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Zurich Court of Appeal overturns previous decision and rules against Julius Baer

News Team, 05/12/2019

The Zurich Court of Appeal has overturned its previous decision and ruled against Julius Baer in the case of Bundesanstalt für vereinigungsbedingte Sonderaufgaben (BvS) versus Julius Baer.

In 2005, Julius Baer acquired former Bank Cantrade Ltd. through the acquisition of Bank Ehinger & Armand von Ernst Ltd. from UBS AG.

As previously disclosed, in September 2014 the BvS initiated legal proceedings in Zurich against Julius Baer as successor of former Cantrade for CHF 97 million plus accrued interests since...


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