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• ..
(Official Translation)
0143/88.01/liP"
May 26, 2010
HEAD OF CENTRAL JAKARTA DISTRICT COURT
Cencral JaKarta Court
Jl. Gajah Mada No. 17,
Central Jakarta
Subject: LAWSUIT OF TORT
Dear Sir,
The undersigned, Hotman Paris Hutapea, S.H., M.Hum., Subagio
Aridarmo, S.H. and Donald R.O. Pardosi, S.H., the Advocates,
'l'1hose office is situated at the Office of Advocate and Legal
Consultant HOTMAN PARIS & PARTNERS, haVing address at
Summitmas I Building, 18 th Floor, Jalan Jenderal Sudirman
Kavling 61-62, Jakarta 12069, acting for and on behalf of
PT Mobile-a Telecom Tbk, an incorporated company established
under the laws of the RepUblic of Indonesia, having address at
Menara Kebon Sirih, 18 th Floor, J1. Kebon Sirih Kav. 17-19,
Jakarta 10340, base on Specia: ?ower of Attorney, iated May 14
4
•
(fourteenth), 2010 (Original Power of Attorney is attached),
hereinafter referred to as "Plaintiff".
The Plaintiff herewith intends to make a lawsuit of Tort
against:
Lehman Brothers Special Financing Inc., in 745 Seven"n
Avenue, New NY 10019, referee
to as "Defendant".
The reasons for this lawsuit are as
I. FACTUAL CRONOLOGY:
1.1. Ivhereas the Plaintiff is a national company having
been listed in the publio stock exchange (go public),
whose shares belong to the public.
1.2. That the Defendant is a company established under the
laws of the State of Delaware of the United States of
America specializing business in =oreign currency
speculation (Swap Transaction or derivatives), but
doing businesses in allover the world, as well as in
Indonesia.
JJ:- '-·1... .. JiI'
•
I. 3. Whereas in the mid year 2007, the speculation staff
of the ::>efendant had repeat:edly cOr:'.e to the
Plaintiff's office in Jakarta requiring the Platntiff
to unhesitatingly do business in foreign currency
speculation (Swaps and Derivatives Transactions)
where ;;efendant promi sed to provide profitable
percentage, and he specified that the speculation
business was safe and the Plaintiff would have been
pro:e::::ed ,since the speculators would sign the terms
and conditions as required by ISDA (INTERNATIONAL
SW1l:P AND DERIVATIVES ASSOCIATION, INC. ) AGREEMENT,
THE MASTER AGREEMENT referred to as
"ISDA Master Agreement") . The Defendant also
that the transactions of swaps and
deriva:ives would only be binding the Plaintiff and
the Defendant if the Plaintiff and the Defendant have
negotiated and agreed to sign ISDA Master Agreement
as the main agreement. The Defendant promised to send
immediately the concept of ISDA Agreement Master
Agreement.
1.4. whereas according to the testimony of the Plaintiff,
the initial concept of ISDA MASTER AGREEMENT simply
consisced of the rules and procedures of foreign
currenc/ speculation and Derivatives
Transac:'':''QnL
·.terms
do':'::g
of default (defaulted),
transactions of swaps
guarantees, ways of
and derivatives,
incumbency or rights and liabilities of the parties
and the jurisdiction of the court to settle if any
cases, which is not exclusive (or not bound by the
judiciary of any country), which must oe pe:::::;;:::::.",:'
a:::ourt in New York or in the United ;;::: cny
oUler court in another country (as ,..ell as a .-
Indonesia) .
1.5. Whereas as a preliminary talk and negotiatiofl, The
Defendant sent a letLer to the Plaintiff,
August 8, 2007 (vide Evidence/ Poo£ P-l)
consisted of information, general exp:anaticn and
pointers, and specified the name of agreement to be
signed stating that: uTRANSACTIONS OF
SWAP/DERIVATIVES" WILL ONLY BE CONSIDERED TO EXIST
AND BE EFFECTIVE 1lND BE LEGALLY BINDING AFTER THE
PLAINTIFF and THE DEFENDANT PENGGUGAT and HAVE
DISCUSSED and AGREED THE TERMS AND CONDITIONS, and
SIGNED THE ISDA MASTER AGREEMENT.
1.6. The Plaintiff quotes here the statement of the second
paragraph in the letter of the Defendant, dated
August 8, 2007 (vide evidence P-l) stating as
':.:-llows;
1
, •
... , you and we agree to use all reasonable efforts
prc?!!!ptly to negotiate, execute and deliver an
agreement .in the form of ISDA Master AvJ;eement
(Multicurrency-Cross Border) (the "ISDA Form"),
with such modifications as you and we will .in good
faith agree. Upon tha exeC'.ztion by you and us or
such agreement, this Confirmation shall supplement,
:form a part of, and be subject to that agreement
(the "Agreement")."
