Swiss Arbitration Centre Introduces Supplemental Swiss Rules for Corporate Law Disputes

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On 1 January 2023, a new Article 697n of the Swiss Code of Obligations (“CO”) will enter into force, expressly allowing Swiss companies to include arbitration clauses for corporate law disputes in their articles of association. The articles of association may regulate the specifics of the arbitration proceedings, in particular by referring to institutional rules of arbitration, and shall ensure that “persons who may be directly affected by the legal effects of the arbitral award” (“Affected Persons”) are informed about the commencement and termination of the proceedings…

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