Secretary General of Peradi Profesional Yuhelson was officially inaugurated as an Honorary Professor in the field of bankruptcy law at Jayabaya University, marking a historic milestone as the first secretary general of an Indonesian advocate organization to achieve a professorship with this specific specialization. The inauguration ceremony, held on Wednesday, April 15, 2026, at the Auditorium Prof. Dr. H. Moeslim Taher in Jakarta, was attended by a distinguished assembly of state officials, leaders of the House of Representatives (DPR RI), legal scholars, and prominent members of the Indonesian bar. This academic recognition underscores the growing synergy between professional legal practice and rigorous academic scholarship in Indonesia’s evolving judicial landscape.
The appointment of Yuhelson to the rank of Honorary Professor is regarded by the academic community as a significant validation of his long-standing expertise and practical contributions to the field of commercial law. Professor Harris Arthur Hedar, the Vice Rector IV of Jayabaya University, expressed profound pride in the achievement, noting that the recognition is not merely a personal accolade but a major advancement for the national legal profession. According to Harris, the rarity of a high-ranking executive within an advocate organization holding a professorship in bankruptcy law highlights a unique bridge between the courtroom and the classroom. He emphasized that this achievement sets a new benchmark for legal practitioners across the country, encouraging them to contribute more deeply to the theoretical foundations of the law they practice daily.
The ceremony was presided over by the Rector of Jayabaya University, Professor Fauzie Yusuf Hasibuan, who emphasized the weight of the responsibility that accompanies such a title. In his address, Fauzie noted that an honorary professorship is an "amanah" or a sacred trust, requiring the recipient to continue advancing the frontiers of legal knowledge. He stressed that the title carries a mandate to provide meaningful contributions to society, the nation, and the state, particularly in refining the legal frameworks that govern Indonesia’s economic stability.
A Paradigm Shift: From Liquidation to Corporate Rescue
The centerpiece of the inauguration was Yuhelson’s scientific oration, which challenged the traditional foundations of Indonesian bankruptcy law. In his address, Yuhelson critiqued the current legal climate, which he argued remains overly focused on the liquidation of assets rather than the preservation of viable businesses. He proposed a significant shift toward a "corporate rescue" orientation, grounded in the philosophical concept of Summum Bonum—the highest good.
Yuhelson argued that the Indonesian legal system, specifically Law No. 37 of 2004 concerning Bankruptcy and Suspension of Debt Payment Obligations (PKPU), often operates with a rigidity that prioritizes the immediate settlement of debts over the long-term economic health of the company and its stakeholders. He invoked the Latin maxim Summum Ius Summa Iniuria—the more law, the less justice—to illustrate how a strict, literal application of bankruptcy statutes can lead to outcomes that are fundamentally unjust. When a court orders the liquidation of a company that could otherwise be restructured, the law inadvertently causes collateral damage, including the loss of jobs, the disruption of supply chains, and a decrease in national productivity.
The "Summum Bonum" approach advocated by Yuhelson suggests that the primary objective of bankruptcy proceedings should be the achievement of a "peaceful settlement" or a composition plan that allows a business to continue its operations. By focusing on restructuring and rehabilitation, the legal system can fulfill a more substantive form of justice that benefits the broader community. This perspective aligns with international trends in insolvency law, such as Chapter 11 in the United States or the corporate insolvency reforms in the United Kingdom, which prioritize keeping companies afloat as "going concerns" to maximize value for all creditors and employees.
Background and Context of Bankruptcy Law in Indonesia
The elevation of a bankruptcy expert to the rank of professor comes at a critical time for the Indonesian economy. Since the 1998 financial crisis, which led to the overhaul of Indonesia’s insolvency regulations, the role of the Commercial Court (Pengadilan Niaga) has become increasingly central to the nation’s investment climate. Foreign and domestic investors alike view a fair and predictable bankruptcy system as a cornerstone of "Ease of Doing Business."
Data from the Supreme Court’s Case Tracking Information System (SIPP) has shown a steady increase in the number of PKPU and bankruptcy petitions filed in Indonesia’s major commercial hubs, such as Jakarta, Surabaya, and Medan, over the last several years. The economic volatility of the mid-2020s has further pressured companies across the manufacturing, retail, and real estate sectors. In this context, the legal profession has faced mounting pressure to provide sophisticated restructuring solutions that prevent mass bankruptcies.
