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Freezing order: leading case Swiss Federal Court

In a leading case on 3 April 2019, the Swiss Federal Supreme Court ruled that improper novas, i.e. facts that arose before the decision of the first instance, are admissible in attachment opposition proceedings before the second...

Success in OTC-derivatives dispute before the Federal Supreme Court

On 16 September 2016, the District Court of Zurich fully dismissed the objection by the two single largest third-party creditors against the schedule of claims of Lehman Brothers Finance AG in liquidation. The Supreme Court of the...

VISCHER successfully defends its client in an ICC arbitration

In a three-party ICC arbitration concerning the financing of an international project contract, Thomas Weibel, Claudia Walz, and James A. Nickovich successfully defended their client against allegations of corruption and claims...

Appeal of creditors in OTC-derivatives dispute denied

On 16 September 2016, the district court of Zurich fully dismissed the objection by the two single largest third-party creditors against the schedule of claims of Lehman Brothers Finance AG in liquidation. The supreme court of the...

LBF successfully settles dispute

Lehman Brothers Finance AG in liquidation (LBF) successfully settled a long-lasting legal dispute with a major US American bank. The main issues were the question whether the derivatives transactions in dispute were in fact...

VISCHER wins significant third-party claim before Federal Tribunal

VISCHER, representing a major Swiss bank, has prevailed in significant third-party claim proceedings in connection with a freezing of assets in the amount of CHF 40m before the Swiss Federal Tribunal. Upholding the judgments by...

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