Hence, it :;a3 p.:roved t:rac ::he letter of tr.e
Defendant, ::",'c,=::: 8, 2007 (vide evidence P-l)
simply of information of currency
speculatioc. o;;s2.::ess plan (swaps and derivatives) ,
there is :10 nm·,ly iJinding agreemep.t nor any legally
binding transactiofc, as it will only occur and come
into force when the Plaintiff and Defendant have
signed ISDA Master Agreement to be the Master
Agreement.
1.7. Whereas within the period of about (10) months, the
Plaintiff made calls to the Defendant requiring
it to send the draft of ISDA Agreement Master
Agreement, which, in essence, questioning WHY the
congept _0:;' ISO!\, .MASTER AGREEMENT is still not
yet. Furthe" ·."ith the lette::: dar.ed 2008 :=II:A"'··· ,.. '.' .- .
.. ."' /;J'
•
No.: 31!MS-LGL!VII!2008 (vide evidence P-2), the
Plaintiff sen;:. a letter again to the Defendant to
questioning the same purpose, WHY the had
not sent the concept of ISDA (MASTER AGREEMENT) to
the Plaintiff, and WHEN the concept of ISDA
(INTERNATIONAL SWAP DERIVATIVES ASSOCIATION, INC. )
MASTER AGREEMENT would start to be discussed !
negociated.
For clear understanding, as quoted from the
Plaintiff's letter, dated July 25, 2008 No.: 31/M8-
LGL!VII/2008
follol-Is:
(vide P-2) it is said as
"We would like to inform you, as the new management
of PT Mobile-8 Telecom T.bk, we believe that some
documentation regarding ISDA Master Agreement
(Multi CUrrency Cross Border) (the "ISDA rr) has been
missing to discuss and/or to elaborate and/or to
negotiate between both parties."
I.8. Whereas as the responses to the Plaintiff's letter,
dated July 25, 2008 (vide evidence P-2) , then for the
first time on AUgust 1, 2008 at 3:15 PM The Defendant
sent a le;:.ter via to the Plaintiff :vide
evidence P-J), essentia:
,
OF ISDA MASTER AGllEE:MBNT (vide evidence P-4); For
clear understanding here below is quoted -.:he
content of e-mail from the Defendant, on August 1,
2008 evidence P-3) as follows:
"With reference to dated 25 2008 from
to Lehman Brothers Financing
requesting on ISDA Master Agreement
Cross Border) ("ISDA") , find
attached a draft ISDA agreement for your review and
further considerations."
Latter on,
follows:
in the third paragro.,::: :'5 c'"'-..:.::-:ed as
"My Anita Chiu, :from :l'ransaction
Management Group (copied on this be
responsible for negotiation of ISDA on behalf of
Lehman. us know the right person on your
side to liaise with to further the discussions on
ISDA. "
1.9. As quoted here below, the content of the Defendant's
len:er via e-mail on August 1, 2002 (vide evidence
P-3) , refers to 4 (four) matters:
. ......-" ';l.., . ..__ A. __ •
1°
•
a. It is for the first time the Defendant sent the
concept/draft of ISDA (vide
evidence P-4l on the mentioned date (August 1,
2008) ;
Augusc 2008 (vide evidence
P-3; Defendant Defendant Staff,
to be as a proxy of the
Defendant start negotiating I discussing the
concept content of ISDA Master Agreement. THIS
MEANS, THE DEFENDANT RECOGNIZES THAT THERE HAVE NOT·
YET BEEN ANY UNDERSTANDING ON THE CONCEPT CONTENT OF
ISDA MASTER AGREEMENT, therefore, <:here is no S,,,ap
Cleri-;ative agreement which is valid and bind <:he
Plaintiff and the Defendant;
c. The Defendant required the Plaintiff to appoint
someone to represent the Plaintiff in discussing I
negotiating the concept of ISDA Master Agreement
(vide evidence P-4);
d. As the attachment of the Defendant's letter via e-
mail on August 1, 2008 (vide evidence P-3) , the
J;lefendant has attached the document named "the
.concept of ISDA Master Agreement" (vide evidence P-
4), whic:, by the Defendant had
\\
dated August 1, 2007. However, the concept was just
by the Defendant on August 1, 2008 .which was
still in the form of "draft" or "concept".
