Federal Act
on Private International Law
(PILA)

¹ The pro­vi­sions of this Act re­lat­ing to mer­gers of com­pan­ies ap­ply by ana­logy to de­mer­gers of com­pan­ies and to trans­fers of as­sets and li­ab­il­it­ies in­volving a Swiss com­pany and a for­eign com­pany. Art­icle 163b para­graph 3 does not ap­ply to the trans­fer of as­sets and li­ab­il­it­ies.

² All oth­er as­pects of de­mer­gers and trans­fers of as­sets and li­ab­il­it­ies are gov­erned by the law ap­plic­able to the com­pany be­ing de­merged or to the com­pany trans­fer­ring its as­sets and li­ab­il­it­ies to an­oth­er leg­al en­tity.

³ The law gov­ern­ing the com­pany be­ing de­merged is pre­sumed to ap­ply to the di­vi­sion agree­ment un­der the con­di­tions of Art­icle 163c para­graph 2. The same ap­plies, by ana­logy, to the trans­fer of as­sets and li­ab­il­it­ies agree­ment.