Lenz & Staehelin


Lenz & Staehelin traces its roots back to two law firms founded by Conrad Staehelin in Zurich in 1917 and by Raoul Lenz in Geneva in 1951.

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Competition & Antitrust

Public contracting entities and distribution grid operators must publicly tender electricity purchases
Switzerland | 27 May 2021

In a formal recommendation, the Competition Commission has opined that Swiss public tender law applies to an electricity supply where a public contracting entity purchases electricity for its own internal consumption (eg, the supply of administrative buildings or public transport) and a distribution grid operator purchases electricity for further delivery to end customers. It is fair to say that competitive pressure among electricity suppliers will intensify in Switzerland.

New unilateral conduct rules significantly broadened
Switzerland | 01 April 2021

Parliament recently approved a counterproposal to the Fair Price Initiative, thereby revising the Cartel Act and adopting the concept of 'relative market power'. Under the new law, prohibitions previously applicable only to dominant companies will be extended to companies with relative market power. The new law also introduces a geo-blocking ban.

New law prohibits online booking platforms from using price-parity clauses
Switzerland | 18 March 2021

The new law amending the Federal Act against Unfair Competition states that unfair competition occurs if an operator of an online platform for booking accommodation services uses general terms and conditions that restrict the pricing of accommodation facilities by means of price-fixing clauses, particularly price-parity clauses. The bill has been criticised for having been initiated not in the interest of consumers, but rather in the interest of the hotel industry, thus serving individual business interests.

ComCo's assessment of state aid for COVID-19-troubled airlines
Switzerland | 11 February 2021

Unlike EU competition law, Switzerland has no actual state aid regime. However, in the area of air transport, there is an exception. Until now, this provision had little significance in practice. Due to the ongoing downturn in air transport in light of the COVID-19 pandemic and the financial difficulties resulting therefrom, this is now changing and a practice regarding its application and interpretation from a Swiss perspective is being established for the first time.

Parliament agrees on stricter concept of market power
Switzerland | 14 January 2021

Parliament is currently debating the so-called 'fair price initiative' and an indirect counter-proposal by the government, both of which aim to tighten the Cartel Act. Among other new provisions, the concept of relative market power will be introduced to combat foreclosure of the Swiss market and price discrimination against Swiss corporate customers. Both chambers of Parliament have agreed that the concept of relative market power will apply not only to suppliers, but also to customers.

Federal Administrative Court adopts broad interpretation of merger notification obligation for dominant undertakings
Switzerland | 10 December 2020

Under Swiss competition law, a proposed concentration may trigger a mandatory pre-merger notification obligation if one of the undertakings concerned has been held to be dominant, irrespective of the statutory turnover thresholds. The scope of this provision is controversial. The Federal Administrative Court has now adopted a broad interpretation of the merger notification obligation for dominant undertakings, thereby exacerbating the issues associated with this provision.

Dieselgate: Foundation for Consumer Protection suit not considered on its merits
Switzerland | 20 August 2020

While certain stakeholders consider the existing system of collective redress in Switzerland to be sufficient, it seems possible that the unsuccessful outcome of Foundation for Consumer Protection lawsuits could revive the debate on the strengthening of collective redress in the Swiss legal system, particularly in the context of the ongoing revision of the Civil Procedure Code. In the longer term, this could also lead to a facilitation of collective redress in civil antitrust law, which is currently extremely challenging.

Secretariat of ComCo advises on obligation to notify concentration
Switzerland | 28 May 2020

Under Swiss law, a proposed concentration triggers a mandatory pre-merger notification if one of the undertakings concerned has been held to be dominant, irrespective of the statutory turnover thresholds. It was previously unclear whether this criterion had to be met at the time of signing or at the time of closing. The Secretariat of the Swiss Competition Commission has now clarified this question.

COVID-19 crisis: guidelines for dealing with antitrust risk
Switzerland | 23 April 2020

Companies in a wide range of industries are facing major challenges due to the COVID-19 crisis. Such challenges include strongly increased or decreased demand, possible supply chain bottlenecks and even supply shortages. Although the situation is exceptional, antitrust rules still apply. The only exceptions are if the government and authorities order measures to combat the COVID-19 crisis that restrict competition.

Federal Supreme Court examines margin squeeze under Swiss competition law
Switzerland | 20 February 2020

The Federal Supreme Court recently confirmed that Swisscom had abused its dominant position by charging abusive prices for wholesale broadband services between 2001 and 2007. Swisscom was found to have left its competitors no possibility to gain a sufficient profit margin between the wholesale prices charged by Swisscom and their retail prices (so-called 'margin squeeze'). This was the court's first judgment where it examined a margin squeeze under Swiss competition law.