I .10. Whereas as the responses to the Defendant's letter
via e-mail on August 1, 2008 (vide evidence E-3
above, the Plaintiff sent a -r ._._.-
Defendant, daced AL:gust 29, 2008
LGL/VIII/2008 (vide evidence which
the Plaintiff intends to reaffirm (reconfirm) that:
a. The Plaintiff and tr:e Defendant are not
any agreement on currency swap transact:ions
ISDA MASTER AGREEMENT HAS FULLY AND THROUGHFULLY
been negotiated, signed aCId performed by the
plaintiff and the Defendant, for the reasons that:
(i) the Defendant had defaulted its obligation to
negotiate with the Plaintiff on THE CONCEPT OF ISDA
MASTER AGREEMENT (vide evidence P-4), and (ii) the
Board of Commissioners of the plaintiff never gives
any approval for the plan of swap transactions
whereas the approval for purpose is an obligation /
compulsion based on the articles of Association of
/iIli""'"••• •• ••_01- .. ..--,- ","',.... _. -:'.
\2.
b. Based on the matters as specified above, the
Plaintiff ar:ci :::e Defendant, whether in the pa.o:,
present or future, have no financial in
relation to swap transactions or any other financial
transaction.
For clear unaerstanding, as quo:ed from cite
Plaintiff's _'0:;:2::, ciaceci ;:"'lQ'csc 29, 2J08 (vide
Evidence P-5 if said:
"We refer to our letter dated 25 July 2008 and also
your email dated 1 August 2008 and previous
communication in which we repeatedly states that. PT
Mobile-8 Telecom Tbk and Lehman Brothers
Financing Inc. do not have any legal binding
agreement on any swap transaction until ISDA Master
Agreement (Multi Currency-Cross Border) (the "ISDA")
to be fully negotiated, executed and delivered by
Lehman Brothers Special Financing Inc. and PT
Mobile-8 Telecom Tbk.
The fact is that until today, Lehman Brothers
Financing Inc. neglects its obligation to
negotiate the draft ox ISDA with PT Mobile-8 Telecom
- Tbk.
We refer to the fact '/;bat the Board of
of PT Xbk never
approves the for swap transaction, wl2icb Board
of Commissioner's approval is conpul.sory requirement
under the of Association of PT
Telecom Xbk.
Therefore, this letter is to reconfi:rm our mutual
understanding that PT Telecom Xbk and
Lehman Brothers Special Financing Inc. do not have
any past or current and future financial obligations
on any swap transaction or any financial
transaction. II
1.11. FIRST EVIDENCE (I) OF TORT BY THE DEFENDANT
(DEFENDANT'S LETTER, DATED SEPTEMBER 4, 2008 - VIDE
EVIDENCE P-6)
Whereas as the responses to the Plaintiff's letter,
dated July 25, 2008 No.: 3l/M8-LGL/VII/2008 (vide
evidence P-2), and August 29, 2008 No.: 39/M8-
LGL/VIII/2008 (vide evidence P-5) unpredictably the
Defendant sent a letter, dated September 4, 2008
(vide evidence P-6) to the Plaintiff, consistir.g of
accusation that _the Plaintiff had viol.ated Artic:e 5
(a) (1,\ and Article 12 (a) .of .ISDA..... , ...
. - .14
whereas the Plaintiff has not yet negotiated and has
never signed the draft of ISDA Agreement
(vide Evidence 2-4). Even on August 1, 2008, it is
for the first time that the Defendant sent a letter
via e-mail (vide Evidence P-31 specifying about the
concept to be discussed, (c·,·:e';e:::,
negotiated or agreed at az'Cer one
month, on September 4, 20GS, cf:e Defendant accdseo
the Plaintiff to have violatec A!:':.:'c="2: a:, ,:..) and
12 (a) of the concept of ISDA Master Agreement.
Fa:::' clear understa,,"dircc;, as ,...,.., -.,- ,:),-<-:, ......... - ,"-,- the
Defendant's letter, dated :vide
Evidence P-6) it is said:
"We refer to the terms o£ the Master Agreement
re£erenced above. Capi te.r::ms used herein
and not de£ined have the meanings ascribed
to them in the Master Agreement.
Under the Master Agreement (and the
terms o£ the Transactions), you were required to
a payment to us by the o£ business on 2
September 2008. The amount was USD
2,047,576.03, and we had indicated to you on 27
__ 2008 the amount the
the accoUDt into wh:l.c.h such sbould be
paid.
You are hereby notified that you have failed to
:make such payment. This notice constitutes a
notice of failure to payor deliver given to you
in accordance with Section 5 (a) (i) of the Master
Agreement, if the failure to pay is not remedied
by you on or before the first Local Business Day
after receipt of this notice, then such failure to
payor deliver constitutes an event of Default
with respect to Party B."
