Pre-conditions to arbitration and the FIDIC 2nd Edition
Amendments to the FIDIC 2nd Edition contracts published in November 2022 have narrowed the definition of “Dispute” to more closely align it with the pre-conditions to DAAB and arbitration proceedings...
TTBER to expire in 2026 – changes in sight?
The current 2014 TTBER, Commission Regulation (EU) No 316/2014 of 21 March 2014 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to categories of technology...
Renewable energy in Switzerland
1. Development of the renewable sector Renewable energy has become more and more important to Switzerland. Since 1990, the proportion of renewable energy to the total energy consumption has risen by 10...
Plastics and packaging laws in Switzerland
1. What is the general legislative framework regulating packaging and plastic waste in your jurisdiction? Particularly when compared to the regulations within the European Union, plastic waste and packaging...
Real estate finance law in Switzerland
A. Mortgages 1. Can security be granted to a foreign lender? Yes. Security over interests in real estate can be granted to foreign lenders.Gen­er­ally a foreign lender in favour of whom a security interest...
UK and Switzerland sign Berne Financial Services Agreement: Blueprint for...
With the signing of the Berne Financial Services Agreement on 21 December 2023, the UK and Switzerland are showing that, unlike in the EU, obstacles to the cross-border provision of financial services can be removed without harmonising legal systems.
The CBAM – what is it and how will it affect the market?
Regulation (EU) 2023/956 establishing a carbon border adjustment mechanism (CBAM) entered into force on 17 May 2023. The implementation of the CBAM has been divided into a transitional period (from 1...
CMS advises Endeavor / On Location on strategic investment in event technology...
A cross-border team from CMS has advised On Location, the Endeavor-owned leader in premium experiences, hospitality, and travel, on its strategic investment in Wiz-Team, a leading event and data management technology solution. The investment will support integration of Wiz-Team’s technology and software across the On Location portfolio, with a focus on enhancing guest registration and communication, accreditation, accommodation, and access con­trol. Already, On Location has partnered with Wiz-Team to enhance guest management services across its marquee VIP experiences, travel, and hospitality offerings, including the Olympic and Paralympic Games (for which On Location is the official, exclusive hospitality provider through to the Los Angeles 2028 Olympic and Paralympic Games), Super Bowl, and the Aer Lingus Classic. A team of CMS Zurich and London, led by partner Dr Daniel Jenny and senior associate Florian Jung (both CMS Zurich) as well as partner Nick Crosbie and senior associate Lauren Wood (both CMS London) has advised Endeavor / On Location on this trans­ac­tion.  The team further consisted of Samuel Gang (senior associate; corporate), Alexander Salamon (attorney trainee; corporate), Christian Gersbach (partner; employment), Miryam Meile (senior associate; employment), Mark Cagienard (partner; tax), Dirk Spacek (partner; IP/IT), Michelle Lindenman (associate; real estate; all CMS Zurich); Tetyana Dovgan (partner; corporate), Mariana Saienko (senior associate; corporate); Ihor Pavliukov (associate; corporate; all CMS Kyiv), Marco Casasole (partner; corporate; corporate), Francesco Capasso (Counsel; corporate), Giusy Lauro (counsel; employment; all CMS Rome), David Prync (partner; corporate), and Ségolène Regout (senior associate; corporate; both CMS Brussels).CMS ZurichDr Daniel Jenny, Partner, Corporate/M&AFlorian Jung, Senior Associate, Corporate/M&ASamuel Gang, Senior Associate, Corporate/M&AAlexander Salamon, Attorney Trainee, Corporate/M&AChristian Gersbach, Partner, EmploymentMiryam Meile, Senior Associate, EmploymentMark Cagienard, Partner, TaxDirk Spacek, Partner, IP/ITMichelle Lindenmann, Associate, Real EstateCMS LondonNick Crosbie, Partner, Corporate/M&ALauren Wood, Senior Associate, Corporate/M&ACMS KyivTetyana Dovgan, Partner, Corporate/M&AMariana Saienko, Senior Associate, Corporate/M&AIhor Pavliukov, Associate, Corporate/M&ACMS RomeMarco Casasole, Partner, Corporate/M&AFrancesco Capasso, Counsel, Corporate/M&AGiusy Lauro, Counsel, Employment CMS Brussels David Prync, Partner, Corporate/M&ASégolène Regout, Senior Associate, Corporate/M&A
Swiss Limited Qualified Investor Fund (L-QIF) available in March 2024
On 31 January 2024, the Swiss Federal Council released the final implementing provisions of the Collective Schemes Ordinances (CISO) relating to the Limited Qualified Investor Fund (L-QIF). The L-QIF...
Crypto Tax Legislation & Law in Switzerland
1. Is there a specific legislation issued for the taxation of crypto-assets or do general national tax law principles apply because the tax legislator has not regulated this so far? Currently, there...
CMS advises AEW on a participation in Partino Mobile Energie AG
AEW Energie AG has acquired a participation of 33% in Partino Mobile Energie AG and strengthens its powers in the area of e-mobility. The transaction announced in November 2023 has now been com­pleted.Partino Mobile Energie AG, with registered office in Oberentfelden, is a renowned supplier of intelligent e-mobility solutions. Special focus is made on load management for charging points and the backend to operate charging points. In cooperation with Partino, AEW has fitted intelligent charging stations to several apartment buildings.AEW has built up comprehensive competences in the area of e-mobility and is a position to offer integrated solutions ranging from carsharing (Swiss E-Car) to mobility as a service. AEW Energie AG targets an active an leading role in the e-mobility sector and seeks to invest in integrated solutions and services. To that end, AEW has already been cooperating with Partino for some time. As a consequence of this successful collaboration, the parties have agreed to joining forces even closer. The participation in Partino rounds off AEW's portfolio in the area of e-mobility perfectly."The demand for innovative e-mobility solutions increase sharply. Thanks to the participation in partino, we can expand our competences and our offering in the area of e-mobility significantly. With Partino, we are in position to implement complex projects efficiently an to offer integrated dynamic load management systems, for example for apartment buildings", says Arian Rohs, Head Mobility Solutions at AEW.A team of CMS led by Alain Raemy and Florian Jung has advised AEW on all legal aspects of this transaction.CMS SwitzerlandAlain Raemy, Partner, CorporateFlorian Jung, Senior Associate, Cor­por­ateAl­ex­an­der Salamon, Attorney Trainee, CorporateMark Cagienard, Partner, TaxDavid Schuler, Senior Associate, TaxMiryam Meile, Senior Associate, EmploymentDirk Spacek, Partner, IP/IT
"Minor revision" to be made to the Swiss Federal Supreme Court Act
BackgroundIn the years 2008 to 2013, the federal administration of justice was evaluated, leading to the identification of the following three problems: the Federal Supreme Court is overloaded, primarily...