Low fine for vertical price fixing against Swiss ski manufacturer after leniency application
Switzerland | 14 November 2019

The Competition Commission (ComCo) recently fined a Swiss manufacturer of skis and other sporting goods Sfr140,000 for vertical price fixing with its dealers. The fine was rather low, as the manufacturer had filed a leniency application and entered into an amicable settlement with ComCo. This settlement decision underscores ComCo's strict approach vis-à-vis hardcore vertical agreements and sheds light on how ComCo views restrictions of selective (online) distribution in Switzerland.

ComCo reduces antitrust fines due to damages compensation paid to cartel victims
Switzerland | 26 September 2019

The Competition Commission (ComCo) recently closed its investigations into bid rigging in the construction industry and issued fines of Sfr11 million, an amount which would have been much higher had the commission not deducted the damages compensation paid by the cartelists to the victims from its claims. By introducing the possibility of compensating cartel victims for damages in antitrust proceedings, ComCo has chosen to advocate civil antitrust law to the detriment of its leniency programme.

Federal Administrative Court rules on abuse of dominant position
Switzerland | 15 August 2019

The Federal Administrative Court recently upheld a Sfr7 million fine issued by the Swiss Competition Commission in 2010 against SIX Group regarding the processing of credit and debit card payments. This long-awaited decision dealt with numerous legal questions of relevance to dominance cases; however, it is not yet final, as an appeal is pending before the Federal Supreme Court.

Secretariat of Competition Commission advises on merger filing obligation based on dominant market position
Switzerland | 30 May 2019

Under the Cartel Act, a merger filing is generally required when the relevant turnover thresholds pursuant to Article 9(1) of the act are met. However, in addition to these thresholds, the act provides for a filing obligation based on a dominant market position. As a result of legal uncertainty, a leading media group recently asked the Secretariat of the Competition Commission whether its intended acquisition of a small media agency would trigger a merger filing obligation even if the turnover thresholds were clearly not met.

Redaction of personal data in reports published by Swiss Competition Commission
Switzerland | 09 May 2019

The Federal Administrative Court (FAC) recently confirmed that the Swiss Competition Commission's decision to publish the contents of a preliminary investigation's final report must comply with the Federal Act on Data Protection and the Cartel Act. In the case at hand, the FAC held that the public interest in publishing largely prevailed over the private interest of an undertaking in maintaining its good reputation.

Federal Administrative Court rules on right to silence in competition investigations
Switzerland | 14 March 2019

In a recent bid-rigging investigation, the Federal Administrative Court held that assessing the procedural role of a witness or company representative must be based on the circumstances at the time of the interrogation. The court found that interrogation of a witness is permissible only if it concerns purely factual information that could have no direct incriminating effect on the complainant with regard to a possible violation of competition law.

Secretariat of Swiss Competition Commission advises on changes in shareholder structure of joint venture
Switzerland | 14 February 2019

The Secretariat of the Swiss Competition Commission recently issued advice in respect of Article 23(2) of the Cartel Act to two shareholders in a jointly controlled joint venture. The advice clarifies that joint control is given when the parent companies must agree on all important matters relating to the joint venture. Where several parent companies have unequal stakes in a company, minority shareholders must have a right to veto decisions that are essential to the strategic commercial behaviour of the joint venture.

Energy & Natural Resources

Public contracting entities and distribution grid operators must publicly tender electricity purchases
Switzerland | 24 May 2021

In a formal recommendation, the Competition Commission has opined that Swiss public tender law applies to an electricity supply where a public contracting entity purchases electricity for its own internal consumption (eg, the supply of administrative buildings or public transport) and a distribution grid operator purchases electricity for further delivery to end customers. It is fair to say that competitive pressure among electricity suppliers will intensify in Switzerland.

Capital cost rates for electricity supply, renewable energy production and high-pressure natural gas networks
Switzerland | 05 April 2021

The Federal Electricity Supply Act regulates the fee structure to be applied by electricity suppliers when delivering electricity to end consumers. The federal government adjusts this fee structure annually based on a pre-defined calculation method. An important element of this calculation method is the capital cost rates. The Federal Department of the Environment, Transport, Energy and Communications recently signalled that the method for calculating these capital cost rates is under review.

