Lenz & Staehelin successfully defended Sunrise Communications AG, a fully owned subsidiary of Sunrise Communications Group AG, against an application for interim injunctions filed by Salt Mobile SA.
The dispute arose out of an exclusivity agreement concluded by the parties in connection with a potential joint venture.
Salt’s application was based on alleged breach by Sunrise in the context of a public tender offer by UPC Schweiz GmbH for all Sunrise shares.
After an oral hearing, the Commercial Court of the Canton of Zurich did not find a breach of the exclusivity agreement and fully rejected Salt’s application.
Lenz & Staehelin’s litigation team included partner Harold Frey (Picture) and associate Severin Christen (both Dispute Resolution). Lenz & Staehelin is also advising Sunrise in this transformational transaction with a team included partners Hans-Jakob Diem and Tino Gaberthüel (both Corporate), Patrick Schleiffer (Capital Markets), Astrid Waser (Regulatory/Antitrust), as well as associates Simone Ehrsam, Lukas Held and Ann Weibel (all Corporate).
Involved fees earner: Severin Christen – Lenz & Staehelin; Hans-Jakob Diem – Lenz & Staehelin; Simone Ehrsam – Lenz & Staehelin; Harold Frey – Lenz & Staehelin; Tino Gaberthüel – Lenz & Staehelin; Lukas Held – Lenz & Staehelin; Patrick Schleiffer – Lenz & Staehelin; Astrid Waser – Lenz & Staehelin; Ann Francesca Weibel – Lenz & Staehelin;
Law Firms: Lenz & Staehelin;
Clients: Sunrise Communications AG;