Swatch Group: Tiffany Arbitration Award Set Aside
Biel / Bienne (Switzerland), March 4, 2015 – Swatch Group confirms that the arbitration award issued on December 21, 2013, was set aside today by the ordinary court of first instance (District Court) of Amsterdam. The setting aside has been undertaken on purely formal reasons which are fully contested by The Swatch Group Ltd.
Swatch Group will file an appeal at the Court of Appeal. Swatch Group is convinced that the arbitration award of December 21, 2013 was issued correctly and contains no formal error.
Until the final decision of the last instance (Supreme Court of The Netherlands), the judgement of the ordinary court of first instance is not enforceable and has no material consequences for The Swatch Group Ltd.
Related news
Message from the Chair
Message of Nayla Hayek, Chair of the Swatch Group Board of Directors, on the occasion of the Annual General Meeting of May 21, 2025, in Biel (BE), Switzerland. The original spoken text (in German) is valid. Sehr geehrte Damen und HerrenLiebe Mitaktionärinnen und Mitaktionäre Sie haben ja sicherlich alle unseren Jahresbericht mit meinem Geleitwort…
Ordinary General Meeting
The Ordinary General Meeting of Swatch Group Shareholders was held online in accordance with article 12 ff. of the Articles of Association on Wednesday, May 21, 2025. The shareholders approved, by a large majority, all proposals submitted by the Board of Directors. Mr Steven Wood's candidature for the Board of Directors was rejected by the…
Ordinary General Meeting of Shareholders
The Ordinary General Meeting of Shareholders will be held in accordance with art. 12 ff. of the Articles of Association on Wednesday, May 21, 2025 at 10:00 a.m. (CEST), virtually, without physical presence of the shareholders.The Board of Directors decided to hold the General Meeting with no venue and by electronic means in accordance with art.…