The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Bär & Karrer Ltd.

Work +41 58 261 50 00
Fax +41 58 261 50 01
Geneva, Lugano, Zug, Zurich

Show all Press releases

24 April 2008 - UBS shareholders approve fully underwritten rights issue

September 2008

The shareholder meeting of UBS AG held on 23 April 2008 has approved a rights issue in the amount of CHF 15 billion as proposed by the board of directors. The rights issue is fully underwritten by a syndicate of banks led by J.P.

Morgan, Morgan Stanley, BNP Paribas and Goldman Sachs International (the "Joint Bookrunners"). Bär & Karrer acted as Swiss legal advisor to the Joint-Bookrunners. The team comprised partner Thomas U. Reutter and associates Sten E. D. Rasmussen and Benjamin Bloch (not yet admitted). The Joint Bookrunners were advised by Davis Polk & Wardwell as to US law. UBS AG was advised by Homburger as to Swiss law and by Sullivan & Cromwell LLP as to US and German law.

For more information please visit   

Legal Developments by:
Bär & Karrer Ltd.

Legal Developments in Switzerland

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to