Blum&Grob Attorneys at Law Ltd advises WieInvest AG in connection with the acquisition of a real estate portfolio and the setting up of a Joint Venture
The General Corporate / M&A Team of Blum&Grob Attorneys at Law Ltd led by Gian Marchet Kasper advised WieInvest AG in a transaction to acquire a real estate portfolio from Andermatt Swiss Alps AG and Bellevue Hotel Apartment Development AG through a newly established joint venture company. WieInvest AG is the majority shareholder of the new joint venture company. The portfolio includes several properties of the holiday village Andermatt Reuss in Andermatt (Switzerland).
NFTs in Metaverse: Do Trademark Owners need to register their Trademarks for Virtual Goods and Services?
“Nike Sold an NFT Sneaker for USD 134’000”: This York Times headline of May 26, 2022 and similar headlines regarding virtual goods in Metaverses or NFT Trade Platforms have made us realize that NFTs are not only for digital art but also a huge market for brand products.
Recognition of foreign family foundations in Switzerland
Swiss Family Foundations are not commonly used for asset protection or estate planning purposes due to a de facto prohibition of family maintenance foundation. Since families are often spread over different countries and continents and assets are located in various jurisdictions, contributions of assets to a foundation may very well be an optimal solution, also because these assets no longer fall within the scope of the estate. For this purpose, foundations are set up in jurisdictions like Liechtenstein.