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No matter what part you play in the economy, our blog will provide you with a wealth of up-to-date and interesting articles, resources and checklists from the various areas of law.

The blog’s authors are all partners and employees of our firm, ensuring you benefit not only from the best legal knowledge, but also from examples drawn from their many years of practical experience.

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5 March 2019

The New Swiss International Insolvency Law - How Does It Affect Foreign Insolvency Practitioners?

On 1 January 2019, the revised Section of the Swiss Private International Law Act (PILA) regarding cross-border insolvencies entered into force. The revision became necessary as the previous regulation was criticised in particular for its protectionist elements, which also were a recurring topic in discussions with foreign colleagues and insolvency practitioners. Particularly compared to other European countries, Switzerland had apparent modernisation potential.


The major points for discussion in recent years were:

  • How can insolvency practitioners of foreign main proceedings access the debtor's assets in Switzerland?
  • How can they pursue claims against debtors in Switzerland?
  • How can assets be transferred to the estate of foreign main proceedings?

We have prepared a PDF for you which gives an overview of the basics of the new international insolvency law in Switzerland.  Our PDF is structured in the following points: 

  1. Recognition requirements
  2. Recognition and ancillary insolvency proceedings
  3. Claw back claims
  4. Critical appraisal

Click on the button below to download the PDF:

Download PDF 



This blogpost is also available in German: 

Das neue internationale Insolvenzrecht der Schweiz - welche Auswirkungen hat es für ausländische Insolvenzverwalter? 


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Photo by Andrew Butler on Unsplash

Topics: Dispute Resolution  Insolvency & Restructuring