Federal Act
on Private International Law
(PILA)

¹ For­eign de­cisions re­lat­ing to claims con­cern­ing com­pany law are re­cog­nised in Switzer­land:

a.

if they were rendered or are re­cog­nised in the state of the seat of the com­pany, provided the de­fend­ant was not dom­i­ciled in Switzer­land; or

b.

if they were rendered in the state of the de­fend­ant’s dom­i­cile or ha­bitu­al res­id­ence.

² For­eign de­cisions re­lat­ing to claims con­cern­ing pub­lic is­sues of equity or debt se­cur­it­ies based on pro­spect­uses, cir­cu­lars or sim­il­ar pub­lic­a­tions are re­cog­nised in Switzer­land if they were rendered in the state in which the equity or debt se­cur­it­ies were is­sued, provided the de­fend­ant was not dom­i­ciled in Switzer­land.