermeneutics) and the logic of deduction. Based on the research on the revitalization of BUMD governance in the upstream oil and gas business that uses a gross split mechanism, there are several problems in its management, including overlapping sectoral arrangements regarding BUMD between one regulation with other regulations, management issues, human resources issue, supervision and guidance of BUMD, and restructuring of BUMD.
ANALYSIS OF INSIDER TRADING PRACTICE RELATING TO LAW PROTECTION EFFORT FOR MINORITY SHAREHOLDERS Yudho Taruno Muryanto; Riezdiani Restu Widyoningrum
Yustisia Vol 7, No 2: August 2018
Publisher : Faculty of Law, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/yustisia.v7i2.17232

Abstract

This article aims to describe the characteristics of insider trading according to the Act No. 8 of 1995 on Capital Market and the implication with legal effort that can be taken by minority shareholder. The characteristics of insider trading according to the act No 8 of 1995 on Capital Market are in line with fiduciary duty theory principle, there is involvement of insider by the misappropriation trusted. Insider trading has impacts to the other investors, especially to minority shareholder. The difference opportunity to do transaction causes financial disadantages, and for the loss, minority shareholder can doing legal effort, submit their civil lawsuit to the insider trader.
The Implementation of Hardship Principles in OJK Regulation Number 11/POJK.03/2020 as a Strategy of Economic Strengthening in Handling the Impact of COVID-19 Pandemic Antryo Sandra Dewi; Arief Suryono; Yudho Taruno Muryanto
Aloha International Journal of Multidisciplinary Advancement (AIJMU) Vol 4, No 1 (2022): January
Publisher : Alliance of Health Activists (AloHA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33846/aijmu40104

Abstract

This legal research examines the implementation of the principle of hardship in the economic stimulus policies issued by the Government of Indonesia as a strategy to strengthen the economy in handling with the impact of the COVID-19 pandemic. This legal research is a normative or doctrinal legal research conducted by reviewing the literature. The research approach carried out uses a statue approach and a conceptual approach. This legal research uses both primary and secondary legal materials. Based on the results of this legal research, the implementation of the hardship principle which has different implications from the forje majeur or overmacht principle is considered to be able to accommodate the interests and legal protection of the rights of creditors and debtors. The principle of hardship become a legal basis for not canceling a contract so as to maintain the continuity of the contract. The application of the principle of hardship in Financial Service Authority in Indonesia it called as “Otoritas Jasa Keuangan” (OJK) Regulation Number 11 / POJK.03 / 2020 aims to achieve justice for debtors and creditors in the context of facing conditions of decline in economic growth due to the impact of COVID-19 pandemic. Keywords: principles of hardship; economic stimulus policy; COVID-19 pandemic
Comparation of The Transfer of Land Rights to The Description Deed of Inheritance Rights Tania Wijayanti; Yudho Taruno Muryanto; M. Irnawan Darori
LAW REFORM Vol 17, No 1 (2021)
Publisher : PROGRAM STUDI MAGISTER ILMU HUKUM FAKULTAS HUKUM UNIVERSITAS DIPONEGORO SEMARANG

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (114.554 KB) | DOI: 10.14710/lr.v17i1.37558

Abstract

Marriages are carried out by mixed ethics, so it is very difficult to know whether there are ethnics of Chinese, foreign-Eastern or indigenous groups in a cpopulation. This study aims to determine the legal certainty of a certificate of inheritance for Indonesian citizens of Chinese descent. The research method used is normative juridical. The results of the research and the conclusions show that the notary is the only official authorized to make an authentic deed, namely a certificate of inheritance rights for Indonesian citizens of Chinese descent in accordance with Article 15 of the UUJNP. Comparison of Arrangements for Transfer of Land Rights to Deeds of Inheritance Rights of Chinese Descendants In ASEAN countries, namely Malaysia, that the distribution is contained in Article 6 of the Distribution Act 1958 jo. (Amendment) Act 1997 One of Article 6 (1), then in Turkey Article 35 of the Land Registry Law No 2644 / 1934my which gives foreigners the right to acquire land in Turkey and is subject to legal provisions governing restrictions and prohibitions.