Yuhelson’s tenure as Secretary General of Peradi Profesional has been characterized by an emphasis on the "professionalization" of advocates, ensuring that lawyers are not merely litigators but also strategic advisors capable of navigating complex financial crises. His academic recognition reflects a broader institutional effort within Peradi Profesional to elevate the intellectual standards of the Indonesian bar. By specializing in bankruptcy, Yuhelson addresses a niche but vital area of law that directly impacts national economic resilience.
Chronology of the Inauguration Event
The inauguration followed a rigorous internal review process by the Jayabaya University Senate. The process for awarding an Honorary Professor title in Indonesia is governed by strict regulations from the Ministry of Education, Culture, Research, and Technology, requiring candidates to demonstrate "extraordinary knowledge" or "tacit knowledge" that has been successfully applied for the benefit of society.
The event commenced at 09:00 AM with the academic procession of the Jayabaya University Senate. Following the national anthem and the university hymn, Rector Fauzie Yusuf Hasibuan opened the session. The citation for Yuhelson’s honorary degree highlighted his decades of experience in the legal field, his leadership within Peradi Profesional, and his consistent efforts to bridge the gap between legal theory and the practical realities of the Indonesian business world.
Following the scientific oration, a symbolic pinning of the professor’s insignia took place. The event concluded with a series of congratulatory remarks from high-ranking officials. Among the attendees were members of the DPR RI Commission III (which oversees legal affairs), who noted that Yuhelson’s insights into "corporate rescue" could serve as a valuable reference for upcoming legislative reviews of the Bankruptcy Law.
Official Responses and Stakeholder Reactions
The legal community has reacted positively to the news. Leaders from various branches of the Indonesian Advocates Association noted that Yuhelson’s achievement elevates the prestige of the entire profession. "This is a testament to the fact that our leaders are not just administrators but also thinkers," said a senior member of the Peradi Profesional executive board. "It sends a message to young advocates that they should strive for academic excellence alongside their professional practice."
Observers from the business sector also welcomed the focus on business preservation. Representatives from the Indonesian Chamber of Commerce and Industry (KADIN) remarked that a legal philosophy favoring "rescue over ruin" is exactly what the private sector needs to navigate periods of high interest rates and global market shifts. They highlighted that the fear of "predatory" bankruptcy filings has long been a concern for Indonesian entrepreneurs, and the move toward a more restorative justice model in commercial law is a positive signal for the market.
Professor Harris Arthur Hedar added that the university intends to integrate Yuhelson’s "Summum Bonum" concept into its postgraduate law curriculum. "We want our students to understand that the law is a tool for social and economic welfare, not just a set of rules for punishment or liquidation," Harris stated.
Broader Implications for the Legal System
The recognition of Yuhelson as a professor of bankruptcy law is expected to have several long-term implications for the Indonesian legal system:
- Legislative Reform Influence: As a recognized academic authority, Yuhelson is likely to play a more prominent role in advising the government and the DPR RI on amendments to Law No. 37 of 2004. His focus on corporate rescue may lead to more robust mechanisms for mediation and debt restructuring within the legal framework.
- Standardization of Practice: With a professor at the helm of Peradi Profesional, there is an expected push for higher standards in the certification of bankruptcy curators and administrators. This could lead to a more ethical and efficient bankruptcy process, reducing the potential for corruption and malpractice.
- Academic-Practitioner Synergy: The appointment reinforces a trend where seasoned practitioners are brought into academia to share real-world insights. This "clinical" approach to legal education ensures that law graduates are better prepared for the complexities of modern commercial disputes.
- International Competitiveness: By aligning Indonesian bankruptcy philosophy with international standards of restructuring, the country becomes a more attractive destination for foreign direct investment. Investors are more likely to commit capital when they know that the legal system seeks to protect the value of a business rather than simply dismantling it upon the first sign of insolvency.
In conclusion, the inauguration of Prof. Yuhelson represents more than just an individual achievement. It is a symbolic and functional advancement for Indonesia’s legal and academic institutions. By championing the concept of Summum Bonum in bankruptcy law, Yuhelson has set the stage for a more compassionate, economically sound, and justice-oriented approach to handling corporate distress. As the nation moves forward, the integration of such philosophies into the judicial process will be essential for maintaining both the rule of law and the vitality of the national economy.