Lenz & Staehelin have represented Brazilian investment bank BTG Pactual against Generali

Lenz & Staehelin and Weil, Gotshal & Manges (New York) represented Brazilian investment bank BTG Pactual as claimant in arbitration proceedings against Italian insurance and asset management provider Assicurazioni Generali and its Dutch subsidiary.

The dispute arose out of Generali’s sale of Swiss private bank BSI to BTG Pactual in 2015. BTG Pactual initiated arbitration against Generali in 2016 after BSI had become the subject of regulatory sanctions in the context of the so-called 1MDB scandal. It has now been disclosed that the parties reached an amicable settlement under which Generali agreed to a cash payment to BTG Pactual in the amount of CHF 245 million.

The team was led by partner Harold Frey (pictured), counsel Martin Aebi and Fadri Lenggenhager as well as associate Severin Christen.

Lenz & Staehelin have represented Brazilian investment bank BTG Pactual against Generali

FabioAdmin

Legalcommunity.ch

Launched in 2020 by LC Publishing Group, it is the first digital portal addressed to the Swiss legal market.
In terms of contents, the website focuses on both law firms and in-house legal departments, covering the latest news and rumors on deals and operations (and the related advisors) as well as on lateral hires, moves and new appointments and providing insights, analytical data and opinions on the professions’ main trends and topics (Ai, innovation, etc.).

For further information, please visit the Group’s website www.lcpublishinggroup.com

LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961
REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram