News
IFLR - Bonus battles: Swiss court reins in EFD over Credit Suisse pay cuts
In a landmark judgment dated March 31 2025 (Case B-3655/2023), the Swiss Federal Administrative Court (Bundesverwaltungsgericht) ruled on the legality of a controversial order by the Swiss Federal Department of Finance (EFD) to cancel or reduce deferred variable compensation (‘bonuses’) of Credit Suisse employees. The court partially annulled the EFD’s order, underscoring the limits of regulatory intervention and the importance of respecting legal principles, even during systemic crises.
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Employment & Pensions
A company's employees are its most crucial resource. Employers can also ensure that they remain motivated and productive with the legal framework of the employment relationship. We advise all stakeholders in personnel issues, obtain official permits and help with regulatory matters. With our many years of experience, we offer tailor-made solutions in the HR field and during corporate restructurings. We advise our clients in the establishment of appropriate compensation structures that make them attractive employers.
Martin Heisch
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Back to Mühlebachstrasse – Prager Dreifuss Returns to Bahnhof Stadelhofen
A year with a lake view is coming to an end: After twelve exciting months at Bellerivestrasse 201, we are moving back to our newly renovated offices at Mühlebachstrasse 6 on 3 March 2025.
Our temporary relocation to Tiefenbrunnen has been an adventure – from packing boxes to enjoying the view and discovering new lunch spots. But now, we are excited to welcome our clients and visitors back to our familiar location right next to Bahnhof Stadelhofen.
Our team has handled the transition with remarkable organization and dedication, ensuring that we remained fully operational for our clients throughout the relocation and renovation. And of course, a big thank you to everyone who shared their insider tips on the best restaurants, cafés, and after-work drinks in Tiefenbrunnen – some of them may remain our favorites!
We look forward to welcoming you back at Mühlebachstrasse 6 from 3 March!