Arbitration Newsletter (October 2009)

Mondaq Business Briefing › Switzerland Law Articles in English (2009)

Author: Mr Frank Spoorenberg and Isabelle Fellrath

Author position: Tavernier Tschanz

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Extract

Arbitration Newsletter (October 2009)

Facts In April 2003, Swedish citizen A, residing in Italy and BVI registered Corporation Y entered into a sale and transfer agreement pertaining to the company X (the "Sale Agreement"). Swedish citizen B, residing in Italy and majority shareholder of Corporation Y acted in the name and on behalf of Corporation Y throughout the transaction discussions. The Sale Agreement provided for arbitration pursuant to the ICC Rules in Switzerland, and a choice of law pro...

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