New transparency obligations for commodity companies
Switzerland | 22 February 2021

As of 1 January 2021, companies domiciled in Switzerland that are active in the extraction of raw materials must disclose payments to state authorities or government officials of Sfr100,000 or more per financial year. The new transparency provisions aim to foster responsible behaviour and create a uniform framework by aligning the Swiss provisions with existing standards under EU and US legislation. The new regulations will apply for the first time for the financial year 2022.

Regulatory initiatives to boost sustainable finance and transition to clean energy
Switzerland | 21 December 2020

Federal authorities have concluded that further efforts are needed for the Swiss financial sector to play its part in achieving Switzerland's climate targets, despite numerous financial institutions now holding stakes in companies that are developing clean energies and e-mobility. As such, there is a developing trend of financial institutions and products coming to the regulatory forefront in terms of energy sustainability.

ElCom points to possible danger to security of supply
Switzerland | 26 October 2020

The revision of the Electricity Supply Act is in full swing. The purpose of this revision is to adapt the act to an electricity market that has changed considerably since its introduction. The aim is to close existing loopholes in the law and to examine new regulations based on the changing conditions in the electricity industry. One thing seems certain: the revision of the Electricity Supply Act is far from complete.

ComCo decision strengthens shift towards integrated energy suppliers
Switzerland | 07 September 2020

The Swiss Competition Commission recently fined two local energy suppliers for abuse of a dominant position in the natural gas market. The suppliers' refusal to grant third parties access to their pipeline grids was qualified as an unlawful refusal to deal. This decision has already had an impact, as electricity suppliers have begun to enter the natural gas market.

ComCo opens up gas market in central Switzerland
Switzerland | 06 July 2020

The Swiss Competition Commission (ComCo) recently reviewed whether Energie Wasser Luzern Holding AG and Erdgas Zentralschweiz AG had a dominant position in the natural gas market and whether their refusal to grant grid access qualified as an unlawful refusal to deal. The undertakings ultimately concluded a consensual settlement with ComCo which – combined with the future Gas Supply Act – will likely improve competition in the gas supply market.

Strengthening of domestic renewable energies and liberalisation of electricity market
Switzerland | 18 May 2020

A consultation on the revised Electricity Supply Act has shown that a majority of people support a full market opening, but that more incentives for investment in domestic renewable energies and planning security are desired. The amendments envisaged by the Federal Council will enable Switzerland to increase electricity production from renewable energies, better integrate such electricity into the electricity market and strengthen its supply security.

New regulations on trading with natural resources
Switzerland | 24 February 2020

This article provides a non-exhaustive analysis of the legal situation regarding trading with natural resources in Switzerland, with a primary focus on new regulations and reference to foreign financial institutions. At the beginning of 2020, a new regulation came into force which also affected trading with natural resources. In general, trading in physical commodities does not require a licence, whereas trading in securities or derivatives on a commercial basis is subject to licensing requirements.

Government confirms proposal to liberalise electricity market
Switzerland | 28 October 2019

The government recently confirmed its proposal to fully liberalise the Swiss electricity market. This liberalisation will be accompanied by measures which strengthen domestic renewable energies and improve supply security. It is now up to the Federal Department of the Environment, Transport, Energy and Communications to submit a discussion paper to the government setting out the key parameters for such liberalisation and additional adjustments to be made to the Electricity Supply Act.

Linked ETSs to benefit energy-intensive industries
Switzerland | 09 September 2019

The CO2 Agreement between Switzerland and the European Union aims to link the Swiss and EU emissions trading systems (ETSs) to allow energy-intensive industries which currently participate in only the Swiss ETS to access the more dynamic EU emissions market. As under the current regime, the CO2 tax on fuels will be reimbursed to plant operators participating in the Swiss ETS at their request; however, a new exception applies to so-called 'fossil-fuel thermal power plants'.


Complying with professional conduct rules for lawyers – a balancing act
Switzerland | 08 June 2021

The Swiss Bar Association (SAV) Code of Professional Conduct contains provisions on how lawyers should interact with clients, the courts and professional colleagues. A recent Federal Supreme Court decision illustrates the forms which violations of the SAV Code of Professional Conduct can take. In this judgment, the highest Swiss court decided that such a violation can take the form of "active interference with the court's establishment of the truth".

Life sciences battlefields – hot litigation topics
Switzerland | 16 March 2021

Switzerland is home to a globally unique life sciences cluster. In a country where 33% of export goods are chemical-pharmaceutical products, it is unsurprising that patents play an important role. However, a strong patent system also needs strong enforcement means. This article provides a brief overview of the Swiss patent litigation system and highlights some trends in life sciences patent litigation.

