Director Liability

Swiss Board of Directors (Verwaltungsrat): Structure, Powers and Obligations

Definition and Legal Basis

The Verwaltungsrat (VR) is the board of directors of a Swiss Aktiengesellschaft (AG). It is the supreme governing body of the AG and …

Board of Directors Requirements in Switzerland: Residency Rules, Liability, and Corporate Governance

The board of directors (Verwaltungsrat) is the central governance organ of a Swiss AG. Swiss law imposes specific composition requirements, fiduciary duties, and personal liability rules that every founder, investor, and board candidate must understand before accepting a board seat in a Zug company.

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.