A license agreement is a vital legal tool for businesses. It enables the effective use of intellectual property such as know-how, patents, trademarks, and copyrighted works—making them economically exploitable. With well-structured contractual terms, both parties benefit. Licensors and licensees can build a mutually advantageous partnership.
Startups in Switzerland usually raise early-stage funding in one of two ways: A convertible loan or an equity round. Both can get you funding, but the right choice depends on several factors. Read below for more details!
In today’s high-speed business landscape, Generative AI is revolutionizing contract drafting. Tools powered by large language models can churn out draft agreements in seconds - pulling from vast databases of legal precedents and automating boilerplate clauses. This unprecedented efficiency is tempting: why not let AI do the heavy lifting when it can produce a polished contract at the click of a button? However, what looks like a seamless shortcut can conceal serious dangers. Even the most advanced AI can “hallucinate” - inventing plausible-sounding but incorrect or unenforceable clauses. In one case, an AI-generated draft cited non-existent laws, triggering judicial reprimands and costly penalties. Such hidden flaws often carry major legal, financial or reputational consequences. Below we uncover five common risks of AI-generated contracts, and show how to address them so your company remains compliant, protected, and fully in control.
Artificial intelligence is transforming industries across Switzerland and beyond. Companies are racing to use AI to automate tasks, gain insights and innovate. AI can be a powerful asset. You can use AI to analyze large data sets or streamline workflows but AI can also create significant legal and ethical risks if misused. But for any organization, AI is a double-edged sword: It offers efficiency and other benefits, yet the use of AI brings new compliance pitfalls. Companies and their officers and directors who use AI on their own for corporate purposes need to be aware of some pitfalls.
What is a General Meeting? It is the most important governing body of a Swiss stock corporation (Aktiengesellschaft). The General Meeting makes the most fundamental decisions that significantly influence the direction and management of the company. Shareholders or their representatives participate to vote on key matters.
The mandate agreement is a legally regulated type of contract in Switzerland, commonly used in the service sector. Whether with lawyers, trustees, doctors, or other consultants - wherever services are provided based on trust and expertise, the mandate agreement serves as the foundation.
Mergers & Acquisitions (M&A) are essential tools to promote corporate growth and achieve strategic objectives. This blog offers valuable insights into the opportunities and risks of M&A transactions in Switzerland, and is especially useful for companies, entrepreneurs and investors seeking to expand or optimize their market position.
A partnership agreement is often an indispensable part of setting up a company in Switzerland. It defines the cooperation between the partners and lays down the legal basis for business operations. But what should be included in a partnership agreement, which legal forms require one, and how does setting up a company work?
A virtual annual general meeting (AGM) is a shareholders’ meeting that is exclusively held online, without the physical presence of shareholders. It differs from hybrid models, which provide for both physical and virtual participation options. In Switzerland, the 2023 revision
Liquidation is the process of dissolving a company. This may involve selling existing assets to settle debts, with any remaining liquidation surplus distributed to shareholders. In Switzerland, the process concludes with the company's removal from the commercial register, meaning it no longer legally exists.