In these extraordinary COVID-19 times, many people are forced to deal with illness or even death. Accordingly, precaution seems more important than ever and the question of what happens or should happen to one's assets in the event of death is omnipresent. Certain legal precautions can be taken in such cases to safeguard one's will as comprehensively as possible. The following article provides an overview of the legal possibilities.
Our Swiss legal and tax specialists successfully assisted in a cross-border merger from Switzerland to Austria.
From July 1, 2020, companies with more than 100 employees must carry out wage equality analyses, for the first time until June 30, 2021
In its ruling of 18 November 2019 (4A_268/2018), the federal supreme court essentially supported the decision of the commercial court of the Canton of Zurich of 16 March 2018 (ruling HG130073) [The Financial Responsibilities of the Board of Directors in the Group] in a ruling in the causa Swissair.
The Swiss Federal Council is proposing changes to the current inheritance law in order to facilitate the continued existence of enterprises in an estate, in particular in case the deceased has not made a last will or concluded an inheritance agreement with his heirs. The aim is to protect enterprises from conflicts among the heirs.
We are proud to have supported MachinaWare AG through a successful seed financing round of CHF 1 million. As a promising blockchain startup in the Crypto Valley, MachinaWare AG will now be able to accelerate development and growth for the official launch in 2020.
In view of the draconian sanctions currently in force under company law (and possibly soon to come into force under criminal law), it is advisable for everyone to check carefully whether they trigger reporting obligations under company law when acquiring shares. On 20 March 2019, the Swiss National Council waved through the envisaged changes in criminal law; now it is the Council of States‘ turn.
According to a further decision of the commercial court of the canton of Zurich in the Swissair case, the centralized management of the financing of a group of companies does not constitute a breach of the non-transferable and inalienable financial responsibilities of the board of directors of the controlled company.