The provisions of this Act relating to mergers of companies apply by analogy to demergers of companies and to transfers of assets and liabilities involving a Swiss company and a foreign company. Article 163b paragraph 3 does not apply to the transfer of assets and liabilities.
All other aspects of demergers and transfers of assets and liabilities are governed by the law applicable to the company being demerged or to the company transferring its assets and liabilities to another legal entity.
The law governing the company being demerged is presumed to apply to the division agreement under the conditions of Article 163c paragraph 2. The same applies, by analogy, to the transfer of assets and liabilities agreement.
0 commentaries
No commentaries are available for this article yet.