Revised Swiss Rules of International Arbitration
As of 1 June 2021, the Swiss Chambers' Arbitration Institution (SCAI) becomes the Swiss Arbitration Centre. On the same date, the revised Swiss Rules of International Arbitration will come into force. Key changes include provisions on multi-party and multi-contract proceedings and several amendments to streamline the proceedings, allowing for paperless filings and remote hearings.
How to formulate good GTC for your company?
General terms and conditions (GTC) are often perceived as cumbersome and sometimes unnecessary. However, with good GTC, your company can build good business relationships, maintain a good external image and avoid unnecessary disputes. A few simple tips and tricks should be followed when drafting GTCs.
BILANZ ranking: Lex Futura ranked top law firm 2021 in four categories incl. new top ranking in the area of "Private Equity and Venture Capital"
Lex Futura achieves the highest rating in the areas of "international law", "technology and telecommunications law" and "private equity and venture capital" and the second highest rating in the area of "compliance".
Risks of only partially paying in the subscription amount of registered shares
When founding a limited liability company [Aktiengesellschaft] or increasing the share capital, it is possible to only partially pay-in the nominal value of the registered shares. Owners of such partly paid-up registered shares are seldom aware of the consequences of a partial payment. This article is to point out the legal consequences of such partially paid up shares. .
Lex Futura advises Work Selection on its acquisition of the Eurojob Group
Lex Futura assists the Work Selection Group in the acquisition of further companies.
Simple Agreement for Future Equity or SAFE
To obtain initial financing, a Simple Agreement for Future Equity (SAFE) is quite popular in the US or Asia. A SAFE is a short standard contract under which an investor injects capital into a start-up company and receives shares in the company at a later date. The following article describes how a SAFE works and how it can be implemented in Swiss law.