MME impresses in BILANZ ranking as top law firm

Business Magazine, Ranking, Switzerland

MME has emerged from the 2019 ranking of the Swiss business magazine BILANZ as one of the leading law firms in eight categories - in technology & telecommunication law even as a shining winner! 

Our experts also scored well in the areas of labour law, construction law, compliance, inheritance and estate law, intellectual property law, litigation and procedural law, and insurance law. In these areas, MME stood out as one of the top law firms according to over 19,000 recommendations by leading lawyers, legal counsels of large Swiss companies and clients. You can find the complete evaluation in the Bilanz feature here.

We would like to express our sincere thanks to our clients as well as to our colleagues who have assessed our services so positively. This makes us very proud!

Focused competence. Vision. Perseverance. Commitment to our clients. Factors that guide us at MME in order to earn your trust also in the future with tailor-made solutions. Not only for companies, but also for private clients and entrepreneurial families.

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From the magazine

Consequences of Brexit

The United Kingdom left the European Union on 31 January 2020. Three years after the decision of the British people to leave the union of states, the orderly EU withdrawal is now final. In a transition period, which for the time being will last until 31 December 2020, negotiations between the EU and the United Kingdom on future contractual agreements are now taking place. This period can be extended for a maximum of two years. Until then, the United Kingdom is treated as an EU member state, and the Agreement on the Free Movement of Persons (AFMP) between Switzerland and the EU will remain in force for the duration of this transition period. Therefore, with respect to the previous residence and immigration regime, the question will arise as to whether and how nationals of both countries can acquire or maintain their rights according to the AFMP.

Portfolio transfer/asset transfer

The ongoing phase of low interest rates and the stricter capitalization requirements of the Swiss Solvency Test (SST) mean that insurers are increasingly combing their portfolios for unprofitable or capital-intensive business and, as a result, are no longer writing the unviable business (run-off). In order to reduce the technical provisions on the books, the active reduction of run-off portfolios is becoming increasingly popular. This can be done by transferring a company, a portfolio or assets. In doing so, the run-off portfolio is finally settled for the transferring insurer. Another possibility is the (retrospective) reinsurance (commutation) of the business, a purely balance sheet-related adjustment of the run-off portfolio. In the following, portfolio transfer and asset transfer will be dealt with in more detail.

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