



DNC not only works on ‘merger and acquisition’ within the frame-work of corporate restructuring (i.e., ‘merger and acquisition’ exercises among and between companies within the same group or due to the merger or acquisition of the foreign controlling shareholders) like most other law firms, but also on merger and acquisition among and between unaffiliated companies. DNC has also worked in a failed merger that required the merged entity to be spun-off (re-organized) to become two unaffiliated companies. DNC, working closely with the client, has worked in a creative acquisition, fully leveraging the assets of the target company and strategizing and maneuvering against a competing prospective acquirer.
DNC worked in the planned acquisitions of Busang I, Busang II and Busang III ‘gold mine’ from Bre-X, representing a foreign mining company and Indonesian parties. In fact, DNC was the party who first identified, and reported to the United States Securities and Exchange Commission (“SEC”), the irregularities and misrepresentations in the description of Bre-X Minerals Ltd.’s business in Indonesia in the Registration Statement (Form 20-F/A-1 and Form 20-F/A-2) filed by it with the SEC for the registration of its shares with the New York Stock Exchange.
DNC has been (and is still) working on the planned acquisition of shares in PT Kaltim Prima Coal that are required to be divested by BP PLc. and Rio Tinto PLc. to Indonesian Participant under the Coal Cooperation Agreement (Perjanjian Kerja-sama Pengusahaan Penambangan Batubara – PKP2B) representing the Provincial Government of East Kalimantan (as part of its pro bono work).