24 December 2019

Revision of the statute of limitations as of 1 January 2020

In our latest newsletter, Cyrill Süess and Tamara Rechsteiner discuss the most important changes of the statute of limitations as of 1 January 2020. The new revision of the Code of Obligations brings not only a new categorization of the applicable statute of limitations but also innovations regarding its duration. These fundamental changes will affect most areas of our legal system and required the amendment of 30 federal statutes. Our professionals provide recommendations on how to apply the new provisions as well as on the impact the revision will have on other legal matters such as general terms and conditions or the recommended duration to retain documents.