Federal Act
on Private International Law
(PILA)


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Art. 163c102

c. Mer­ger agree­ment

 

1 The mer­ger agree­ment must com­ply with the man­dat­ory com­pany law pro­vi­sions of the laws gov­ern­ing the com­pan­ies in­volved, in­clud­ing the pro­vi­sions con­cern­ing form.

2 All oth­er as­pects of the mer­ger agree­ment are gov­erned by the law chosen by the parties. In the ab­sence of a choice of law, the mer­ger agree­ment is gov­erned by the law of the state with which the agree­ment has the closest con­nec­tion. Such a con­nec­tion is pre­sumed to ex­ist with the state whose law gov­erns the ac­quir­ing com­pany.

102In­ser­ted by An­nex No 4 of the Mer­gers Act of 3 Oct. 2003, in force since 1 Ju­ly 2004 (AS 20042617; BBl 20004337).

 
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