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Legal Compass: New Law on Limitation Periods

  • Switzerland


    Swiss law on limitation periods has been revised and will introduce longer or shorter statutes of limitation for certain claims. Additionally, there are further changes to the revised law on limitation, which will come into force on 1 January 2020.

    The new limitation periods must be observed when archiving files and securing further evidence in order to best protect a defence against claims without merit until the expiry of the limitation period.

    Furthermore, the new statutory rules must be taken into account when determining how long to retain provisions in respect of potential liability claims; in particular in the context of  insurers creating reserves for future entitlement to insurance proceeds.

    Read our Legal Compass for more information.

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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