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14 March 2019

The recent Air Ethiopia tragic accident has resulted to the grounding of some 370 Boeing 737MAX practically worldwide. Amid growing concerns about the airworthiness of the specific airplane type, thousands of passengers are suffering a sudden change of plan on their scheduled travels and airlines are faced with hard rescheduling and heavy losses. Investors are also suffering great losses. In view of all this our law firm through its specialized Global Justice Network (GJN)  is already exploring means of legal compensation in several jurisdictions including but not limited to the U.S., Canada , E.U. Today on March 14,2019 we held our first teleconference with U.S. E.U. and Canada participants for that matter. One of our affiliated law firms (Keller Rohrback LLP) one of the top US Law firms  is located in Seattle where Boeing's HQ also are.  This helps our centralized approach on the matter to be more effective and efficient. We are looking forward to assist anyone who has suffered material or other losses in any jurisdiction.           

18 January 2019

 

on Tuesday,  the Federal Court in Lausanne rule in the favour of two companies in Switzerland who paid their employees in euros. Since it was prevailed for in the contract, it represents a violation of the law to claim a right for compensation after having left the company. 

 

For more informations : 

 

https://www.swissinfo.ch/eng/workers-paid-in-euros-may-not-claim-for-currency-losses/44682624

 

 

06 November 2018

For those who believe they might be entitled to assets deposited at a bank in Switzerland, there are different options in order to search for an account. 

  1. Either you can contact the bank directly, if you are aware to be entitled to assets at a bank
  2. If the you don’t know in which bank you might have assets, the Swiss Banking Ombudsman prevails the possibility to conduct a search for assets
  3. If you believe that you assets are published on a publication list, there is the possibility to claim it directly on the Internet. 

For more informations, have a look at the Swiss Banking Ombudsman website :

http://www.bankingombudsman.ch/en/dormant-assets/

03 October 2018

Automatic exchange of information (AEOI)

 Since January 1st, 2007, Switzerland has introduced the AEOI legal foundations. The exchanges will take place under the OECD’s Common Reporting Standards (CRS), which provide for the automatic exchange information automatically. For the first time, data will be exchanged in Autumn 2018, between  37 State members and Switzerland. For swiss citizens who have assets in one of the signatory Member States, the swiss financial institutions will also receive those tax related information. From 2019 onwards, swiss financial institutions will also apply the same reporting duties with the other 41 partner states.

The delegation of Switzerland to the OECD believes that the cross- border tax evasion will be prevented with the help of the global standard, and will allow Switzerland to enhance its strong financial place.

https://www.efd.admin.ch/efd/en/home/themen/wirtschaft--waehrung--finanzplatz/finanzmarktpolitik/automatic-exchange-of-information--aeoi-.html