Death rattle for unlimited liability? Lombard Odier, Pictet to shift to corporate partnership

6 February 2013 | 2 minutes read

Is an increasingly precarious regulatory environment spelling the end for the unlimited partnership legaI structure which has served to define a cadre of Switzerland’s oldest and most established private banks? It would seem so, given that both Pictet and Lombard Odier have simultaneously announced their intention to shift to a “société en commandite par actions de droit suisse” (“a partnership…

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