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Deals & Cases

Schellenberg Wittmer advises in Swiss ship-owners settlement

18.05.2017 – One chapter of the existing crisis in the Swiss ship-owning industry has been largely settled via the sale of 12 vessels onto the Swiss market.

Schellenberg Wittmer has held a leading counsel role in this matter and transaction - first in the successful arbitration between a foreign entity against the Swiss shipowner, led by Trade & Transport partner Alexander von Ziegler with the associates Angelina M. Petti and Anya George. And later in negotiating a transaction for the same clients and a foreign investor in the purchase of 10 of those vessels, led by Alexander von Ziegler and Corporate M&A partner Pascal Hubli. This is – by far – the biggest transaction in the history of the Swiss flag fleet.