High threshold for admission of evidence obtained by private parties in criminal proceedings
Switzerland | 03 November 2020

In principle, Swiss law does not allow audio and video recordings to be made without the consent of the persons concerned. Consequently, such materials are generally of no avail in criminal proceedings. However, in two recent decisions the Federal Supreme Court dealt with certain exceptions to this rule and confirmed a clear-cut distinction as to when such recordings should be admitted.

No review by Swiss courts of government's approach to climate change
Switzerland | 30 June 2020

The Supreme Court has held that an association of elderly women lacks standing to request the Swiss courts to review Switzerland's approach to meeting the Paris Agreement targets to mitigate the effects of climate change. The court's decision was seemingly motivated by the broad means available to individuals and groups to engage in the political process in Switzerland. The decision casts doubt on the future of climate change litigation which questions the approach taken by the Swiss government.

Applicability of clausula rebus sic stantibus to banks' refusal to release gold in kind
Switzerland | 12 May 2020

The Federal Supreme Court recently decided the fate of a contract between a bank client and his Swiss banks, which had refused to release gold from the client's bank deposit in kind. This decision prompted the court to outline the requirements for the general applicability of clausula rebus sic stantibus and its specific use in cases where a foreign mandatory law issued after a banking contract's conclusion affects the relationship between Swiss banks and their foreign clients.

Liking or sharing defamatory Facebook posts can be unlawful
Switzerland | 07 April 2020

The Supreme Court recently issued a judgment concerning 'likes' and 'shares' of defamatory posts on Facebook. The Supreme Court held that liking and sharing posts can potentially amount to punishable defamation. However, persons accused of defamation have the right to prove that such statements were true or that they could have believed in good faith that they were true, which may excuse such actions under the Criminal Code.

Broad jurisdiction for avoidance claims (actio pauliana) – also for Swiss defendants?
Switzerland | 01 October 2019

As a recent European Court of Justice opinion is likely to be adopted by Swiss legal doctrine and precedent, parties domiciled in Switzerland may be targeted by avoidance claims in another signatory state of the Lugano Convention based on a contract to which they were not a party but that was merely concluded between the debtor and a creditor.

Precautionary taking of evidence in support of current proceedings
Switzerland | 19 February 2019

Under the Civil Procedure Code, the Swiss courts usually take evidence only after the parties have fully pleaded all particulars. The taking of evidence is often preceded by multiple exchanges of written submissions; however, in certain cases, it may be unreasonable to wait until the proceedings have fully developed to take certain evidence. For such cases, Swiss law allows parties to request the so-called 'precautionary taking of evidence'. The Zurich Commercial Court recently issued a decision on one such request.

Forum running through action for negative declaratory judgment now admissible in Switzerland
Switzerland | 05 June 2018

According to a new Federal Supreme Court decision, securing an advantageous place of jurisdiction in Switzerland (so-called 'forum running') in an international dispute is of sufficient interest for an action seeking a negative declaratory judgment. This new precedent enables parties domiciled in Switzerland to anticipate foreign proceedings initiated by a counterparty by filing an action for a negative declaratory judgment to drag the case before a court in Switzerland.

Federal Supreme Court rules on when restitution duty arises and on its prescription
Switzerland | 15 August 2017

The Federal Supreme Court recently ruled on at which point the statute of limitation starts to run and what its duration should be. It found that the statute of limitation applicable to the claim for restitution was 10 years and that it started to run on the receipt of each payment by the agent. The issue of statutory interest remained undecided, but now appears much less controversial

Leading case on criminal liability of corporations for money laundering
Switzerland | 13 December 2016

The Federal Supreme Court recently clarified that the criminal liability of enterprises is not a strict liability, but rather requires proof of a criminal offence in each case. The decision defines the limits of criminal law applicable to enterprises, particularly in respect of money laundering, and clarifies that the genuine or cumulative criminal liability of enterprises is not a strict liability for organisational deficiencies.

Federal Supreme Court decides on tax deductibility of fines
Switzerland | 29 November 2016

The Federal Supreme Court has ruled that fines and other penalties of a criminal nature are not tax deductible for legal entities, as they are not deemed to be business-related expenses. Tax deductibility is granted only insofar as penalties aim at disgorging illegally obtained profits. For income tax purposes, it is essential to distinguish fines of a penal nature from those which aim to disgorge illegally obtained profits. However, the court provided no specific guidance on how to distinguish one from the other.

