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BGE 86 I 310 ΓÇó Split of a watch business requires authorization
BGE 86 I 310Amtliche Sammlung des Bundesgerichts (BGE) / Band I18.11.1960Dismissed
Perrin challenged the Department’s view that splitting an existing watch-industry business between its former partners required authorization. The Federal Court held that the statutory exception for transfers 'with assets and liabilities' applies only when the undertaking passes as a whole to the acquirer. A division among partners is not such a transfer; the old business disappears and new undertakings emerge. The appeal was therefore rejected.
Art. 3 Abs. 1 UB; division of a watch-industry business among former partners as opening of new undertakings requiring authorization. The exception at the end of Art. 3 Abs. 1 UB, which dispenses with authorization only for transfer of the undertaking as a whole 'with assets and liabilities', is of narrow scope and may not be extended by analogy to the division of an existing business among its partners. In such a case the undertaking is extinguished and new undertakings arise; the resulting fragmentation of production rights and increased risk of unsuitable entries into the industry justify treating the transaction as a new establishment subject to authorization (consid. 2).
86 I 310
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