Am 04. Dezember 2018 ab 18:00 findet der Homburger Apéro für Studentinnen und Studenten der Studienrichtungen Rechtswissenschaften und BWL statt. Das Praxisteam Tax freut sich, in diesem Rahmen Einblicke in die Tätigkeit einer der führenden Wirtschaftskanzleien zu gewähren und die Bereiche Corporate Tax sowie Private Clients näher vorzustellen.
The discontinuation of LIBOR as of the end of 2021 is foreseeable. At the same time, for lack of suitable alternatives LIBOR is still the dominant reference rate in the Swiss retail lending market for floating rate borrowings. As a result, Swiss banks active in the mortgage lending market already now face the challenge to provide for a transition to a successor rate when entering into new contracts. And the same challenge exists generally, both in the retail and the institutional market.
Homburger partners René Bösch and Benedikt Maurenbrecher have developed an idea how a LIBOR successor clause could look like for the Swiss retail lending market. The aim was to craft a simple, easy-to-read clause for retail clients that provides for a fair transition to a successor rate. The clause is embedded in well established principles of Swiss law.
The attachment contains the proposed clause, together with a few underlying considerations, which have been presented by René Bösch and Benedikt Maurenbrecher to the National Working Group on Swiss Franc Reference Rates on October 31, 2018 – in German and French, with an English translation.
This news release and the attachment, including the clause, constitute neither advice nor a recommendation, but are solely made for the purpose of informing about the work of Homburger in this area.
November 8, 2018
At this year's Who's Who Legal (WWL) award ceremony, held on May 8, in London, René Bösch was awarded "Capital Markets Lawyer of the Year" for the second time.
Based on their in-depth research with law firms and clients, WWL annualy identifies and awards individuals and firms that have performed exceptionally from 34 practice areas, and other disciplines and recognitions.
René Bösch is a partner at Homburger since 1998 in both the Capital Markets and the Banking and Finance teams. An expert in capital market transactions and financial markets regulation, he is particularly focused on debt capital market transactions and the structuring of equity-linked and regulatory capital instruments.
At the 19th annual IFLR European Awards on April 19, 2018 in London, Homburger received the award for "M&A Deal of the Year" for advising ChemChina in its acquisition of Syngenta. The award honors Homburger's involvement in one of the most complex M&A transactions of the year 2017.
In addition to winning this award, Homburger was also shortlisted in the same category for advising Johnson & Johnson in its acquisition of Actelion.
The International Financial Law Review (IFLR) recognizes annually the most innovative international legal deals of the past year and the respective firms.
DSAT, a new tool permitting companies to self-assess their data protection compliance under the upcoming EU General Data Protection Regulation (GDPR) and revised Swiss Data Protection Act (based on the current draft) has been released. Developed by Homburger counsel David Rosenthal with selected clients, it is now been made available to the public for free on its own website www.dsat.ch. Homburger associates Luca Dal Molin and Giulia Boccadoro assisted in its creation. Further content is to follow. In the first two days online it already recorded over 1'000 downloads. The editorial board is formed by David Rosenthal and David Vasella (Walder Wyss).
More resources on data protection: www.homburger.ch/dataprotection
At the 14th annual Managing IP – Global IP Awards on March 8, 2018, Homburger received the award for "Switzerland – IP Transactions & Advisory Firm of the Year 2018". Representing Homburger's IP | IT team, partner Andri Hess as well as associates Luca Dal Molin and Roman Perrig received the award at the ceremony in London.
The awards recognize outstanding intellectual property work by law firms around the world. Managing Intellectual Property is one of the leading sources of news and analysis on intellectual property developments worldwide. The respective magazine has been issued by independent legal publisher Euromoney Legal Media Group for over two decades.
For the second year, WWL shines the spotlight on the pre-eminent lawyers aged 45 or under at the end of 2018, who the market considers to be the future leaders of the arbitration profession. The research covers law firms and independent practices, a total of 522 individuals with exemplary standing as arbitrators and counsel.
In the Europe – Non-Partners section of the analysis, two of our lawyers are ranked as "Most Highly Regarded".
Winner of this Europe-wide section is counsel Melissa Magliana who is considered "the very best young arbitration practitioner in Switzerland" and impresses peers with "her incredible ability to find the ideal middle ground between utmost legal precision and a sensible, practical approach".
In tenth place, associate Stefanie Pfisterer is mentioned, who is stated a "technically brilliant" lawyer with vast experience before both Swiss and international tribunals.
Two further associates are listed as Future Leaders, Mladen Stojiljkovic and Simon Vorburger.
The full analysis can be found here.
On February 19, 2018, Asia Business Law Journal’s 2017 "Deal of the Year Award" was awarded to Homburger for the takeover of Endurance by Sompo.
The winning deals have been chosen based on a number of factors, not just large monetary values. The overall significance, complexity and innovative nature of the deals were also considered, as well as the deal size and broader interests.
Asia Business Law Journal is issued by Vantage Asia, an independent business-to-business publisher based in Hong Kong specializing in the provision of high-quality business law information, analysis and intelligence to in-house counsel, lawyers in private practice and senior business managers who focus on China, India and the wider.
The Homburger team advising Sompo in this transaction was led by partner Jürg Frick (Financial Services) and comprised partner Daniel Daeniker (Corporate | M&A) and associates David Borer (Financial Services) and Mario Wälti (Corporate | M&A).
Further information can be found here.
On February 8, 2018, The Legal 500 announced that it has included René Bösch, Daniel Daeniker, Felix Dasser and Georg Rauber in their Hall of Fame.
The Hall of Fame of The Legal 500 recognizes lawyers that receive constant praise from their clients and that have been ranked top tier for seven consecutive years in The Legal 500 rankings. The Legal 500 as a part of Legalease, a provider of legal market information, analyses the capabilities of law firms across the world and publishes annual rankings based upon extensive research.
On February 08, 2018, International Law Office (ILO) and Lexology announced the winners of this year's Client Choice Awards.
David Rosenthal (counsel, IP | IT) has been announced as the exclusive winner of the IT & Internet award for Switzerland.
David Rosenthal received the award for the second time a row.
Established in 2005, Client Choice recognizes those law firms and lawyers around the world that stand apart for the excellent client care they provide and the quality of their service. The criteria for this recognition focus on the ability to add real value to clients' businesses above and beyond the other players in the market.
Law firms and lawyers can be nominated for the Client Choice Awards programme only by corporate counsel. The winners for 2018 were chosen from a pool of more than 2,500 nominations.