Ringier Axel Springer Schweiz invests in digitalCounsels
8 July 2019 – Ringier Axel Springer Schweiz Ltd. (RASCH) announced its acquisition in multiple steps of the majority and control in digitalCounsels Ltd. 2017 digitalCounsels Ltd was founded with the purpose to provide services in the sectors of digital legal advisory and acquisition of mandates. By means of this acquisition RASCH intends to further expand the services of Beobachter (Guider.ch) in the area of digital legal advisory.
Walder Wyss Ltd acted as advisor to RASCH with regards to selected areas of the reorganisation of the model of digitalCounsels, in particular to certain issues regarding professional regulations for lawyers, secrecy under the attorney-client privilege and VAT. The team was led by Markus Vischer (Partner, Corporate/M&A) and included Michael Isler (Partner, IP/IT), Caroline Gaul (Associate, IP/IT), Jan Ole Luuk (Counsel, VAT) and Christoph Zaugg (Associate, Corporate/M&A).