BGP clients awarded at “TOP 100 Swiss Startup Awards 2019”
18. September 2019
BGP is proud that several of its clients were awarded at this year’s “TOP 100 Swiss Startup Awards 2019”. Congratulations to our Shooting Stars!
At the “TOP 100 Swiss Startup Awards 2019” 100 of the most innovative and promising Swiss startups are elected by a jury of 100 leading investors and startup experts. For more information please visit: https://www.top100startups.swiss/
BGP advises startup companies in particular regarding Private Equity and Venture Capital transactions and has been repeatedly awarded for these services including the award as “Top Law Firm 2019” by the Swiss business magazine BILANZ and the newspaper LE TEMPS.
BGP wins court case against Swiss bank
30. August 2019
BGP has won in court CHF 3.7 million for a bank client against a Swiss bank in a "man-in-the-middle" cyber-attack case.
The bank had made payments to unknown third parties without valid instructions at the expense of the bank client. The origin of the bank's payments was a so-called "man in the middle" attack. In a "man-in-the-middle" cyber-attack, also called Janus attack (after the two-faced Janus of Roman mythology), the hacker places himself - or his harmful tool - between the victim and the resource called up, such as a bank website or an e-mail account. The attacker can thus take complete control of data traffic between two or more communication partners and view and manipulate the information at will.
Since the bank concerned did not fulfill its duty of care regarding the authenticity of the payment orders sent to it (legitimation check), the bank did not recognize the "man in the middle" attack and executed various payments to unknown third parties without instruction and at the expense of the bank client.
In this case, BGP advised the bank client comprehensively, represented him in court, won the case in its entirety and obtained the repayment of CHF 3.7 million to the bank client. The BGP team was led by Oliver Gnehm, attorney-at-law and partner in Zurich.
BGP specializes in negotiation and litigation in complex legal matter. In bank liability cases, BGP represents both bank clients and banks.
Successful closing of Araris Biotech Ltd CHF 2.5 million seed financing round
26. August 2019
Only six months after its incorporation, Araris Biotech Ltd has closed an oversubscribed seed financing round of CHF 2.5 million from Swiss venture capitalists Redalpine, Schroder Adveq and VI Partners.
Araris Biotech Ltd is a spin-off company from the Paul Scherrer Institute (PSI) and ETH Zurich pioneering a novel antibody-drug conjugate (ADC)-linker technology. Araris’ linker platform enables the attachment of any payload to “off the shelf” antibodies without the need of prior antibody engineering.
Memo Therapeutics Ltd closes Series A2-Second Tranche
24. July 2019
Memo Therapeutics Ltd, is a biotech spin-off company from ETH Zurich and innovator in the field of antibody discovery and immune repertoire analysis.
Memo Therapeutics Ltd was advised in all legal matters with regard to the Series A2-Financing Round (Second Tranche) by Bader Gnehm & Partner. The team was led by Oliver Gnehm (Partner) and furthermore included Denis A. Parvex (Associate).
20. Jazz Brunch
09. July 2019
Our 20. Jazz-Brunch took place on Sunday, June 23th, 2019 on the Gurten Hill Bern