News

RUOSS VÖGELE wins proceedings before the Commercial Court of the Canton of Zurich on behalf of a former member of the Board of Directors to defend against claims for liability under company law asserted by a creditor in the bankruptcy of a company limited by shares. The plaintiff brought an action against the sole member of the Board of Directors and the auditors of the bankrupt and in particular charged them with delaying bankruptcy. The court dismissed the action in its entirety, in particular due to the plaintiff's failure to substantiate the alleged damage and the defendant's Board of Directors' detailed contestation of the individual positions of the asserted loss. The plaintiff is obliged to pay the court fee and to pay compensation to the defendant director and the auditors. The plaintiff accepts the judgment and waives an appeal to the Federal Supreme Court.

RUOSS VÖGELE is again listed in the ranking of the top law firms of Switzerland, published by the Swiss magazine “BILANZ”. RUOSS VÖGELE is nominated in the practice areas „Corporate Law“ and „Inheritance and Succession Law“. The ranking is based on a broad survey and interviews conducted with over 7,000 lawyers, 450 inhouse counsels, general counsels of the 500 biggest enterprises in Switzerland and clients of the law firms.

A leading Swiss family enterprise, founded more than a century ago, is transferred and sold from the third into the fourth generation of family entrepreneurs. RUOSS VÖGELE acts as legal advisor in all corporate law and contractual matters in this complex transaction.

Marcel Griesinger joined RUOSS VÖGELE in March 2019. With his professional experience in a Big4 company in Zuerich and at the university as a lecturer he strengthens our legal practice team in the areas of data privacy regulations for companies (GDPR/Swiss Data Protection Law), business law and commercial contracs as well as inheritance law. We warlmy welcome Marcel Griesinger into our team!

RUOSS VÖGELE publishes a new bulletin on improved protection against unjustified debt collection. On 1 January 2019, revised provisions of the Federal Law on Debt Collection and Bankruptcy entered into force, which enable debtors to have unjustified entries in the debt collection register deleted resp. withdrawn from the inspection rights of third parties in an uncomplicated and inexpensive procedure (available only in German).

RUOSS VÖGELE advises the buyer in an international acquisition in the automation sector on Swiss law and implements the legal due diligence in Switzerland. In this project, RUOSS VÖGELE cooperates with leading international law firms.

We are pleased to announce the promotion of Martina Kümmerli and Samuel Sauter to Senior Associates. The high quality of their legal work, their many years of professional experience and a lot of positive client feedback made this step very easy for us. Congratulations!

RUOSS VÖGELE advised and managed a legal form change of group company for a client active in the field of international logistics. RUOSS VÖGELE was also in charge of drafting the sales agreement of the restructured company.

Philippe Bächli, attorney-at-law, joined RUOSS VÖGELE in November 2018. He strengthens our legal practice in the areas of corporate law and transactions, commercial contracts and aviation. We welcome Philippe Bächli into our team!

RUOSS VÖGELE publishes a new Bulletin on the pragmatic Implementation of the FinSA and FinIA and thereby taking the relevant draft ordinances into consideration.

RUOSS VÖGELE advises a service provider in the insurance industry in the acquisition of a business project. The legal advice encompasses contract law, IP law, corporate law as well as corporate governance aspects of the new affiliate.

RUOSS VÖGELE acts as Swiss legal adviser to an international enterprise in a financing transaction according to the LMA standard. The legal advice encompasses Swiss corporate law aspects as well as Swiss security agreements. In this project, RUOSS VÖGELE cooperates with leading national and international law firms.

RUOSS VÖGELE acts as legal adviser in several aircraft financing transactions in this year. RUOSS VÖGELE is involved in the negotiation of the financing agreements, the security agreements and the related documentation.

Pascale Gola of RUOSS VÖGELE, in her function as chairperson of an ad hoc arbitral tribunal, renders together with two co-arbitrators an arbitral award in a dispute between two international parties regarding the sale and delivery of industrial equipment.

RUOSS VÖGELE advises and represents a qualified investor in a real estate transaction regarding a medium-sized shopping mall in Switzerland. Beside the legal due diligence, RUOSS VÖGELE is in charge with drafting and negotiating the purchase contracts and the financing agreements.

