Rejection of Switzerland's revised CO2-Act – What's next?
GHR Energy Law Quarterly – July 2021
With the ratification of the Paris Agreement on climate change in October 2017, Switzerland had committed itself to pursuing the climate protection targets set out in this agreement. To this end, the Federal Act on the Reduction of Greenhouse Gas Emissions (CO2-Act) should have been completely revised and a new reduction target should have been anchored by 2030. However, on June 13, 2021, the Swiss electorate rejected the proposed bill. What's next? Read more in our ELQ.
GHR Rechtsanwälte AG one of the most successful "Top Law Firms 2021" in Switzerland in the Bilanz / Handelszeitung ranking
For the fifth time in a row, the leading Swiss business magazines BILANZ and Handelszeitung have published their annual rankings of the best law firms in Switzerland.
We are very pleased that GHR Rechtsanwälte AG have been listed again this year as a top law firm in the field of restructuring and insolvency law.
We thank our clients for the trust they have placed in our firm and its members over the past thirty years.
Marc Grüninger again recognized as Lawyer of the Year for Energy Law by Who’s Who Legal WWL 2021
For the second year in a row, GHR Rechtsanwälte partner Marc Grüninger has been recognized by Who’s Who Legal WWL as Switzerland's Lawyer of the Year for Energy Law. In addition, he is ranked by WWL as Global Elite Thought Leader-Energy 2021 and is recommended as National Leader-Switzerland 2021.
Transfer of the Extra-high-voltage Grid to Swissgrid
GHR Energy Law Quarterly – March 2021
Since 2013, the national grid company Swissgrid has gradually acquired ownership of the entire transmission grid in Switzerland. However, this transaction stipulated by law is not yet fully completed. It is considered one of the largest and most complex in Switzerland. ElCom has now determined the chargeable values of the transmission network assets and has recently published the rulings. The way is, therefore, now clear for the transaction to be completed. Read more in the attached ELQ.
Cemex Group Reorganization
GHR represented Cemex in connection with the transfer of Cemex Research Group's Intellectual Property Development Activities division and its employees to Cemex Innovation Holding.
The ENERGY LAW GROUP ranked in Band 1 for Projects & Energy by Chambers and Partners Global 2021
The ENERGY LAW GROUP (ELG) has been ranked in Band 1 by Chambers and Partners Global 2021 for Projects & Energy.
GHR Rechtsanwälte AG advised on the sale of Informatio GmbH to Backup ONE AG
In February 2021, the owners of Informatio GmbH, Finsterhennen, Switzerland, sold 100% of their shares in the company to Backup ONE AG, Bern, Switzerland, for a non-disclosed purchase price.
GHR advised CEMEX in U.S.$1.75 billion Offering of its 3.875% Senior Secured Notes due 2031
On January 7, 2021, CEMEX, S.A.B. de C.V. (NYSE: CX), the global building materials company, announced the pricing of U.S.$1.75 billion of its 3.875% Senior Secured Notes due 2031 denominated in U.S. Dollars. The Notes bear interest semi-annually at an annual rate of 3.875% and mature on July 11, 2031. The closing of the offering occurred on January 12, 2021. GHR Rechtsanwälte represented CEMEX in connection with the offering.
GHR Rechtsanwälte AG advised the shareholders of Wendia Group on the sale of Wendia AG to Serviceaide, Inc.
In December 2020, the shareholders of Wendia AG, a corporation registered in Switzerland, sold 100% of their shares to Serviceaide, Inc., San José, CA/USA, for a non-disclosed purchase price.
Differences of the new Swiss Data Protection Act to the GDPR - briefly explained
In this factsheet, we compare the provisions of the new Swiss Data Protection Act with those of the European General Data Protection Regulation (GDPR) and present, on the one hand, the conceptual differences and, on the other hand, the stricter or more lenient deviations as well as the commonalities of the regulations.