Termination of service contract
Switzerland | 31 March 2015

In a recent case, Land Rover terminated a service contract with an authorised garage. The garage filed for preliminary relief with the Zurich Commercial Court, requesting that the court oblige Land Rover to continue the service contract after termination. The court rejected the request, concluding that Land Rover did not have a dominant position at the after-sale level.

Court decides on controversial issue of mandate agreements and agency
Switzerland | 21 October 2014

The Zurich Commercial Court recently decided that the term 'obligation' according to the Code of Obligations not only includes specific contractual obligations, but may also apply to obligations on other legal bases, provided that they result from a legal transaction which the agent has concluded in its own name but in the interest and for the account of the principal.

Supreme Court raises independence standards for judges
Switzerland | 25 February 2014

The Supreme Court recently clarified open issues regarding the independence and impartiality of judges, specifically of a part-time judge who was a partner in a law firm. The court clarified important issues and continued its trend of raising standards of independence for judges. The decision is welcome since it outlines the importance of the right to an impartial and independent judge and enhances trust in the judicial system.

Supreme Court extends creditors' access to freezing orders
Switzerland | 07 May 2013

The Debt Enforcement and Bankruptcy Law enables a creditor to apply for an order to freeze a debtor's assets on the basis of a final enforceable title. The Supreme Court recently ruled that a foreign award without prior exequatur proceedings can constitute a final enforceable judgment, and thus under certain conditions justify a freezing order. This decision extends creditors' access to freezing orders, but does not give them free rein.

Design rights for watch cases - the risk of nullity counterclaims
Switzerland | 11 September 2012

Design infringement proceedings always carry the risk of losing the rights in a design because of a successful nullity counterclaim by the counterparty. A recent decision shows that also prior design applications by third parties, which had not been made available to the public when the party's own design was filed for application, must be considered in this regard.

SWATCH versus ICEWATCH: trademark co-existence agreements
Switzerland | 17 July 2012

The Federal Supreme Court has ruled on the appeal of Swatch Ltd, a leading Swiss watch and jewellery manufacturer, against a decision of the Berne Commercial Court to hold valid a trademark co-existence agreement between Swatch and TKS Ltd. The Supreme Court partially approved Swatch's appeal, revoked the commercial court's decision and remanded the matter to the commercial court for reappraisal.

Court assesses use of opinion poll in Oktoberfest-Bier
Switzerland | 26 June 2012

The Federal Administrative Court recently ruled on an appeal by the Munich Breweries Association against a decision of the Federal Institute of Intellectual Property (FIIP) refusing to grant trademark protection for the term 'Oktoberfest-Bier' with respect to beer in Class 32. The FIIP had held that the sign was not distinctive and needed to be kept freely available under Article 2(a) of the Trademark Act.

Supreme Court rules on possibility for CAS to remedy procedural breaches
Switzerland | 13 March 2012

The Supreme Court recently issued an interesting decision, in which it dismissed a motion to set aside an award rendered by the Court of Arbitration for Sport (CAS). This decision highlights the rule pursuant to which the CAS has "full power to review the facts and the law [and] may issue a new decision which replaces the decision challenged or annul the decision and refer the case back to the previous instance".

Supreme Court rules on the right to be heard
Switzerland | 14 February 2012

The Swiss Supreme Court has overturned a Court of Arbitration for Sport (CAS) award regarding the contribution for legal costs due to a breach of X's right to be heard. This was because the CAS had requested the parties to file written comments on legal costs but failed to set a precise deadline for the parties to file such observations, and then issued its award without giving them the opportunity to be heard in this respect.

Supreme Court rules on retrocessions in the financial industry
Switzerland | 11 October 2011

In Switzerland, the term 'retrocession' generally refers to certain forms of fee-sharing arrangement between financial intermediaries. Promoters of financial products frequently enter into agreements with other financial intermediaries whereby the fund promoter pays a retrocession to the fund distributor. The Supreme Court has now addressed the question of whether retrocession is subject to a restitution duty.

Fine imposed on taxi company for refusing to provide information upheld but reduced
Switzerland | 09 August 2011

In a recent decision the Federal Administrative Court partly rejected an appeal from a taxi company. The taxi service company was fined Sfr10,000 by the Competition Commission in 2008 for not having provided information requested by the authorities. The appeal court held that the penalty was legally justified in principle, but reduced the amount to Sfr5,000.