In accordance with Section 12 (a) of the Master
Agreement, this notice is being delivered during
normal business hours and will be deemed effective
today. "
The main content of the Defendant's letter, dated
September 4,
fol10'."s:
2008 (vide Evidence p-6} , is as
a_ The Plaintiff accused the Defendant to have
violated \committed a the content of
Article 5 (a) (i) of ISDA MASTER even
though the Plaintiff HAS ?1tl. .., '7- ". .."'!O'". - &:.- .....'. ,..__ 6-. R I
S:IGNED :ISDA MASTER AcmEEMENT since the concept
itse:f was just delivered by the via e-
mail on August 1, 2008 (vide EVidence P-3);
b. The Defendant notified and also accused the
that according to the content of _"''-'.-.
Agreemenc, the Plaintiff has failed or defaulcec
cO :nake payment in accordance '.-lith ISDA HaSLer
Agreement, and therefore Lhe Defendant
to the Plaintiff to make payment as much as USD
2,047,576 (;:''10 million forty seven thousand and
five hundred seventy-six United States
which is according to the Plaintiff, its due on
September 2, 2008; the Defendant gave a reason of
his claim that the Plaintiff has defaulted or
violated lSDA MASTER AGREEMENT;
Therefore, the Defendant is proven to have made a
tort by making up a fictitious bill as much as USD
2,047,576 (two million forty seven thousand and five
hundred seventy-six United States Dollars) and sent
a letter to the Defendant dated September 4, 2008
(vide Evidence e-6) which the content is an untrue
statemen::, and has improperly set up a supposition
as if lSDA MASTER AGREEMENT ;,ai been truly Signed
and Plaintiff had
AGREEMENT, whereas ISDA Master Aq2:eement has never
been signed at all.
1.12. SECOND EVIDENCE (II) OF TORT BY THE DEFENDANT (THE
DEFENDANT'S LETTER, DATED MARCH 31, 2009 - VIDE
EVIDENCE P-7)
Whereas, the Defendant :.as ..:tseqL.e:'_':.l j- up
letter, da":ed . .;)_1 (vide Evidence P-7)
notifying that the Defendant has terminated ISDA
4 and 5 of the
lette= cated Ma=ct 2:C9 ,vide Evidence P-7), the
Defendant claimei -::,e -:e=r:;inatio:: '"as based on
Article 12 (a) of :5:'_::1. Has:er Agreement, and the
Defendant also argued that the Defendant had
reserved his rights under ISDA Master Agreement,
whereas the fact is that ISDA Master
Agreement had never been approved and signed, and
the Plaintiff had never negotiated and signed the
Article 12 (a) of ISDA Master Agreement.
1.13. THIRD EVIDENCE (III) OF TORT BY THE DEFENDANT
(DEFENDANT'S LETTER, DATED JUNE 18, 2009 - VIDE
EVIDENCE P-8)
Whereas letter on, the of tort by the Defendant, who
had manipulate:: :::'11 and made up as if ISDA Master
Agreement had been signed, was made again ?y the
Defendant through the letter dated June 18, 2009
(vide Evidence P-8) addressed to the Plaintiff,
the essence of the letter is partially as
follows:
a.6n the top of the Defendant's letter, dated June
18, 2009 (vide Evidence P-B) it is written the
following
"Re: Notice o£ Amount Payab1.e Under Section
6 (d) (i) o£ the £or.m o£ ISDA Master Agreement.";
Note:
Whereas, the legal fact is, ISDA Master Agreement
is never been signed, therefore, Article 6 (d) (i)
and the concept of ISDA Master Agreement is not
yet valid.
b. From the first paragraph of the Defendant's
letter, dated June 18, 2009 (vide Evidence P-8) it
is quoted is follows:
"Reference is hereby made to the Master Agreement
referenced above."
Note:
The legal fact proves that there is no ISDA Master
Agreement because ISDA ::as ::;::;-::
yet been signed by the ana the
Defendant.
c. From the second paragraph of the letter, dated
Jur-e 18, 2009 (vide Evidence P-Bj ic qu::;t:ed as
follm'1s:
"In accordance with the tezmination notice dated
March 31, 2009 previously sent to you, whereby we
designated April 7, 2009 as the Early Tezmination
Date, we hereby notify you, pursuant to Section
6 (d) (i) of the Master Agreement, that the amount
payable under the Section 6 (d) (i) of the Master
Agreement is USD 2,560,472 (tbe "Tezmination
payment") and such Tezmination Payment is payable
by Counterparty to Lehman on the date this notice
is effective (the "Payment Date"). This amount
does not reflect the interest accrued and accruing
pursuant to .the Master Agreement."
