New restructuring law in Switzerland
Birgit Sambeth
%20(1)%20(1)%20(1).jpg)
May 2014
Eurofenix (Journal of INSOL-Europe), Issue 55, Spring 2014
___
On 1 January 2014, a new restructuring law entered into force in Switzerland.
Combining a partial revision of the Swiss Debt Enforcement and Bankruptcy Act (DEBA), notably of its Chapter 11 on Composition Proceeding, with the introduction of new provisions to the Swiss Code of Obligations (CO), the amended legislation is designed to facilitate the early implementation of restructuring measures. (...)
