On 16 April 2020, the Swiss Federal Council passed special legislation in order to relax the current insolvency regime applying to companies and provide a better framework for all businesses (the COVID-19 Insolvency Act).

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As a result of the coronavirus disease (COVID-19) pandemic (SARS-CoV-2), many companies will find themselves in financial difficulties. The Swiss government has already taken various measures to ease the burden on companies, including a financial assistance program of up to CHF 40 billion, and is considering further measures.

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