J.. ,- ,-' .. " -"-= :;c... .. ./7V zo
Note:
the Defendant states to have ISJA
Master Agreement in accordance with Article 6 (d)
(i) which asking for compensation as much as USD
2,560,472 based on Article 6 (d) (i).
':'ego.':' ':"5, P,rticle 6 (d) (i) of ISDA
l"ias:.er Agreemen'C has nor. ye"C been eifective, and
no 6inding contr3.Cl:. oet:. ....Jeen the
Plaintiff ana Defendant.
'.d. 3c, it is 9roven that the of tore by che Defendant
to happen, because on June 1B, 2009 a
bi:ling letter as much as U.S. $
2,560,472 (two million five hundred sixty thousand
and four hundred and seven twenty-two United
Staees Dollars) had been sent by the Defendant on
June 18, 2009 (vide Evidence P-8) as the
compensation of Termination Payment per April 7,
2009 on the basis that, according to the
Defendant, the billing out is of ISDA MASTER
AGREEMENT, whereas, the ISDA MASTER AGREEMENT has
never been negotiated, and agreed or signed at
all.
e. Based on the description above, it :5 the
:act that until the date of registra-' of the 1- --( p:"!!/1/....{:._" _,
1\
lawsuit a quo, ISDA MASTER AGREEMENT is in
the form of DRAFT I CONCEPT, it was just
by the on the 10 ' (first) of Augus.t 2008
but has not been negotiated and signed yet. So, if
ISDA MASTER AGREEMENT has never been dpproved and
signed, THERE SHALL BE NO BINDING AGREEMENT c::
BINDING TRANSACTION BETWEEN THE PLAINTIFF AND THE
DEFENDANT, BECAUSE ISDA MASTER AGREEMENT specifies
the following conditions, such as:
Clauses of Breaches/Defaults;
- Clauses 0: Te::mination;Clauses of Taxes;
- Clauses of Liabilities of the Parties;
- Clauses of Jurisdiction (Courts) and others.
f. THEREFORE:
WITHOUT any signed ISDA MASTER AGREEMENT WHICH
BAS BEEN SIGNED, IT IS IMPOSSIBLE for THE
PLAINTIFF AND THE DEFENDANT TO KNOW THE
INCUMBENCIES OF THEIR OWNS.
So, until the date of registration of this
lawsuit in the court, THE FACT IS:
The P1aintiff and the Defendant HAVE NEVER
NEGO'l'IATED, AGREED and SIGNED ISDA Master
Agreement;
The P1aintiff and the Defendant have never
signed the as required by Bank
Indones:'a "'lir.:-. Regulation on
Swap Transaction / Derivatives (Foreign
Currency as stip-Jlated in Bank
Indonesia Regulii 1;;0.7/31/ ?BI /2005 dated
September 13, 2005 on Derivative Transactions
(vide Evidence P-9) .
3ased on as mentioned,
Plaintiff files the la,suit co the Panel of
Judges to declare that the three (3) letters of
the Defendant be illegal and null and have no
legal power at all, namely:
- The letter, dated September 4, 2008 (vide
Evidence P-6);
- The letter,
Evidence P-7);
dated March 31, 2009 (vide
- The letter, dated June 18, 2009 (vide Evidence
P-8) ;
I .14 . FOURTH EVIDENCE (IV) OJ!' TORT BY THE DEFENDANT
(DEli'ENDAN'l' VIOLATED THE REGULATION OF BANK INDONESIA
REGULATION)
The Defendant has violated its leqal obliqations to
obey the Regulation of Bank Indonesia, as follows:
a. Default to fulfill the requirements of BANK
INDONESIA REGULATION NO.7/31/PBI/2005 ON
DERIVATIVE TRANSACTIONS (vide Evidence P-9) ;
In accordance BANK INDONESIA REGULATION
NO.7/31/PBI/2005 ON DERIVATIVE TRANSACTIONS (vide
Evidence p-9), it is required that derivative
swap transaction shall be made in the form of
CONTRACT practically known as ISDA Master
Agreement. The contract shall be in the form of
final agreement (not a draft / concept) for
having been completely negotiated and signed by
both parties. However, the Defendant does not
fulfill BANK INDONESIA REGULATION
NO.7/3l/PBI/2005 ON DERIVATIVE TRANSACTIONS (vide
Evidence p-9) as in reality, ISDA MASTER
AGREEMENT is si:ill in the form of a draft or
concept and :;e':,,::: s:'gned.
