Switzerland is the main offshore banking centre in the world,
with more than US$2.2 trillion, or 25%, of the world's foreign
assets under management. Furthermore, Switzerland has become the
world's number one commodity trading hub, with a global market
share estimated at 35% of oil, 60% of metals and 50% of sugar and
cereals transactions. A significant share of cross-border asset
recovery disputes therefore involves Swiss banks, financial
intermediaries, family offices and commodity trading companies, as
assets, claims and evidence lay in Switzerland. Identifying,
freezing and recovering assets and evidence in Switzerland is
complex, due to the Swiss blocking statute, banking secrecy and the
lack of discovery in civil procedure. Over the years, however,
powerful tools have been developed to successfully overcome these
obstacles. By sharing the experience of insolvency practitioners
and Swiss lawyers on the basis of recent common cases, this webinar
will present, on the