Emanuel Schiwow, RUOSS VÖGELE, acts as Escrow Agent in different M&A transactions in the first half of 2018. The escrow services enclose the deposits of funds serving as a security for claims arising out of the breach of representations and warranties as well as the deposit of shares.

One of the largest retail companies in Switzerland acquires a minority interest in a top-10 Swiss system-catering company. The parties intensify their cooperation as part of a newly established joint venture. RUOSS VÖGELE advises the vendors in the negotiations of the share purchase and shareholders’ agreements, joint venture documentation and satellite contracts as well as in post-closing matters and in the implementations of the new structures. RUOSS VÖGELE works closely with M & A / corporate finance consultants and tax lawyers to solve complex issues.

With regard to the entry of an investor in a major Swiss system-catering group, RUOSS VÖGELE handles the spin-off of equity stakes, the implementation of a new parent house structure, the formation of new companies as well as the reallocation of non-perimeter stockholdings and assets.

For the first time, RUOSS VÖGELE is listed in the ranking of the top law firms of Switzerland, published by the Swiss magazine “BILANZ”. RUOSS VÖGELE is nominated in the practice areas „Litigation“ and „Inheritance and Succession Law“. The ranking is based on a broad survey and interviews conducted with over 7,000 lawyers, 450 inhouse counsels, general counsels of the 500 biggest enterprises in Switzerland and clients of the law firms.

RUOSS VÖGELE represents a director against his former employer in the enforcement of claims regarding salary and shares in profits as well as in the defence against claims for damages. A settlement can be reached for all matters in dispute by way of negotiation.

RUOSS VÖGELE acts as legal adviser to buyers and sellers of private jets in different transactions in the present year. The advice encompasses the structuring of the deal, the negotiation of aircraft purchase agreements, financing agreements as well as security agreements and import/registration of the aircrafts.

RUOSS VÖGELE advises and represents an omani company, which is internationally active in several fields of business, in connection with the acquisition of a majority stake in an nationally expanding coffeehouse chain developed in Switzerland as well as with the therewith connected restructuring and drafting and execution of a new shareholder agreement.

RUOSS VÖGELE represents a Swiss trading company in court proceedings initiated by minority shareholders. A settlement can be reached. As a part of such settlement, the majority shareholder takes over all shares from the minority shareholder at favourable conditions.

RUOSS VÖGELE draws your attention to the newly published commentary on the Federal Act against Unfair Competition (Heizmann/Loacker (eds.), DIKE Publishing, 1st edition, Zurich 2018, 1532 pages, cf. http://www.dike.ch/Heizmann-Loacker-Bundesgesetz-gegen-den-unlauteren-Wettbewerb-UWG). Our Counsel Dr. Damian A. Fischer has contributed to this comprehensive piece on Swiss Unfair Competition Law with his commentary on art. 4 a-d of the Federal Act against Unfair Competition.

RUOSS VÖGELE advises an international Software Company on the Swiss legal aspects of an acquisition and integration of a competitor. The integration of the competitor takes place is several steps and requires a close cooperation with law firms in the other jurisdictions involved.

RUOSS VÖGELE represents the sellers in an M&A transaction. An innovative enterprise in the field of IT is acquired by a strategic buyer. The transaction is initiated by a few key shareholders and extended on around 30 additional shareholders via the exercise of a drag along right under the shareholders’ agreement.

RUOSS VÖGELE advises and supports a Swiss Company active in the medical field in the negotiations towards the successful signing of a Distribution Agreement with a global player, who will distribute the innovative products of the Swiss Company worldwide.

Dr. Damian A. Fischer, LL.M. (Stanford) joined RUOSS VÖGELE in October 2017. With his professional experience in a top-tier law firm in Zurich and his academic engagement at the University of Zurich he strengthens our legal practice team in the areas of banking and financial markt law, asset management/collective investment schemes, M&A/restructuring as well as corporate and commercial contracts. We warmly welcome Damian A. Fischer into our team!

Martina Kümmerli, Attorney-at-Law, joined RUOSS VÖGELE in November 2017. With her professional experience in a business law firm in Zurich she strengthens our legal practice team in the areas of litigation, corporate and commercial contracts and transactions. We welcome Martina Kümmerli into our team!

RUOSS VÖGELE defends the owner of a trading company in the foodstuff sector against claims raised under a warranty. The parties reach a settlement out of court which enables them to continue their cooperation.