2'f
b. Default to fulfill the requirements of BANK
INDONESIA CIRCULAR LETTER No.10/42/0PD, dated
NOVEMBER 27, 2008 ARTICLE 1 (4) (A) (vide
BANK INDONESIA CIRCULAR LETTER No .10/42/00'0,
DATED NOVEMBER 27, 2008 ARTICLE 1 (4) (AI (vide
Evidence P-IO) requires L:ne exis;:ence cf
main/principal contract (UNDERLYING CONTRACT;
agreement.
Similarly, as specified abcve, the concraeL: shal:
be a FINAL agreement (not a dra::t: '-or
having completed negotiated and s:'T-',,:: by
parties, as a MAIN/PRINCIPAL AGREEMENT
(UNDERLYING CONTRACT) .
However, the Defendants does not fulfill BANK
INDONESIA CIRCULAR LETTER No .10/42/DPD, Dated
NOVEMBER 27, 2008 ARTICLE 1 (4) (A) (vide
Evidence P-10) as in reality ISDA MASTER
AGREEMENT as a principal I main contract
(underlying contract) is sU2l in the form of a
draft/concept and never signed;
c _ All incumbencies of the Plaintiff in the
.<;:urrency speculation business_ (swaps and
derivati.ves) with the De:endant aha] 7 .._- :1-/-{ AlAVf;:: \ _:-,,::-71-
O' nv'
regulated and protected by the main/principal
ag:::eement as t:l;e underlying contract, here named
ISDA Master Agreement which is the final
agreement and signed by the parties. However,
ISDA Master Agreement is still in the form of a
based che "egal fact, according to Bank
the currency speculation
plan (swaps and derivatives) between the
Plaintiff and Defendant can only be held and come
:crce when ISDA Agreement as the Master
_-_? ::-2'2:::'3";: Agreement) has been signed; but
:act, there are no agreement or contract
having been final and signed by the Plaintiff and
che Defendant.
II. THE DEFENDANTS IS PROVEN TO HAVE MADE A TORT AGAINST THE
I?LAINTIFF
II.l. From the evidence described above, it is proven that
all the elements speCified in Article 1365 of Civil
Code namely "THE ACT OF TORT", referring to the
verd:ot of Hoge Raad, dated January 31, 1919 in the
case _Dec:ween Lindenbaum against. Cohen, ar,:,' ao:: ca-n-
.. : __. .__ .;... ':: . bY
be considered as an ACT OF TORT if it qualifies the
criteria:
1. The act is cont.radictive to the legal obligation
of the actor;
2. The act violates the rights of others; OR
3. The act violates social ethics or norms;
4. The act is considered to be contradictive to the
principle of appropriateness, accuracy, and
carefulness which must be possessed by a person
in his/her social intercourse when getting in
touch with the community or against the property
of others.
11.2. In verdict concerning the criteria of the TORT, Hoge
Raad applied the word "OR". It means, to prove that
there was an act of TORT, the four criteria of tort
shall not be cumulative of acts. If one of the
criteria (one element) has beep. fulfilled by an act
of tort, the act can be qualified as a TORT.
II. 3. In the case of a quo, the act of the Defendant has
completely been considered to have violated not only
one (11, but all, from the 1s , to the elements of
Tort, namely;
Performing. tr.e act considered to be contradictive
to.the principle of appropriateness by
the three (3) letters, namely the letter, dated
September 4, 2008 (vide Evidence P-6), the letter,
dated March 31, 2009 (vide Evidence P-7) and the
letter, dated June 18, 2009 (vide Evidence P-S),
and has made up fictitious bills;
- Violating ene 5;.:;:;:e:-::-:e :::::: Plaintiff
namely che righcs of DelDg ereaced fairly;
Performing l:he act. whic;. :..::: radict.'::" "v"-e to the
legal c: Defendant :c obey the
regulations of Bank Indonesia at the time of
performing businesses in
Indones:'a.
III. LOSSES SUFFERED BY THE PLAINTIFF
I II .1. Whereas the tort performed by the Defendant has
caused losses to the Plaintiff amounting to USD
15,250,000 (fifteen million two hundred and fifty
thousand United States Dollars), where the fault
made by the Defendant has different types of
causalities or causal rela":ionship to the losses
suffered by the Plaintiff, with the following
details:
a. Since the date of registration of this lawsuit,
material losses having been. suffered by t:Je
Plaintiff are among c .. ,. ,"...... • -,jI' •. , •. ,. : .... - ":.
