Suchergebnisse für responsabilité du conseil de fondation

Das schweizerische Bankprivatrecht 2022 | Le droit bancaire privé suisse 2022

Die Rechtsprechung zum privaten Bankrecht skizziert jeweils die neusten Entwicklungen in der richterlichen Rechtsfortbildung. Tatsächlich führen uns viele Entscheide aber auf eine Reise in die…

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…

Sustainable Purpose-Driven Enterprises

Social enterprises (in a broad sense), including those launched by social (or sustainable) entrepreneurs (or Sustainable Purpose-Driven Entities) are important players to achieve the Sustainable Development Goals (SDGs). Developing a legal framework that allows them to prosper has been a priority of the European Commission since 2010. These entities have recently been endorsed by the United…

Das Gesellschaftsrecht 2022/2023 | Le droit des sociétés 2022/2023

Im berücksichtigten Zeitraum vom 1. April 2022 bis zum 31. März 2023 wurden wenige Urteile gefällt und nur ein Bruchteil davon wurden veröffentlicht bzw. zur Veröffentlichung vorgesehen. Trotzdem…

Das schweizerische Bankprivatrecht 2022 | Le droit bancaire privé suisse 2022

Die Rechtsprechung zum privaten Bankrecht skizziert jeweils die neusten Entwicklungen in der richterlichen Rechtsfortbildung. Tatsächlich führen uns viele Entscheide aber auf eine Reise in die…

Marge de fluctuation du capital (art. 653s ss nCO) : de la sauvegarde des créanciers et des actionnaires, en particulier lors de l’acquisition par la SA de ses propres actions

As of the entry into force, on 1^st January 2023, of the revised Swiss Limited Companies Law (« Aktiengesell­schaft », « société anonyme »), the margin of fluctuation of capital (« Kapitalband », « marge de fluctuation du capital ») will allow the general assembly of shareholders to authorise the board of directors to increase or reduce the share capital within a certain interval during a maximum…

Le droit des sociétés 2021/2022 / Das Gesellschaftsrecht 2021/2022

Cette année, le Tribunal fédéral a eu l’occasion de se prononcer sur des questions dont on peut s’étonner qu’elles se posent pour la première fois à lui, compte tenu des discussions qu’elles ont…

Le droit bancaire privé suisse 2021 / Das schweizerische Bankprivatrecht 2021

Au moment où nous écrivons ces lignes, la Russie envahit l’Ukraine. L’Union européenne et les États-Unis ont adopté de nouvelles sanctions contre plusieurs centaines de personnalités liées au régime…

Le rôle du représentant indépendant des actionnaires en droit suisse de la société anonyme, notamment à l’aune de la législation COVID et des assemblées générales virtuelles du nouveau droit

The independent proxy emerged in Swiss company law a few years ago through the back door of the Minder initiative (Article 95 Federal Constitution). This constitutional provision was then implemented by the Ordinance against Excessive Remuneration in Listed Companies Limited by Shares (ORAb), which has been in force since 1 January 2014. Its institution has been given a new lease of life with the…

Intelligence artificielle: licence libre et gouvernance collective des données à travers l’altruisme des données et les data trusts

Data access is central for the development of Artificial Intelligence (AI). Data may be however subject to a multitude of rights and actors (e.g. copyrighted works or personal data posted on social media or collected through captcha and used for AI training purposes), leading to a fragmented legal framework and legal frictions. This contribution explores how to apply open and free licenses to all…

Sociétés hybrides, entreprises sociales, B-Corp: Le droit suisse est-il approprié?

