Composition Moratorium

Swiss Insolvency and Restructuring: Nachlassverfahren, Bankruptcy, and the Options for Distressed Companies

When a Swiss company enters financial distress, the legal framework is unforgiving in its demands on directors and precise in its procedural options. The Swiss Debt Enforcement and Bankruptcy Act (SchKG) provides a structured path through crisis — but the window for action is narrow, and the personal liability exposure for directors is severe.