Switzerland

Heuking launches Zurich outpost

Denton Wilde Sapte’s former German network firm Heuking Kühn Lüer Wojtek is opening an office in Zurich in April.

Former Denton International firm launches in Zurich

Denton Wilde Sapte’s (DWS) former German network firm Heuking Kühn Lüer Wojtek is set to open an office in Zurich in April. This makes Heuking the second major German firm to open in Zurich, joining former Field Fisher Waterhouse ally Buse Heberer Fromm, which is also established in the city. Heuking’s managing partner Dieter Bohnert […]

Eversheds extends European footprint with Swiss association

Eversheds has formed an association with Swiss law firm Schmid Rechtsanwaelte, adding a new jurisdiction to its international network. The alliance has been branded Schmid Eversheds, with the Swiss firm’s chairman Peter Schmid heading the outpost. The inclusion of Schmid within the network means that Eversheds now has a presence in Zurich and Berne, where […]

Switzerland: hedge funds

Switzerland is slowly becoming a player in the hedge fund market, but it can do more to attract investors, says René Bösch In comparison with other countries, until recently Switzerland did not play a significant role in the hedge fund industry, except that the Swiss banks manage a huge asset basis that also seeks investments […]

XXIV Old Buildings snares Geneva head from 2 Temple Gardens

XXIV Old Buildings has ramped up its international offering with the hire of 2 Temple Gardens barrister Ian Meakin as its Geneva office head. Commercial chancery set XXIV Old Buildings has ramped up its international offering with the hire of 2 Temple Gardens barrister Ian Meakin as its Geneva office head. Meakin, who was called […]

Switzerland

Switzerland, which is traditionally viewed as an international hub for private banking, has been battling against the public impression of the country as an offshore financial centre or, worse still, a ‘tax haven’. The situation was blurred further when the International Monetary Fund declared the country (along with London) as an offshore financial centre earlier […]

Swiss court refuses Russian bid for Yukos assets

The lawyers for beleaguered Russian oil company Yukos were given a boon yesterday by Switzerland’s highest court, which denied a request by the Russian Federation to access key bank documents. In a press conference today, Yukos’ litigator Bob Amsterdam of Amsterdam & Peroff claimed the decision by the federal court was one that considered “the […]

Top Swiss firm in five-partner expulsion row

One of Switzerland’s largest firms, Pestalozzi Lachenal Patry, is locked in a dispute with a member of the group of five partners expelled last year over strategic and management differences. Tax partner Marcus Desax, now at Swiss rival Walder Wyss & Partners, initiated conciliation proceedings before the Zurich Bar Association on 9 January, claiming the […]

Citibank denies largest fraud in Swiss history

Citibank has instructed one of Switzerland’s best-known law firms to defend it in what has been dubbed the biggest alleged fraud in Swiss private banking history. Niederer Kraft & Frey will represent the bank later this year against a reclusive German millionaire who is suing for damages after attempts to reach a settlement failed. Peter […]

Switzerland

Switzerland is traditionally viewed as an international hub for private banking. More than a third of worldwide private assets are estimated to be managed out of Swiss banks. Although the country’s appeal as a haven for wealthy individuals has been eroded in recent years as a reuslt of international pressure to combat money laundering, this […]

Richards Butler signs association with Swiss firm

UK firm Richards Butler and Swiss law firm Chabrier & Partners (Geneva) have signed an agreement to form an association. The purpose of this arrangement is to exploit each firm’s expertise in international trade and energy. Switzerland and, in particular, Geneva is a major business centre for commodity and energy trading and trade finance and […]