Direkt zum Inhalt

Wirtschaftsrecht

Schiedsklauseln in den Statuten von Schweizer Aktiengesellschaften und GmbH

The Swiss legislator clarified that the articles of associations of Swiss companies limited by shares and limited liability companies may include arbitration clauses. This note first discusses issues such as arbitrability, validity and scope of statutory arbitration clauses, i.e., issues arising in the context of arbitration clauses and arbitration agreements alike. It then discusses an issue…
PD Dr. iur. Marco Stacher LL.M., lic. iur. Sophie Plüschel-Arnold
SZW-RSDA 5/2023 | S. 515

Informationskonzept im neuen Aktienrecht

The information asymmetry between shareholders and managers calls for the implementation of an efficient information concept within stock corporations. In the course of the Swiss Stock Corporation Reform of 2020, the former information concept was partially revised. This article takes a critical look at the revised provisions and puts them in context.
PD Dr. iur. Damian A. Fischer LL.M.
SZW-RSDA 5/2023 | S. 528

Neuausrichtung des «Swiss Code of Best Practice for Corporate Governance» auf den Wandel der Zeit

The «Swiss Code of Best Practice for Corporate Governance», which was first published in 2002 and has since been revised several times, has become the most important guideline for good corporate governance in Switzerland and is widely accepted because it shows practical solutions based on expertise and experience. It compensates for its non-binding nature and lack of legal legitimacy, so to speak…

Konzernorganisationsrecht heute

The Swiss law of groups of companies is characterized by a scarcity of statutory rules, judicial pragmatism, and a flexible application of the rules by companies. Unusually, the density of statutory rules in this domain has decreased in recent years. In this article, the author summarizes the current status of the organizational law of groups of companies and takes a closer look at selected…
Prof. Dr. iur. Daniel M. Häusermann LL.M.
SZW-RSDA 5/2023 | S. 559

Das Kapitalband

The revision of the Swiss law on companies limited by shares, which came into force on January 1, 2023, introduced the capital band («Kapitalband»). This new legal institution leads to more flexibility for the companies with regard to equity financing by giving the shareholders the possibility to authorize the board of directors to increase and decrease the share capital without a prior…
Prof. Dr. iur. Karin Müller, Viviane Dettling
SZW-RSDA 5/2023 | S. 571

Les enjeux de la CSRD pour les entreprises suisses

The CSRD, which substantially expands the scope of companies forced to publish sustainability-related data, has a direct and indirect extraterritorial effect on Swiss companies. Size is not the only relevant criterion. Engaging with the EU market or with European companies can have (unexpected) implications. This worldwide impact is coupled with comprehensive and granular disclosures covering a…
Prof. Dr. iur. Giulia Neri-Castracane, Teymour Brander
SZW-RSDA 5/2023 | S. 587

Absage einzelner Traktanden einer GV oder einer GV insgesamt

Mit Schreiben vom 6. Mai 2020 lud der Verwaltungsrat (VR) der A AG (Beklagte, Beschwerdeführerin, nachfolgend: A AG) die Aktionäre zur ordentlichen Generalversammlung (GV) auf den 18. Juni 2020 ein. Es war vorgesehen, die GV gestützt auf die damals geltenden Covid-19-Verordnungen auf schriftlichem Weg durchzuführen. Dem Einladungsschreiben legte der VR unter anderem die Traktandenliste samt…
Dr. iur. Markus Vischer LL.M., Dr. iur. Dario Galli LL.M.
SZW-RSDA 5/2023 | S. 603

Editorial

Les articles du présent cahier sont consacrés à la digitalisation et l’innovation sous leurs multiples facettes. La variété des thèmes abordés reflète le caractère transversal des questions juridiques pertinentes. En ce qui concerne les domaines du droit, les contributions portent sur des aspects de droit bancaire et financier aussi bien que de droit des contrats, de la responsabilité civile, de…
Prof. Dr. iur. Aline Darbellay LL.M., Prof. Dr. iur. Cornelia Stengel, Prof. Dr. iur. Florent Thouvenin
SZW-RSDA 1/2022 | S. 1

Open Finance und Decentralized Finance – Entwicklungen in einem disruptiven Finanzmarktumfeld

The recent technological developments not only impact society in general but they also strongly influence financial markets, even in a disruptive way. Open finance and decentralized finance cause an opening of the financial ecosystem and challenge existing notions; for example, new concepts are needed for the regulation of data access/portability and of digital identity as well as for the…

Do Robots Rule Wealth Management? A Brief Legal Analysis of Robo-Advisors

What are the legal duties of robo-advisors in Switzerland? In this article, we focus on the legal framework arising from Swiss financial market law, contract law and data protection law. We also make a comparison with European law. We first explain how robo-advisors work and conclude that, contrary to what their name may suggest, they are primarily portfolio managers. As financial service providers…