Walder Wyss helps FIS recover investments
Walder Wyss successfully represented Freight Investor Services (FIS), a broker and service provider in freight and commodity derivatives, in various proceedings before the courts of Geneva and Lausanne. The counseling helped FIS to successfully recover an unrepayed loan.
The dispute arose when FIS’s counterparties refused to repay a loan granted by FIS to a financial intermediary that would have unlocked a structured bond in Luxembourg. After obtaining several judgments in its favor before the Swiss courts, FIS agreed to enter into a settlement agreement. The final deal brought full repayment of its loan plus interest.
Walder Wyss’ team
The team was composed of Micha Bühler (Partner- pictured), Stéphanie Oneyser (Counsel) and Louis Christe (Senior Associate). They represented FIS in all proceedings in Switzerland.