Header Image

Swiss Supreme Court holds that arbitration provision in Swiss Stock Exchange Listing Rules cannot replace formally valid arbitration agreement

02 March 2011

Authors: Nathalie Voser, Patrick Rohn

In a German-language decision concerning a domestic arbitration case dated 1 December 2010 and published on 19 January 2011, the Swiss Supreme Court overturned a decision of the Appeal Court of the Canton of Zurich and held that the operator of the Swiss Stock Exchange (that is, the SIX Swiss Exchange AG), does not have the legislative power to (unilaterally) provide in its Listing Rules for arbitration of disputes over listings and de-listings of equity securities. The applicable Securities Exchange Act provides that such disputes are to be referred to a civil court, and a submission to arbitration requires a formally valid arbitration agreement.

Download PDF
Published in Practical Law Arbitration


Back to overview


CONTACTS

Elliott Geisinger
Elliott Geisinger
Partner
Geneva


Nathalie Voser
Nathalie Voser
Partner
Zurich


Show team


Our International Arbitration Group

Drawing on an outstanding combination of skills and resources, Schellenberg Wittmer’s GAR30 recognized Inter-national Arbitration Group provides representation at the highest level in a broad range of complex international arbitration matters, from critical pre-arbitration injunctions to effective enforcement strategies.

For more information:

Visit Practice Area Site
Download Factsheet