News

Subject: Litigation
Autor: Urs Feller,
Reading time: 2 Min
Paper:

An Overview of the Appeals Against FINMAs Decision to Write Off All of Credit Suisse\'s AT1 Bonds

On 19 March 2023, the Swiss Financial Market Supervisory Authority FINMA issued an order instructing Credit Suisse to write off its AT1 bonds with a combined nominal value of approximately CHF 16 billion as part of the emergency takeover by UBS. Since then, numerous appeals against this ruling have been lodged with the Federal Administrative Court. This article covers both FINMA's and the Complainants' perspective on the matter and provides an overview of the next steps of the pending proceedings.

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If you’ve ever had your own house built, you will be aware of the innumerable pitfalls that line the path of those involved. A very wide variety of skills is needed from the initial vision until the keys are handed over, and every project is different from the last. We offer many years of experience in the fields of land transactions, service and building contractor agreements and insurance for the construction and land. Our references include prominent hotel projects and complex property developments. We advise architects, engineers and planners as well as entrepreneurs, landowners, project developers and property operators.

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Label: Highlight
Subject: Corporate News
Autor: Verena Morscher-Guggenbühl
Reading time: 1 Min

Prager Dreifuss moves into new offices in Zurich

A message for our visitors: Our offices at Mühlebachstrasse 6 near Stadelhofen railway station will soon be renovated, which is why we will be moving temporarily to the vicinity of Tiefenbrunnen railway station. Please note our new address in Zurich from 11 March 2024 is at Bellerivestrasse 201, 8008 Zurich. Parking spaces for our clients will be available in the courtyard and in the underground car park.

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