Entrepreneurs have to increasingly navigate in a world where they cannot ignore their accountability towards the SDGs and society in general. Companies in fact are expected to consider the interests of all stakeholders, and management is required to adopt a long-term and sustainable vision, in which making profits goes hand in hand with the necessity to create a positive impact. This trend is…

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…

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…

Das schweizerische Bankprivatrecht 2020 | Le droit bancaire privé suisse 2020

Das Jahr 2020 war in vielerlei Hinsicht aussergewöhnlich. Demgegenüber bewegen sich die Entscheide zum privaten Bankrecht, die in diesem Jahr gefällt wurden, zu einem Grossteil im Rahmen des…

Entrepreneuriat et incapacité: responsabilité illimitée et direction de sociétés

The contribution focuses on persons under an adult protection measure that deprives them (totally or partially) of civil capacity (legal capacity). The authors consider that the need for protection of these persons is incompatible with any status involving unlimited liability for debts related to a going concern as well as with the functions of a manager of a commercial company. This…

Le fonds de placement contractuel immobilier et la Lex Koller

This contribution discusses the treatment of Swiss real estate funds under the Lex Koller. It explains that for­eigners (in the meaning of Lex Koller) may acquire fund’s units and/or shares or participation certificates in the capital of the fund management company (up to full holding) without a Lex Koller authorization. The analysis takes into account the consequences of such purchases on future…

Le droit des sociétés 2017/2018 / Das Gesellschaftsrecht 2017/2018

Au cours de l’année écoulée, en plus du point final porté à l’affaire Sika (1.), un certain nombre de décisions se sont distinguées. Le Tribunal fédéral est revenu sur l’exorbitance des conventions d…

Propositions pour un trust suisse

New voices, including in Parliament, are now calling for the adoption of the trust as an institution of Swiss law. This would provide Swiss residents with a much-needed vehicle for estate planning and structuring. It would also improve the legal certainty and robustness of very common business transactions. Notably it would allow lawyers, notaries and other professionals to protect their clients’…

Digitalisation dans le domaine bancaire et aperçu des risques juridiques

There is today a strong trend towards digitization in the banking sector in line with the constant development of new technologies. Swiss legislation authorizes online bank account opening processes and can be seen as pretty liberal in terms of reception and recording of banking documentation in electronic form. In this context, Swiss banks may be interested to evaluate the feasibility of, and…

Le droit bancaire privé suisse 2017 / Das schweizerische Bankprivatrecht 2017

Les services d’investissement (intermédiation sur le marché des capitaux et le marché monétaire) ont une telle importance dans le débat sur la place financière suisse qu’on oublie souvent de rappeler…

Numérisation et registre du commerce

From the point of view of the competent authorities, paperless keeping of the commercial registry has long been a reality. All necessary tools for electronic filing by the users also exist. However, such form of communication remains optional, and experience shows that paper filings remain the norm. In the absence of a statutory obligation, the situation is not likely to change until innovative,…

Le régime de responsabilité civile en matière d’émissions publiques de jetons digitaux (ICO)

Initial Coin Offerings (ICOs) consist of an innovative form of capital raising. In the digital era, it has become technically possible to raise substantial funds within a very short period of time. This paper analyses the civil liability regime applying to misrepresentations communicated to investors acquiring tokens in an ICO. Pursuant to the prospectus liability provisions of the Swiss Code of…

Les avantages (statutaires) particuliers de l’art. 628 al. 3 CO : ­une alternative méconnue aux conventions d’actionnaires

Swiss Company Law provides for a «one size fits all» form of limited by shares companies. The underlying idea is that the articles of association can be customized in order to fit the needs of each particular case. On the other hand however flexibility is limited, in particular due to the fact that besides payment of an emission price for their shares, the articles of association cannot put any…

Das Gesellschaftsrecht 2016/2017 / Le droit des sociétés 2016/2017

Im vergangenen Jahr stachen neben dem Fall Sika vor allem eine Reihe von Urteilen zum Verantwortlichkeitsrecht ins Auge. Diese bestätigen einerseits die klärende neuere Rechtsprechung zur Business…

L’ouverture de la faillite : situation actuelle et mise en perspective

This article presents the opening of Bankruptcy Procee­d­ings under Swiss law and especially the problem of the costs. Bankruptcy Proceedings against legal entities are normally initiated without prior enforcement proceedings. According to 725 II CO, the board of directors has a legal duty to notify the court in the case of overindebtedness. In this case, the payment of an advance is not…