amounting to· USD 4,250,000 (four million two
hundred and fifty thousand United States
Dollars), whereas if the Plaintiff were not
negligent to perform negotiation with the
Defendant and had completed the Draft of ISDA
MASTER AGREEMENT, swap and derivative
::,::,o.IJsactions WO...i::"d have cccurred and the
Plaintiff benefit as much as
USD 4,250,000 (four million two hundred and
fifty thousand United States Dollars) plus 6%
(six percent) interest per year;
b. Losses suffered by che Plaintiff, if
counted, is USD 11,000,000 (Eleven million
United States Dollars), considering that the
Plaintiff is a pUblicly listed and highly
reputable company which has good image and
reputation in the society and business
community, hence the tort performed by the
Defendant to the Plaintiff by declaring that
the Plaintiff has failed to make payment in
accordance with ISDA AGREEMENT MlI.STER
AGREEMENT, has destroyed the good image, name
and reputation of the Plaintiff in business
.cOl11Jl\T,lnity.ond ot::e::: 2.:lstitutions / agencies of
authorized capital rr;arket,
III. 2.
shall make reports to Bapepam and has decreased
the share value of the Plaintiff's Company.
As it is already proven that the tort performed by
the Defendant has. caused material and irmnaterial
losses to the Plaintiff, the Defendant __ .:::a
responsible in the matters and [heretore, snall be
given punishment to pay the losses by [je
Plaintiff, such as:
a. Indemnity of material loss the lost
profit amounting to USD 4,250,CCC
two hundred fifty chousand li:1i::e:: S:.a-:es
Dollars) in cash, plus 6% ( S2-A ¥-_ .... ..... .......- ..,. .... -. - ,
interest per year since the date of
registration of this lawsuit until it has been
fully paid; and
b. Indemnity of iJTul\aterial loss amounting to USD
11,000,000 (Eleven million United States
Dollars) in cash plus 6% (six percent) interest
per year.
IV. APPLICATION FOR PROVISION
3eing anxious that the Defendant would act something,
;"jich may further cal:se difficulty to the'f'" ••..A\'. ...:lr..:Z'..::.:: t "j;J;'
and would perform any action which may cause bigger losses
to the Plaintiff, the Pla{ntiff herewith asks ?anel of
Judges to produce a provisional verdict as follows:
a. the Defendant and/or the proxies or the
.:::- =e;:::eiving the transfer of
righcs .:ne auchority, or ochers, oefore the
to be '__ not to take any action, neither
legal action in the form of civil suit, bankruptcy
n.e Plaintiff, the arbin:ary petition
in the ;;;Ed / or in foreign country, a request
of bi::in;; actions, transfer of rights or
cessie upon any / all documents of any property
mvned by the Plaintiff, both a-ny movable- or immovable
matters at law institutions and/or any arbitrary bodies
in the Domestic and International Countries;
b. To punish the Defendant to pay a penalty (dwangsom) to
the Plaintiff as much as USD 50,000,000,- (fifty million
rupiah) per day subsequently if the Defendant is
negligent to conduct or violates the content of this
provisions wholly or partially.
V. APPLICATION FOR SECURITY ATTACJIMENT
Whereas to ensure that this lawsuit will not be
ineffective or fruitless (illusioir) F and that the
Defendant will execute the verdicts in the case of a quo,
the plaiTIciff herewith appeals to the Central Jakarta
Districc Court TO STIPULATE THE SECURITY ATTACHMENT
(CONSERv.ATOIR BESLAG) OF THE PROPERTY AND OTHER ASSETS
BELONGING TO THE DEFENDANT, for which, the details will be
provided "atter on. Therefore, Plaintiff will reserve its
rights ;:0 apply for the security At;:achment of property
and assets of the Defendant.
VI. APPLICATION FOR DIRECTLY EXECUTABLE DECISION AND PENALTY
PAYMENT (DW1INGSOM)
Whereas this lawsuit is filed based on the justifiable
evidences and in accordance with the prevailing and
applicable laws which can be used as evidences and
undeniable by the Defendant and in order that the verdict
in the case of a quo can be immediately executed by the
Defendant, so that all material and immaterial losses
suffered by the plaintiff will immediately be returned,
then in accordance with Article 180 HIR, the Plaintiff
herewi:h appeals to Panel of JUdges to dec::'are the
case of a quo imposed verdict
executed in advance even if otherwise there is any other
legal actions against it (uitvoerbaac bij voocraad).
Whereas in order to ensure immediate execution as a result
of verdict in the case of a quo, the Defendant shall be
::0 tr.e
rupiah) per day Defendant ',';'ola1:es
the content of this decision
verdict of a quo until the date of execul:ion of the
verdict of ::he case cf a quo by Defendant.
