Successful representation of Sunrise before the Zurich Commercial Court

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.