Switzerland: Insolvency/Bankruptcy/Re-Structuring

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Article
Swiss Parliament Modernizes Debt Enforcement System And Introduces Two New Debt Restructuring Proceedings For Individuals
The Swiss Parliament has enacted two major reforms to the Federal Debt Enforcement and Bankruptcy Act, ushering in a new era of digitalization and creating Switzerland's first dedicated debt restructuring mechanisms for private individuals. These changes introduce electronic debt enforcement registers, online auctions, and the possibility of residual debt discharge, fundamentally transforming Swiss insolvency law for creditors, debtors, and practitioners alike.
Switzerland Insolvency
AA
Advestra AG
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Financial Restructuring

Article
Disclosure Of Internal Investigation Reports: Key Considerations Under The FADP
Switzerland's Federal Council has initiated a consultation process to amend the Banking Act and Liquidity Ordinance, focusing on reforms to the country's too big to fail regulatory framework. Concurrently, the Swiss Parliament has approved significant modernization of the debt enforcement system, introducing two new restructuring proceedings specifically designed for individuals facing financial distress.
Switzerland Finance
AA
Advestra AG
Article
Swiss Parliament Modernizes Debt Enforcement System And Introduces Two New Debt Restructuring Proceedings For Individuals
The Swiss Parliament has enacted two major reforms to the Federal Debt Enforcement and Bankruptcy Act, ushering in a new era of digitalization and creating Switzerland's first dedicated debt restructuring mechanisms for private individuals. These changes introduce electronic debt enforcement registers, online auctions, and the possibility of residual debt discharge, fundamentally transforming Swiss insolvency law for creditors, debtors, and practitioners alike.
Switzerland Insolvency
AA
Advestra AG
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Insolvency/Bankruptcy

Article
Piercing The Corporate Veil In Swiss Enforcement Proceedings
Swiss law generally maintains a strict separation between a company's assets and those of its shareholders, but courts may exceptionally disregard this principle when it constitutes an abuse of rights. This analysis explores the legal framework and practical requirements for both piercing and reverse piercing the corporate veil in Switzerland, with particular emphasis on how these doctrines apply in debt enforcement and attachment proceedings.
Switzerland Litigation
LL
Loyens & Loeff
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