Commercial law

Share this article:

Termination rights for mandates are maintained

Share this article on :

Commercial law
Termination rights for mandates are maintained

Under Swiss law, either party to a mandate may terminate the agreement at any time. The terminating party is only required to repair a damage if such a termination takes place at an inappropriate time. The Federal Supreme Court has already ruled long time ago that such a termination right is mandatory and the parties may not agree differently in their agreement.

Following the filing of the so-called “Barthassat motion” aiming at abolishing such termination right, the Federal Council had issued a draft law and opened a consultation process in September 2016. Given the opposition expressed by a large majority of the participants to said consultation, the Federal Council decided on October 25, 2017, to suggest to the Parliament to set aside and close the Bathassat motion.

Our lawyers specialize in

t3-1
Gabrielle Kraus
Anil_no_bg
Anil Nair

Need more information?

Other firm’s news

Commercial law
Amendment of the Federal Act on Data Protection (DPA)
The revised Data Protection Act (nDPA) and its implementing ordinances, the ordinance on data protection (DPO) and the ordinance on...
Communication
A new associate in JNC Avocats
JNC Avocats is pleased to welcome Stefano Cavargna as new associate.
Tax law
Interest rates allowed for tax purposes in 2023
Publication by the Federal Tax Administration (FTA) of the annual circular letters on the interest rates allowed for tax purposes...
Commercial law
Entry into force of revised Swiss corporate law
The revised corporate law provisions applicable to companies limited by shares entered into force on January 1, 2023. The revised...
Communication
A new Counsel has joined JNC Avocat
Stefano Cavargna is specialized in Swiss and international tax law for corporate and private clients. He also has substantial experience...
Commercial law
COVID-19 Updates : hardship situations (as of January 2021)
As part of the measures to support Swiss companies due to the COVID-19 outbreak, the Federal Council adopted on November...
Commercial law
Amendment of the Federal Act on Data Protection (DPA)
The revised Data Protection Act (nDPA) and its implementing ordinances, the ordinance on data protection (DPO) and the ordinance on...
Communication
A new associate in JNC Avocats
JNC Avocats is pleased to welcome Stefano Cavargna as new associate.
This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.