Wicki Partners AG assisted Olma Messen St.Gallen cooperative in its transformation into a public limited company

Last Friday, April 28, 2023, was a historic day for the Olma Messen St.Gallen Cooperative: the Cooperative Assembly unanimously approved the transformation of the tradition-steeped cooperative into a forward-looking, agile public limited company.

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Wicki Partners AG is Top Law Firm 2023

In the Bilanz Ranking 2023, Wicki Partners AG was once again named TOP law firm in Switzerland, confirming its positioning as a specialized commercial law firm. From over 25,000 recommendations from clients and colleagues, the Handelszeitung, in cooperation with Statista, selected the best law firms.

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Fines in the new data protection law - up to CHF 250,000.00 possible for private individuals

Can a web designer be liable to prosecution in the future when creating websites? Is the office employee responsible for data protection information? Will online store operators have one foot in the door for fines in the future? This article provides answers to questions about the new data protection law.

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Inheritance law revision for business succession

In its dispatch of June 10, 2022, the Federal Council submitted to Parliament its bill to amend the Swiss Civil Code with the aim of facilitating succession within the family. This is because the transfer of ownership of a company under inheritance law currently raises numerous problems that can be associated with negative consequences for the company, but also for the labor market and the national economy in general...

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Recommendations for startups and founders

At the beginning of February 2023, our IT lawyer Sven Kohlmeier answered questions on the panel of the "Swiss Startup Conference" at Trust Square near Paradeplatz in Zurich, Switzerland. Together with Tonia Zimmermann, co-founder of UMushroom, and Michael Dudli, founder and CEO of Xelon, they gave very practical advice for Swiss startups. Nearly 500 participants were present to exchange ideas and network.

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What follows 2022? The year 2023 and various legal changes

The turn of the year is not only the opportunity to review the previous year or to prepare and perform the legal obligations such as the preparation of the balance sheet and income statement. The turn of the year is also always a preview of the legal changes that are to come in the new year. It is one of the duties of every business owner, board of directors or managing director to be aware of legal changes and to carry out any necessary risk assessments or to initiate measures to implement legal requirements. We would like to give you an overview of the legal changes - many times we have reported on them in detailed articles during the year. You can find everything in compact form here.

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Due diligence and reporting obligations for companies - practical guide "in a nutshell

On January 1, 2022, the provisions came into force which provide for a reporting obligation of companies on non-financial matters(Art. 964a et seq. CO) as well as due diligence and reporting obligations in the areas of conflict minerals and child labor(Art. 964j et seq. CO). Our overview shows you who is specifically subject to due diligence and reporting obligations in Switzerland and what the new provisions actually mean for their addressees.

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Discussion of the ruling: Right to information under the DPA for the purpose of clarifying one's own litigation prospects - extension to employment law matters?

In ruling BGer 4A_277/2020, the Federal Supreme Court ruled that the assertion of the right to information under Art. 8 DPA for the purpose of clarifying the prospects of litigation is an abuse of rights and must therefore be rejected. The question arises as to how this decision will affect areas other than corporate law, namely employment law disputes.

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The partially revised Money Laundering Ordinance-FINMA was published

In connection with the revision of the Anti-Money Laundering Act, the Swiss Financial Market Supervisory Authority FINMA has partially revised the Money Laundering Ordinance-FINMA. It will enter into force at the same time as the revised Anti-Money Laundering Act on January 1, 2023. The amendments take into account the most important recommendations of the country report of the Financial Action Task Force (FATF).

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Data protection law review | Part 3: Cyber attack - the right response counts

Cyber attacks on corporate and administrative data are regrettably part of everyday life in the age of digitalization. Often, the public and the people affected either do not learn about such incidents at all or learn about them very late, partly because they fear damage to their reputation. However, it is essential to respond appropriately to such cyber attacks.

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Revision of Stock Corporation Law | Part 4: Implementation of Art. 95 para. 3 BV in the Revision of Stock Corporation Law

On March 3, 2013, Article 95 (3 ) of the Swiss Constitution was incorporated into the Federal Constitution as part of the popular initiative "against rip-offs". The provisions in Art. 95 Para. 3 BV are not directly applicable and identify themselves as mandates to the legislator. Until the implementation of the mandates in the Code of Obligations(CO) as well as in the Criminal Code(SCC), the Federal Council has issued the Ordinance against Excessive Compensation in Listed Stock Corporations(VegüV) as a transitional provision as of January 1, 2014. This article shows in detail how the regulations are implemented in the CO and whether there is a need for action for the stock corporations.

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Wicki Partners at international conference on cybersecurity

Sven Kohlmeier spoke at the conference about Cybersecurity Best Practices and Considerations in the Time of Covid. In particular, attacks with so-called ransomware (blackmail Trojans, crypto-Trojans, extortion software) pose a considerable threat, especially for companies. Especially in times of home office and teleworking, basic cyber security measures must therefore be observed.

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