BASED ON THE LEGAL FACTS AS SPECIFIED ABOVE THE PLAINTIFF
APPEALED TO A PANEL OF JUDGES TO GIVE VERDICT AS FOLLOWS:
IN THE PROVISION
1. To grant the Provisional Plaintiff Application entirely;
2. Requiring the Defendant and/or the proxies or the
representatives or any party receivir.g the transfer of
rights and the authority, or any others, before the verdict
has binding legal power (inkracht van gewisjde) , to be
status quo or not to take any action, neither legal action
;Lr; the for:n of oiviI suit, bankruptcy pet:'. tion against the
Plaintiff, the arbitrary petition in theA'u.. ' '" •
-'-'
in foreign country, a request of execution, billing out
actions, action, of eights or cessie
upon any letter / all documents of any property owned by. .the Plaintiff, both any movable or immovable matters at law
institutions and/or any arbitrary bodies in the Domestic
_ .•J p,nisi: ;:::ce Defendant 1:0 pay tnIO penalty (dwangsom) to
Plaintiff as much as USD 50,000,000,- (fifty million
rupiah) per day continuously every time the Defendant
conduct" against the of this decision
paetially or wholly.
IN THE LEGAL PROCESS OF THE CASE:
1. To grant the lawsuit of the Plaintiff entirely;
2. To declare that security attachment having been stipUlated
is valid and valuable;
3. To declare that the Defendant has conducted a Tort;
4. To declare that the Defendant and the Plaintiff are not
the parties and not legally bound by any a letter of
agreement 0= s;,ap. and derivati':es :=al'sactions or foreigl'
currency exchange transactions
•
or in writing in any kind of letter or any others, and to
declare the P1.aintiff has no obligation of any
liability to the Defendant in relation to a swap and
derivatives transaction or any foreign currency exchange
transaction;
To declare that the concept of ISDA (Internal:.':'''';[..a: .3 ..vaf'5
and Derivatives Association, Inc.) Mas::e:::-
Evidence P-4) is merely a concept, which has ye:
effective and has no legal power to the Plaintiff
Defendant;
6. To declare ::hat all the letters sent by the Defendant ':0
the Plaintiff, dated September 4, 2008 (vide Evidence P-6"
the Defendant's letter, dated march 31, 2009 (vide Evidence
P-7) and the Defendant's letter dated June 18, 2009 (vide
Evidence P-8) addressed to the Plaintiff are not legitimate
and ineffective;
7. To declare that billing out of the Defendant as much as USD
2,047,576 (two million forty seven thOusand and five
hundred seventy-six United States Dollars) provided by the
Defendant on September 4, 2008 (vide Evidence P-6) and
letter on, the total increased to USD 2,560,472 (two
million :ive hundred thousand and fO:1:::: hl.:ndred
sevem:y-(l<o United States Collars)
· '
Defendant's letter dated June 18, 2009 (vide Evidence P-B)
addressed to the Plaintiff as baseless and illegal
8. To punish the Defendant to immediately indemnify the
material loss to the Plaintiff in cash as much as USD
4,250,00: and fifty thousand
Uniced Scaces 6% \six pe:ccent) incerest per
year aaLS chis
9. To punish the Defendant to iwmediately indemnify the
illL"11aterial loss tc -:'1e Plaintiff in cash as much as USD
11, 000, 000 :c'.i:':'ic:l United States Do11aYs) and 6%
10. To punish the Defendant ;:'0 pay the penalty (dwangsom) to
the plaintiff as much as Rp.50.000.000,- (fifty million
rupiah) per day continuously every time the Defendant
violated the contents of this verdict, either partially or,
.Iholly since the date the verdict in the case of a quo
until the date of execution of the verdict of the case of a
quo of the Defendant;
11. To declare that this verdict shall be implemented in
advance even if the:ce is any legal opposition, appea:i.,
cassation or revie,; : :;itvq",rp.Cla.r: .\Co.Qu'aad) ;
r::'-";J?=:J. 1:1"
-,
12.To punish the Defendant to pay legal costs and expenses
OR
If otherwise the Panel of Judges argues differently it is
appealed here;.;':::n 1:0 produce a verdict fairly (ex aequo et
00i10 J •
No" therefore, 'de herewith provide the lawsuit and, for your
honor and attention we thank you.
Faithfully Yours,
Attorney of PT Mobile-a Telecom Tbk (The Plaintiff)
HOTMAN PAlUS & PARTNERS
Hotman Paris Hutapea, S.H., M.Bum.
Advocate
Donald R.O. Pardosi, S.B.
Advocate
Subagio Aridarmo, S.H.
Advocate
· ,Attachment:
Original Special Letter of Atto.::-"e:i ,
(fourtenth) 2010.
dal:ed :-1ay 14