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    About Froriep Blog

    No matter what part you play in the economy, our blog will provide you with a wealth of up-to-date and interesting articles, resources and checklists from the various areas of law.

    The blog’s authors are all partners and employees of our firm, ensuring you benefit not only from the best legal knowledge, but also from examples drawn from their many years of practical experience.

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    Jean-Luc Herbez

    Jean-Luc Herbez

    Jean-Luc has an extensive experience in commercial, corporate, banking and securities law. As a partner at the Geneva office, he led the Froriep litigation team, which in 2012 achieved the highest settlement in a Swiss court on a banking matter. Jean-Luc has been a partner at our Geneva office since 1987. His work includes all the regulatory, finance, audit and litigation aspects of commercial law. He advises domestic and international clients and acts as a director in a limited number of regulated companies.

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    Topics: Banking und Finance 

    COVID-19 Credits: Revised Guidelines of the Swiss Bankers’ Association on the Internal Handling of COVID-19 Credits

    As an immediate response to liquidity shortages caused by the pandemic, the Federal Council had adopted on 25 March 2020 an emergency ordinance allowing SMEs to apply for and obtain so-called COVID-19 credits in a speedy, non-bureaucratic procedure until 31 July 2020. Given its extraordinary nature, the ordinance stayed in force until 25 September 2020. In order to address all aspects of the COVID-19 credits over their entire lifespan/term, there was a need to legislate and incorporate the main procedural provisions of the former emergency ordinance into a formal federal act: the Federal Act on COVID-19 Credits with Joint and Several Guarantee (the “COVID-19 Credit Act”) entered into force on 19 December 2020.
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    Topics: Banking und Finance 

    What to Know About COVID-19 Credits and Their Use in the Light of the New Federal Act on COVID-19 Credits With Joint and Several Guarantee

    As an immediate response to liquidity shortages caused by the pandemic, the Federal Council had adopted on 25 March 2020 an emergency ordinance allowing SMEs to apply for and obtain so-called COVID-19 credits in a speedy, non-bureaucratic procedure until 31 July 2020. Given its extraordinary nature, the ordinance stayed in force until 25 September 2020. In order to address all aspects of the COVID-19 credits over their entire lifespan, there was a need to legislate and incorporate the main procedural provisions of the former emergency ordinance into a formal federal act.

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