Walder Wyss advises Toys‘R’Us on sale of stores

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Project Finance in Switzerland

By Thiemo Sturny Types of collateral What types of collateral and security interests are available? Under Swiss law, many types of collateral are available for securing a loan. Often a combination of different types of collateral is used. Collateral may include real estate, ships and aeroplanes, inventory and movable property, afteracquired property, securities such as […]

Federal Council offers financial assistance to online media

By Jürg Schneider, Annemarie Lagger, Christophe Gösken In view of the media industry’s ostensibly democratic and political role, the Federal Council has decided to adopt effective and feasible support measures. These measures will be implemented by adapting existing laws and incorporating online media into the scope of the Federal Act on Radio and Television. However, […]

Home Office – Financial Risk for Employers

By Ueli Sommer, Marco Bächtold In a recent decision of the Federal Court of Justice a very important question – which has been largely underestimated so far – is looked at: Which expenses of the employee in connection with the home office must be paid by the employer? Reimbursement obligation for costs of home office […]

The Securitisation & Structured Finance Handbook – 2020

By Lukas Wyss In 2018 and 2019 the public Swiss ABS market has seen a number of transactions by constant ABS issuers, such as AMAG Leasing AG, Cembra Money Bank AG and Swisscard AECS GmbH. In addition, Valiant Bank has issued a second, third and fourth tranche of covered bonds and has now covered bonds […]

Life Science Law Update

Data protection of health insured persons The Federal Council intends to clarify the use of individual data in compulsory health care insurance. New measures to combat higher costs in public health care sector In a first package, the Federal Council adopted new measures against rising costs in the public health care sector, such as a […]

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Employment Briefing – October 2019

Various briefings related to employment are covered in this article. These include: Ongoing Government consultations Employment Tribunal update Data subject access requests – do you know the rules? New laws on pregnancy and maternity discrimination on the horizon? Case Law Update – October 2019 Click to read them in detail.

How are Turnaround Executives caught by IR35?

By Robin Staunton You can’t have escaped the avalanche of articles on the extension of IR35 – the off-payroll working rules – to the private sector from April 2020 and how businesses should gear up to apply the new rules to their contractors. This legal insight specifically focuses on how IR35 bites upon Turnaround Executives […]

Landlords: Recent clarification on Scotland property law

By Lucy Harington Scotland has experienced a change in residential property law frameworks recently. In 2017, the First-tier Tribunal (Housing and Property Chamber) was introduced to deal with issues in the private rental sector. From rent or repair matters to right of entry disputes, the First-tier Tribunal helps landlords, estate agents and tenants resolve matters […]

Bid rigging, a slippery slope for snow removal companies – Romania

By Mona Banu, Darius Trusculete The Romanian Competition Council (the “RCC“) recently imposed a total penalty of EUR 1.1m on four companies for indulging in anticompetitive practices. The companies breached the competition rules by colluding to rig bids for winter road maintenance services organised by the National Company for the Management of Road Infrastructure. Besides the […]

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Dentons recruits UKME business head from RBS

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