Firms in the Spotlight Banking and finance: Zurich
Bär & Karrer Ltd.
Bär & Karrer has an established practice advising banks, securities dealers, insurance and reinsurance companies, and other financial institutions in Switzerland and around the world.View Profile...
Banking and finance: Zurich in Switzerland
Bär & Karrer Ltd. is best known for handling financing deals, derivative transactions and debt structuring, as well as banking M&A. Regulatory advice, enforcement proceedings and investigations are additional focus areas. Peter Hsu advised Tellco Vorsorge on its acquisition of private bank Dominick Company, while Rashid Bahar acted for HQLAx on the first live securities lending transaction via R3's Corda blockchain platform. Eric Stupp acted for Copernicus during the establishment of a Swiss holding company and application for a FINMA licence. Transaction partner Ralph Malacrida, internal investigation practice lead Andreas Länzlinger and fintech partner Daniel Flühmann are other names to note.
Homburger's range of services covers "too big to fail" regulations and fintech-related regulatory advice for banks, investment firms and insurers, as well as financing transactions, securitisation and financial restructuring matters. Jürg Frick handled an up to $150m senior multi-currency revolving credit facility financing transaction between client SR Technics Switzerland, lender Credit Suisse and a consortium consisting of three banks. Other highlights include Daniel Haeberli advising funds managed by Apollo Global Management on an additional facility granted to Airopack Technology by Coöperatieve Rabobank, as well as René Bösch's recovery and resolution-related regulatory advice to Credit Suisse and UBS. Practic head Benedikt Maurenbrecher and Benjamin Leisinger are also key partners.
The 'reliable and prompt' team at Lenz & Staehelin advises on financing, regulatory matters and proceedings, internal investigations and fintech projects, and has 'very good knowledge of both the Swiss market and EU developments'. Marcel Tranchet assisted Banque Internationale à Luxembourg with the transfer of a majority stake from Precision Capital to Chinese company Legend Holdings. Practice lead Patrick Hünerwadel, who is 'a master of his profession', and Patrick Schleiffer, who 'provides very helpful advice', are also noted.
Niederer Kraft Frey AG is renowned for its expertise in regulatory, financing transactions, fintech and banking litigation. Marco Haeusermann handled a €2.9bn loans portfolio disposal for Hypothekenbank Frankfurt, while Bertrand Schott acted for US-based agency Fixed Income Clearing Corporation on the regulatory conditions concerning the offering of services in Switzerland. Team lead Sandro Abegglen assists a number of major banks with the upcoming introduction of the Finanzdienstleistungsgesetz. M&A finance specialist Till Spillmann joined with three associates from Bär & Karrer Ltd. in January 2018.
The 'well-integrated and customer-focused banking and finance team' at Baker McKenzie attracts clients for 'complex transactions' and 'matters involving different jurisdictions' by 'combining in-depth legal analysis with a business-oriented mindset'. Regulatory and debt financing advice constitute additional key strengths. The 'sharp-witted' Lukas Glanzmann and 'hands-on' Samuel Marbacher 'form the perfect team'; the duo recently advised Credit Suisse on arranging an up to $150m senior multi-currency revolving credit facility for SR Technics Switzerland. Rabobank, Ambienta Capital and UBS are among its other clients.
Finance transactions, regulatory advice, as well as ancillary services in tax, dispute resolution and compliance are core areas of expertise at Pestalozzi. In recent highlights, Oliver Widmer advised GE Capital on multiple factoring transactions, and assisted Instimatch Global with drafting a new business model, which enables corporations to lend to borrowers. Urs Klöti advised Bank of America Merrill Lynch International on the implementation of a Brexit plan, involving applications for new banking and securities dealer licences.
The 'professional, responsive and reliable' team at 'well-established firm' Schellenberg Wittmer Ltd is highly regarded for its 'broad expertise in regulatory issues', while also assisting with restructurings, investments, asset management and syndicated lending transactions. Practice lead Philippe Borens advised Reichmuth Investment Management on the structuring and implementation of special purposes vehicle LokRoll. Derivatives and transactions specialist Olivier Favre, who together with Martin Lanz acts for Raiffeisen Switzerland Cooperative on group structure aspects, is also noted.
Walder Wyss Ltd hosts 'a large team of excellent professionals in banking and finance', who stand out for their 'client-focused and forward-thinking' attitude. Focus areas include lending and structured finance transactions at a domestic or international level, regulatory advice, fund management, banking M&A and representation in investigations. 'Debt finance transaction expert' Lukas Wyss assisted Deutsche Private Equity with the leveraged acquisition financing concerning the purchase of AWK Group, while 'analytical and business-oriented' Theodor Härtsch acts as a core adviser to Perusa, Helvetica Property Investors and Equatex on regulatory issues. Luc Defferrard is another name to note.
