To prevent the misuse of bankruptcy, the legislator has decided to amend certain rules with effect from 1st January 2025

Around 15,000 bankruptcies are opened in Switzerland every year. Over 40% of them are suspended due to insufficient assets, making them ineligible for realisation.

Building on dismembered land: a transfer still spared by Bercy

The dismemberment of real estate ownership remains a relevant and optimal way of transferring assets.

Recent developments on retrocessions in the advisory mandate

The Swiss Supreme Court and FINMA have issued new clarifications on retrocessions in advisory mandates and execution-only relationships.

France’s budget for 2025: it’s going to be sporting!

With no majority in the National Assembly, a budget deficit and abysmal debt, the preparing and voting of the Finance Bill for 2025 is going to be quite an obstacle course.

Has the time come for luxury goods to be customised?

The Swiss Supreme Court has set the record straight on the right to customise luxury goods, particularly watches.

French debt and taxation: what can we expect?

After the surprise slippage in France’s public deficit in 2023 (5.5% rather than the expected 4.9%), the debate on public finances is gaining momentum.

Switzerland and the United Kingdom have signed a mutual recognition agreement

Access to the UK financial market by Swiss providers under the Berne Financial Services Agreement: what does the future hold?

Signing a «Dutreil» pact before transferring a company

A precautionary measure to effectively reduce tax costs in a Franco-Swiss context.

France further reinforces its anti-abuse tax arsenal

The French Finance Act for 2024 has introduced a number of new measures, particularly in the area of international taxation. It has further reinforced an already particularly repressive anti-abuse provision.