NEW LAW ON COMPANY LIMITED BY SHARES

After years of legislative procedure, the Parliament has eventually adopted the proposed revision of company law. OBERSON ABELS is pleased to share the presentation of Sébastien Bettschart (in French) on this important legislative review.

This is a major overhaul, bringing many new features to which practice will have to adapt in the coming years. In addition to modernizing and making the law on companies limited by shares more flexible, the revision incorporates the Ordinance against Unfair Remuneration (ORAb) into the Code of Obligations and provides for disclosure obligations with regards to gender representation within the board of directors and the management. Companies extracting raw materials will be subject to transparency obligations.