Suchergebnisse für Verantwortlichkeit des Verwaltungsrates

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.

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…

Kantonalbanken im Spannungsfeld von Political Governance und Corporate Governance

Like the other banks, the cantonal banks are facing the challenges of increasing regulation, digitalisation and the persistently low interest rate environment, and are exposed to the accompanying competitive and margin pressure. They have to virtually reinvent their business models and themselves in order to secure their positions as future-oriented financial service providers in their regions…

Insichgeschäfte von Mitgliedern des Verwaltungsrates

Die börsenkotierte Z. AG (Beschwerdegegnerin) hält in ihren Statuten fest, dass der Verwaltungsrat aus drei oder mehr Mitgliedern besteht. Dieser kann die Geschäftsführung nach Massgabe des…

Relationship Agreements zwischen Vertragsfreiheit und zwingendem Aktienrecht

Relationship agreements between listed companies and large shareholders have gained in popularity over the past years. Relationship agreements cover such topics as the shareholder’s representation on the board of directors, voting at shareholder meetings, the shareholder’s right to receive information from the company, and exit provisions (e.g., lock-up and standstill undertakings). From the…

Keine stillschweigende Verlängerung von Verwaltungsratsmandaten

Die B. AG (Gesuchstellerin, Beschwerdegegnerin) bezweckt die Vermarktung von Rohrverbindungs­elementen im Bereich der Fernwärme und Klimatechnik, im Anlagenbau sowie in der Gas- und Ölindustrie. Zur…

Corporate Governance et liberté d’organisation

The question of limits to contractual freedom in corporate law is intensively discussed in connection with corporate governance. In that context, the tension between authority and accountability of the board of directors and the best way to address this issue in corporate law are two of the most controversial topics. Over these last years, the trend in almost all jurisdictions has been to…

Interessenkonflikte unter dem neuen Aktienrecht

As every person, board members and managers have or represent interests. It is unavoidable and nothing «evil» that these interests may sometimes not be aligned with the interests of the company they serve. However, if not properly dealt with, conflicts of interest may become a problem harming the company. As part of the 2020 revision of corporate law, the Swiss parliament has adopted a new art…

Das Gesellschaftsrecht 2020/2021 Le droit des sociétés 2020/2021

Auch dieses Jahr befassten sich die Gerichte wieder eingehend mit der Thematik der aktienrechtlichen Verantwortlichkeit und brachten einige interessante Entscheide insbesondere im Zusammenhang mit…

Aussergerichtliche Sanierung einer Aktiengesellschaft

Die im Baugewerbe tätige A. AG befand sich seit längerem in wirtschaftlichen Schwierigkeiten. Gestützt auf ein Stillhalteabkommen mit den Banken B., C., D., E. und F. verfügte sie über…