Insolvency And Restructuring

For what is arguably the financial capital of the world, Switzerland is renowned for its jurisdiction's financial benefits, but this doesn't mean businesses encounter less risk.

Here, Daniel Hayek, Partner at Prager Dreifuss, gives Lawyer Monthly an update on the Swiss insolvency & restructuring landscape, revealing the most recent matters the firm has been involved with, progress in legislation surrounding foreign bankruptcy decrees, and what in his opinion is still to be introduced to Swiss legislation in this regard.

Has the insolvency and restructuring sector evolved significantly since we last spoke three years back?

There have been various developments in the insolvency & restructuring sector over the past years.