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    Crypto Nation Switzerland Moves Forward Fast: Swiss Government Proposes DLT-Uncertificated Rights with Securities Nature
    2019-03-29

    After publishing a very comprehensive report on distributed ledger technology (DLT) and blockchain in last December, the Federal Council initiated during its meeting on 22 March 2019 the next step by a public consultation on the adaptation of specific federal law provisions to developments in DLT and blockchain. This further underlines the emphasis of the Federal Council on creating the best possible framework to allow Switzerland to establish itself as a leading, innovative and sustainable location for fintech and DLT companies.

    Filed under:
    Switzerland, Banking, Insolvency & Restructuring, IT & Data Protection, White Collar Crime, MLL Legal Ltd, Blockchain, Fintech, Debt collection
    Authors:
    Reto Luthiger , Alexander Vogel
    Location:
    Switzerland
    Firm:
    MLL Legal Ltd
    Federal Council proposes several changes to financial market regulations
    2019-04-05

    Introduction

    On 8 March 2019 the Federal Council initiated a consultation on a partial revision of the Banking Act, in particular regarding the:

    Filed under:
    Switzerland, Banking, Insolvency & Restructuring, MLL Legal Ltd, Deposit insurance
    Authors:
    Alexander Vogel , Reto Luthiger
    Location:
    Switzerland
    Firm:
    MLL Legal Ltd
    New rules for reorganising financially distressed companies
    2019-04-12

    Introduction

    On 23 November 2016 the Federal Council presented a bill to modernise Swiss company law, including a reform of the corporate restructuring rules which sought to create incentives for financially distressed companies to take necessary actions at an early stage and thus avoid insolvency and bankruptcy proceedings.

    Filed under:
    Switzerland, Company & Commercial, Insolvency & Restructuring, Pestalozzi Attorneys at Law
    Authors:
    Beat Mumenthaler , Alain Muster
    Location:
    Switzerland
    Firm:
    Pestalozzi Attorneys at Law
    Crypto Nation Switzerland Moves Forward Fast: Swiss Government Proposes DLT-Uncertificated Rights with Securities Nature
    2019-04-22

    After publishing a very comprehensive report on distributed ledger technology (DLT) and blockchain in last December, the Federal Council initiated during its meeting on 22 March 2019 the next step by a public consultation on the adaptation of specific federal law provisions to developments in DLT and blockchain. This further underlines the emphasis of the Federal Council on creating the best possible framework to allow Switzerland to establish itself as a leading, innovative and sustainable location for fintech and DLT companies.

    Filed under:
    Switzerland, Banking, Insolvency & Restructuring, IT & Data Protection, White Collar Crime, MLL Legal Ltd, Blockchain, Money laundering, Fintech
    Authors:
    Alexander Vogel , Reto Luthiger
    Location:
    Switzerland
    Firm:
    MLL Legal Ltd
    Zugriff auf Daten im Konkurs: Bundesrat plant Neureglung des SchKG
    2019-04-27

    Der Bundesrat ist bestrebt, die Schweiz auf die digitale Zukunft vorzubereiten, wozu insbesondere Anpassungen der Rechtsordnung an die aufstrebende Blockchain und Distributed Ledger Technologie (DLT) gehören. Auf die Veröffentlichung eines umfassenden Berichts zu dieser Thematik im Dezember 2018 folgte am 22. März 2019 eine Vernehmlassungsvorlage mit dem Titel „Anpassung des Bundesrechts an Entwicklungen der Technik verteilter elektronischer Register“. Darin schlägt der Bundesrat die Anpassung verschiedener Gesetze vor, u.a.

    Filed under:
    Switzerland, Insolvency & Restructuring, IT & Data Protection, Litigation, MLL Legal Ltd
    Authors:
    Lukas Bühlmann , Michael Reinle
    Location:
    Switzerland
    Firm:
    MLL Legal Ltd
    Vernehmlassung zu DLT
    2019-06-30

    Die Digitalisierung ist eine die wichtigsten Treiber von Innovation und von entscheidender Bedeutung für die Wettbewerbsfähigkeit der Schweizer Volkswirtschaft. Zu den vielversprechendsten Entwicklungen gehört die Distributed Ledger Technologie (DLT).

    Der Bundesrat hat im März 2019 die Vernehmlassung zur Anpassung des Bundesrechts an die Entwicklungen der DLT eingeleitet und einen vorläufigen legislativen Vorschlag für ein neues Bundesgesetz zur Änderung von Bundesgesetzen im Lichte der Entwicklungen zur DLT ("Vernehmlassungsentwurf") sowie einen erläuternden Bericht vorgelegt.

    Filed under:
    Switzerland, Banking, Insolvency & Restructuring, IT & Data Protection, MME Legal Tax Compliance
    Location:
    Switzerland
    Firm:
    MME Legal Tax Compliance
    Securitisation transactions: avoidance actions under DEBA
    2019-07-02

    Introduction

    Filed under:
    Switzerland, Insolvency & Restructuring, Litigation, Securitization & Structured Finance, Walder Wyss Ltd, Debtor
    Authors:
    Johannes A Bürgi , Elisabeth Moskric
    Location:
    Switzerland
    Firm:
    Walder Wyss Ltd
    Ungerechtfertigt betrieben - was nun?
    2018-12-12

    Mit einer Änderung des Schuldbetreibungs- und Konkursgesetzes (SchKG) per 1. Januar 2019 sollen Personen, die grundlos oder missbräuchlich betrieben wurden, besser geschützt werden. Konkret wird ein neues und einfaches Verfahren eingeführt, mit welchem man sich gegen ungerechtfertigte Eintragungen im Betreibungsregister wehren kann. Folgender Beitrag vermittelt einen allgemeinen Überblick über die wichtigsten Rechtsbehelfe, die einem zu Unrecht Betriebenen ab dem 1. Januar 2019 zur Verfügung stehen.

    Betreibungsverfahren in der Schweiz

    Filed under:
    Switzerland, Insolvency & Restructuring, Wenger Vieli Ltd
    Authors:
    Pascal Honold , Daniel P. Oehri
    Location:
    Switzerland
    Firm:
    Wenger Vieli Ltd
    Changes to Swiss debt enforcement and bankruptcy law effective January 2019
    2018-12-18

    On 1 January 2019, certain changes to Swiss debt enforcement and bankruptcy law will enter into force. The revised law aims to offer better protection for debtors against unjustified debt enforcement steps and to facilitate the recognition of foreign bankruptcy proceedings.

    Restriction on disclosure in debt enforcement register

    Filed under:
    Switzerland, Insolvency & Restructuring, Bär & Karrer
    Authors:
    Dr. Luca Jagmetti , Christoph Neeracher
    Location:
    Switzerland
    Firm:
    Bär & Karrer
    Good to know: As of 1 January 2019 numerous forms of relief for crossborder bankruptcies and insolvencies will become effective in Switzerland.
    2018-12-31

    Starting point

    Filed under:
    Switzerland, Insolvency & Restructuring, Litigation, Walder Wyss Ltd, UNCITRAL
    Authors:
    Michael Cartier , Dominik Hohler , Christoph Stäubli
    Location:
    Switzerland
    Firm:
    Walder Wyss Ltd

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