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All Journal JURPIKAT (Jurnal Pengabdian Kepada Masyarakat) Amandemen: Jurnal Ilmu Pertahanan, Politik dan Hukum Indonesia Aktivisme: Jurnal Ilmu Pendidikan, Politik dan Sosial Indonesia Desentralisasi: Jurnal Hukum, Kebijakan Publik, Dan Pemerintahan Mahkamah: Jurnal Riset Ilmu Hukum
Ema Nurkhaerani
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Dentistry Education Law, Crime, Criminology & Criminal Justice Public Health Social Sciences

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Journal : Amandemen: Jurnal Ilmu Pertahanan, Politik dan Hukum Indonesia

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Keterbatasan Kekuatan Eksekutorial Putusan Pailit Indonesia dalam Perkara Kepailitan Lintas Negara Elirica Aliyah Irwan Bauw; Ema Nurkhaerani
Amandemen: Jurnal Ilmu pertahanan, Politik dan Hukum Indonesia Vol. 2 No. 3 (2025): Amandemen: Jurnal Ilmu pertahanan, Politik dan Hukum Indonesia
Publisher : Asosiasi Peneliti dan Pengajar Ilmu Hukum Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62383/amandemen.v2i3.966

Abstract

This study examines the issue of cross-border insolvency in the context of Indonesian bankruptcy law, particularly the limitations of national law in handling cases involving foreign elements such as assets or creditors outside Indonesia. Although Law Number 37 of 2004 contains universal principles, its implementation is hindered by Indonesia's adherence to the principle of territoriality and the absence of international agreements on mutual recognition and enforcement of foreign bankruptcy decisions. This normative legal research employs statutory and conceptual approaches to analyze the legal framework and principles relevant to cross-border insolvency. The findings show that Indonesian bankruptcy rulings currently have limited extraterritorial effect and cannot be directly enforced abroad without proper international legal instruments. To overcome these limitations, the adoption of the UNCITRAL Model Law on Cross-Border Insolvency is deemed necessary, along with efforts to establish bilateral or multilateral agreements. Such steps are expected to enhance legal certainty, protect creditors’ rights, and improve Indonesia’s insolvency regime in the context of global commerce.
Co-Authors Ahmad Iqbal Dita Rosalia Arini Dwi Najah Tsirwiyati Elirica Aliyah Irwan Bauw Faqih Zuhdi Rahman Irsyaf Marsal Rakhmi, Wendy Budiati Shelomita Putri Amelia Shevanna Putri Cantiqa Slamet Tri Wahyudi Tabitha Fransisca Romauli Nababan Winriadirahman, Prameswara