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SECURITY AND PRIORITIES 1. What are the most common forms of security granted in relation to immovable and movable property? Are any specific formalities required for their creation and perfection (that is, made valid and enforceable)- Wenger Plattner
Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
Following completion of the acquisition of the Lake Region Medical groupe by Greatbatch, Inc. and the renaming of Lake Region Medical into INTEGER, Greatbatch contributed in multiple capital increases own shares to Swiss-based P Medical Holding AG/INTEGER (Switzerland) GmbH, which were swapped against shares in the Irish-based Lake Region Medical Holdings Limited. The transaction was completed by a down-stream merger of P Medical Holding AG into its subsidiary INTEGER (Switzerland) GmbH.
Hospitality and food service industry company Mövenpick invests in Chinese wine wholesaler Cheers by acquiring a strategic stake. Cheers has 30 branch offices in the greater Beijing area and currently generates annual revenues of roughly three million Swiss francs. Mövenpick is a Swiss group of companies with global presence. Its core competency lies in the hospitality business, with a focus on gastronomy, hotels, wine and premium branded products.
Swiss Life Ltd has successfully placed a CHF 450 million undated subordinated bond, first callable in September 2021 (coupon until first call date: 3.75%) and a CHF 150 million dated subordinated bond with final maturity in 2046, first callable in September 2026 (coupon until first call date: 4.375%).
23 March 2016: J. Safra Sarasin Holding AG to acquire Credit Suisse (Monaco) S.A.M. and Credit SuissMit Aktienkaufvertrag vom 22. März 2016 erwarb die J. Safra Sarasin Holding AG von der Credit Suisse AG alle Aktien der Credit Suisse (Monaco) S.A.M. Der Vollzug der Transaktion steht unter dem Vorbehalt üblicher Bedingungen, einschliesslich der Zustimmung der Behörden. Der Vollzug der Transaktion soll noch vor Ende 2016 erfolgen. Mit der Transaktion würde eine der grössten Bankengruppe in Monaco entstehen.
We are delighted to announce that Theodor Härtsch has joined Walder Wyss as new partner on 21 January 2016.
In a cross-border transfer Oriflame Cosmetics Global S.A., Luxembourg has transferred certain assets to Oriflame Cosmetics AG.
The two Swiss web TV platforms Teleboy and Wilmaa entered into a joint venture arrangement. The joint venture's purpose is to coordinate the marketing activities of Teleboy and Wilmaa through a jointly held service company. Each of the joint venture partners has a 50% stake in the service company.
Background of the Reform
On March 3, 2013, the Swiss people voted in a nationwide ballot in favor of the so called “rip-off” initiative by the businessman-turned-politician Thomas Minder...
Dividing an estate can be - depending on its complexity and on the behavior of the heirs - quite complicated. Swiss Law gives a possibility to heirs and/or executors to call upon the State authorities to assist them in liquidating the deceased person's estate.