Right of foreign family foundation to file claim before Swiss court
Switzerland | 12 July 2011

In a recent case the Supreme Court had to decide whether a family foundation based in Vaduz, Liechtenstein, could be considered as a valid legal entity from a Swiss law perspective for the purposes of filing a claim before a Swiss court, despite the fact that the foundation's purpose was solely to provide an income to family members. The court's liberal approach has strengthened Switzerland's openness to trusts.

Supreme Court decision on public offering of collective investment schemes
Switzerland | 28 June 2011

The Supreme Court recently ruled on the interpretation of the term 'public solicitation' with regard to collective investment schemes in or from Switzerland. The decision will have a significant impact on private placement rules which are applicable to the public offering of foreign investment funds and structured products in Switzerland. It is likely that the Swiss private placement rules will undergo further developments in the near future.

Termination notice of service partner contract for motor vehicles is valid
Switzerland | 21 June 2011

The Zurich Commercial Court recently rejected interim measures sought by an authorised repairer of motor vehicles. The authorised repairer had requested the continuation of the existing service partner agreement on the grounds that the agreement had been terminated contrary to Section 17 of the Competition Commission Motor Vehicle Notice without cause and without substantiation.

Piercing the corporate veil for shareholder loans to distressed companies
Switzerland | 12 April 2011

A recent Federal Supreme Court decision emphasised the point that controlling shareholders should carefully assess all of the relevant circumstances – in particular, the relationships between the distressed company and its controlling shareholder and the likelihood of a bankruptcy in the near future – before providing additional funds to a distressed company in the form of a shareholder loan.

Federal Supreme Court rules on pledges on movable goods
Switzerland | 29 March 2011

Pledges on movable goods are a traditional form of security that is well suited to debtors that have no access to other forms of security. The most salient feature of the Swiss law on pledges is a provision that no pledge is validly constituted if the pledgor retains possession over the pledged assets. However, a recent Federal Supreme Court decision has raised practical difficulties relating to the pledge under Swiss law.

Texas hold'em a game of luck, court rules
Switzerland | 11 January 2011

The Supreme Court has overturned a ruling which classified Texas hold'em - a popular form of poker - as a game of skill. As such, the court held that games of Texas hold'em could take place only on licensed premises. The main beneficiaries of the court's decision are licensed casinos and, indirectly, the public coffers, which are swelled by the taxation of profitable casinos.

Stronger judicial control of general terms and conditions by Swiss courts
Switzerland | 14 December 2010

General terms and conditions are widely used within the Swiss banking and insurance industries. Until recently, judicial control of such terms and conditions was relatively limited. However, in several recent cases the Federal Supreme Court and the Geneva cantonal courts have ruled out certain terms and conditions on the grounds that they constitute 'unusual' provisions.

Validity of arbitration clause contained in a player entry form
Switzerland | 28 September 2010

The Supreme Court recently denied the competence of the Court of Arbitration for Sport to rule on a case in which a professional ice hockey player refused to undergo a doping test. The decision is unusual in that it sets aside an arbitral award on the basis of the lack of competence of an arbitral tribunal.

Supreme Court rules on administration of evidence and the right to be heard
Switzerland | 03 August 2010

Two recent Supreme Court decisions highlight important procedural issues related to the administration of evidence and the right to be heard. As a rule, the party willing to provide new evidence to the Court of Arbitration for Sport proceedings must inform the the court panel of its intentions as soon as possible. If the evidence is yet to become readily available, parties can apply to suspend the proceedings.

Cost allocation in shareholder claims
Switzerland | 02 February 2010

The Federal Supreme Court recently rendered a significant ruling on the issue of cost allocation in proceedings initiated by shareholders in the context of a merger which may have repercussions on comparable proceedings. As a result of this decision, purchasers that buy shares shortly before a reorganization in order to gain additional compensation risk bearing the costs risk for claims under Article 105.

Supreme Court Rules on Avoidance Actions
Switzerland | 18 August 2009

Following a landmark Supreme Court decision in 2008 in connection with the insolvency of Swissair and its parent company SAirGroup, avoidance actions have become a broadly discussed issue in Swiss doctrine. Subsequently, a considerable number of decisions have been published relating to such actions. This update summarizes the effects of these new decisions and outlines the litigation aspects of avoidance actions.

Names of Official Institutions as Trademarks: POST and SWISS ARMY
Switzerland | 17 February 2009

It is not unusual for government entities to commercialize products and provide specific services, or allow licensees to do so, while using the entities’ names as brands. In two recent cases the courts reached different conclusions regarding the trademarks used for such brands.