'Commercially-oriented and responsive' firm Froriep has 'a deep understanding of legal issues' and is 'capable of handling complicated transactions in a timely manner'. A particular area of expertise is banking M&A, which is complemented by regulatory and cross-financing experience. 'Consistently excellent' Dunja Koch advised JSC VTB Bank on the restructuring of a high-value secured facility agreement with Eurasian Resources Group, while team lead Catrina Luchsinger Gähwiler assisted Palmarian Group with the bond issuance financing of the acquisition of all shares in Lebara Group. Senior associate Jérôme Pidoux, who (like Koch) is based in London, is also recommended.
Meyerlustenberger Lachenal Ltd (MLL) 'consistently provides a high quality of work, combined with a practical approach towards transactions'. Fintech matters, investment funds, capital markets, anti-money laundering and regulatory advice are the key areas on the advisory side, while litigation concerning regulated entities is another focus. Practice head Dr Alexander Vogel regularly advises banks on syndicated loans in financing transactions, while Daniel Schoch acted for Spital Männedorf on its first issue and listing of a bond. Transaction partner Samuel Ljubicic, who 'is a pleasure to work with', assists start-up company Creditworld with regulatory matters.
VISCHER's banking and finance team covers banking insolvency, acquisition finance, cross-border lending, aircraft finance, regulatory advice, fintech matters and banking litigation. Practice head Markus Guggenbühl advises PricewaterhouseCoopers as liquidator of Lehman Brothers on a long-term basis, and Adrian Dörig assisted Myovant Sciences with securing flexible financing commitments worth up to $140m from Nova Quest Capital Management and Hercules Capital. Helvetia Schweizerische Lebensversicherung and Export Development Canada are longstanding clients of the practice.
Wenger & Vieli LTD provides regulatory and FINMA-related advice, as well as assisting with fintech projects including currencies and founding trade venues, and handling syndicated loans, lending and security issues and defending banks against contentious claims. In a recent highlight, Martin Hess advised Utrust Switzerland on setting up a payment system in digital currencies, involving its ICO and regulatory aspects. Bank supervisory lawyer Bignia Vieli, transaction partner Andreas Hünerwadel and litigator Georg Zondler form the core team.
Mid-sized banks, major insurance companies, securities dealers and asset managers constitute the client portfolio at Bratschi Ltd, where the team focuses on financial market and fintech regulation, as well as investment structuring and implementation. The 'experienced and very responsive' Barbara Jecklin advised UBS and an international syndicate of banks on a facility agreement for Landis+Gyr. Reto Arpagaus, Marco Rizzi and Marcel Aellen are other names to note.
Buis Bürgi AG focuses almost exclusively on banking and litigation matters. In addition to his regulatory expertise, Eric Buis also has notable strength representing clients, including foreign and domestic financial institutions, against Swiss banks. Litigator Paul Bürgi is currently acting for a foreign bank as a victim of investment fraud.
Kellerhals Carrard fields 'a business-driven, responsive, accurate and client-oriented' team, which handles asset management, regulatory issues, leasing transactions and fintech projects. Notable clients include UBS, Man Group and Deutsche Bank. Dominik Oberholzer is 'a go-to lawyer for questions on Swiss regulations, funds and asset management'. Armin Kuehne and Cornelia Stengel are also key practitioners. Blockchain expert Lars Schlichting, who is based in Lugano, joined with three attorneys from KPMG Switzerland.
LALIVE is renowned for its banking litigation practice, while also covering regulatory and compliance matters, as well as debt structuring and capital market transactions, initial coin offerings and investigation matters. Dr Simone Nadelhofer advised a multinational insurance group on regulatory issues concerning a derivative transaction with a global institution, while Matthias Gstoehl is representing a wealthy individual in a loss claim against the subsidiary of a Swiss bank. Dr Daniel L Buhr, who specialises in investigations and compliance management, is another key name. André Brunschweiler made partner in January 2018.
Prager Dreifuss AG is best known for advising investors and companies on project and transaction financing structures, as well as negotiating credit facilities. In a recent highlight, Andreas Moll advised a foreign insurance company on the accession of several group companies with Swiss branches to an existing facility agreement. Daniel Hayek, Urs Bertschinger and Matthias Bürge are other key names.
Staiger Attorneys at Law Ltd 'fully meets expectations' in banking and finance, with focus areas including regulatory aspects in private and public banking, foreign market entry in Switzerland, litigation, anti-money laundering and financing transactions. Recent highlights include its advice to Jefferies International on anti-money laundering issues concerning financial intermediaries and representing Bank Hapoalim in the US Department of Justice's request for legal assistance in criminal matters concerning Fifa. Désirée Wiesendanger and the 'pleasant and efficient' Philipp Känzig are the key partners.