Anik S. Zehnder

On the topic of exit strategy, the Zurich Chapter of the Entrepreneur's Organization hosted an exciting and worthwhile panel discussion for its members on May 11 at the offices of Bank Pictet. Our Associated Partner Guy Deillon represented Prager Dreifuss on the panel and provided information on the specific legal situation, including due diligence.

Next to him, experienced exiteers gave information about their cases: Elian Kool, Co-Founder of Netcentric (Exit 2017 to Cognizant) and Andy Schwarzenbach, Co-Founder of HITZBERGER (Exit 2017 to Migros). Jeremias Meier, Founder of Bexio AG (Exit 2018 to Mobiliar) moderated the subsequent discussion. Christian Binz from Pictet Wealth Management contributed the banking and investment perspective.

The new Data Protection Act and Ordinance will come into force on September 1, 2023. What does this mean for entrepreneurs and companies in Switzerland?

On May 16, our attorneys Dr. Rahel Nedi and Dr. Christian Schönfeld presented the essentials as part of a training event of the Swiss Startup Association at our premises.

Rahel and Christian explained the rights of the data subject on the one hand and the obligations of the data controllers and processors on the other. They also talked about data transfers, upcoming challenges, important terms and definitions to be aware of and much more.

After the presentation, there was a lively exchange of ideas over an evening aperitif. We would like to thank the Swiss Startup Association for organizing the event and all the startups that were guests of Prager Dreifuss that evening.

Admission AOS En raison des nouvelles restrictions d’admission des médecins, il devient plus difficile de reprendre un cabinet médical. Qui souhaite acheter ou vendre un cabinet ne devrait pas régler le transfert du numéro RCC, mais celui de l’admission AOS. Il appartient aux cantons de décider si et comment les admissions AOS peuvent être transférées. Un aperçu de la situation juridique actuelle.

Urs Feller and Marcel Frey discuss the new provision on the privilege of inhouse counsel that will come into effect with the amendment of the Swiss Civil Procedure Code. In the article, they analyse the prerequisites that need to exist for inhouse counsel to invoke confidentiality and what effects this may have on compliance.

Urs Feller and Martin Heisch have published the Swiss chapter in the 2023 edition of the Chambers Europe practice area overview on litigation. The article focuses on the newly adopted article 697n of the revised Swiss Code of Obligations, which expressly allows Swiss corporations to include arbitration clauses in their articles of association. From a litigation perspective, this is a key element of the revised Swiss corporate law. Besides providing an overview of the main features of the new law, the authors also discuss the extent to which statutory arbitration clauses may contribute to a more efficient enforcement of corporate law matters.

Premiere of the UZH Law Firm Day at the Faculty of Law on Rämistrasse: At the invitation of the Ius Alumni Association, around twenty law firms presented themselves and the career paths in the legal profession.

Verena Morscher, Rahel Nedi, Lydia Buchser and Marcel Frey from Prager Dreifuss had intensive conversations with many law students – and were pleased about the lively interest in the profession. An important topic: How does an internship at Prager Dreifuss work, what experience can one gain as a trainee? More information is available here.

Many thanks to the motivated participants and to Homburger colleague Jürg Frick for the smooth organisation.

Prager Dreifuss' insurance team is described as "highly skilled and very dedicated". According to Legal 500, it belongs to the "Top Tier" category of Swiss insurance lawyers.

Guest commentary by Marino Baldi and Felix Schraner. Marino Baldi is Of Counsel at Prager Dreifuss; Felix Schraner is Partner at Ixar Legal AG.

An American law professor makes a proposal on how a withdrawal in panic of bank deposits could be curbed

In the 2023 edition of the InDepth Feature: Bankruptcy & Restructuring, Daniel Hayek and Mark Meili provide an overview of the current economic situation in Switzerland and the latest trends in bankruptcy and restructuring. The authors examine how the merger between UBS and Credit Suisse may have prevented a major bankruptcy. Finally, Daniel Hayek and Mark Meili discuss their expectations on how restructuring and bankruptcy activity in Switzerland will unfold for the remainder of the year.