Document background
The Confirmatory Deed of Assignment is a crucial legal instrument in Swiss business practice, used when parties need to formally document and confirm a previous assignment of rights, claims, or property. This document type is particularly valuable when there are questions about the original assignment's terms, when additional certainty is required for regulatory or commercial purposes, or when third parties need clear evidence of the assignment. It's commonly used in corporate restructuring, asset transfers, intellectual property assignments, and financial transactions. The deed must comply with Swiss legal requirements, including those set out in the Swiss Code of Obligations and Swiss Civil Code. It serves both as confirmation of the original assignment and as a standalone document that can be relied upon by third parties. Typically, a Confirmatory Deed of Assignment will include comprehensive details about the original assignment, the rights transferred, and any conditions or restrictions that apply.
