Nikhil Palli (middle, left) of Palli Law Firm recently met Balthasar Wicki (right) & Dr. Hans Kuhn (left) of Wicki Partners AG for dinner. Nikhil is IR Global’s exclusive Debt & Asset Recovery member in India, whilst Balthasar is IR Global’s exclusive Corporate Law member and Dr. Hans Kuhn is our exclusive Banking & Finance member, both in […]
After almost two years of the GDPR, the fines from the regulators are starting to pile up. Buying or merging with a company that lacks proper cybersecurity, or one that is not in compliance with the GDPR becomes a considerable risk. For instance, Marriott was fined £99 million by the Information Commissioner’s Office (ICO), which is […]
The Swiss Blockchain Federation has published guidelines for issuers of digital equity and related tokens. The concise and easily understandable manual particularly helps smaller and mid-sized companies to fully leverage the issuance and trading of equity on the blockchain. The issuance of equity and other financial instruments in the form of digital tokens is seen […]
The Swiss Blockchain Federation has published guidelines for issuers of digital equity and related tokens. The concise and easily understandable manual particularly helps smaller and mid-sized companies to fully leverage the issuance and trading of equity on the blockchain. The issuance of equity and other financial instruments in the form of digital tokens is seen […]
Binfinity AG recently closed a Series A funding to propel the growth of its global digital asset exchange platform Binfinity, which opens to the global investor community today having been in stealth beta mode since August. The round was led by Eight Roads Ventures, a global proprietary investment firm backed by Fidelity; reference is made […]
The Swiss Federal Council adopted during its meeting of today, 27 November 2019, the dispatch on the further improvement of the framework conditions for distributed ledger technology (“DLT”)/blockchain. The proposal is aimed at, in principle: increasing legal certainty; removing barriers for applications based on DLT; and reducing the risk of abuse. The Federal Council emphasised […]
Tighter Regulations Needed for the Global Data Tsunami. As we enter the age of artificial intelligence and the Internet of Things, our personal data matters more than ever. By the […]
Read moreQUESTION ONE – In your experience, what are the key considerations that international clients should have the front of mind when assessing a target company for acquisition in your jurisdiction? A special feature of the Swiss market is the fact that there is hardly any financial information available for small and medium-sized or non-listed companies. […]
The Federal Law of 16 December 1983 on the Acquisition of Real Estate by Persons Abroad («FL», better known as the «Lex Koller») restricts foreign investments in Swiss real estate. All political efforts in recent years to loosen or tighten these restrictions have failed. Foreign investors in Swiss real estate will therefore, at least in […]
On 11 March 2019, Steinhoff Group (Conforama) completed the sale of production sites and of activities in Germany, Poland, Hungary, Austria and Switzerland. The Python team, who acted as lead counsel to the Steinhoff Group, included Christophe de Kalbermatten (partner) and Frédéric Paul-Reynaud (associate).
On 31 May 2019, Vima Link SA closed a financing round raising several million Swiss francs from an investment fund and strategic investors. Vima Link SA is a start-up company active in the field of artificial intelligence (see https://vima.swiss). The Python team, who acted as counsel to Vima Link SA, included Christophe de Kalbermatten (partner), Frédéric Paul-Reynaud (associate) and Benoît Lambercy (associate).
The Swiss Federal Council brings the federal act on the implementation of recommendations of the Global Forum into force, whereas bearer shares only remain permitted: if as equity securities listed on a stock exchange; or if structured as intermediated securities. On 1 May 2021, impermissible bearer shares will be converted into registered shares. The act […]
