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    Securitisation transactions: avoidance actions under DEBA
    2019-07-02

    Introduction

    Filed under:
    Switzerland, Insolvency & Restructuring, Litigation, Securitization & Structured Finance, Walder Wyss Ltd, Debtor
    Authors:
    Johannes A Bürgi , Elisabeth Moskric
    Location:
    Switzerland
    Firm:
    Walder Wyss Ltd
    Special Forms of Proceedings
    2018-11-29

    Swiss Civil Procedure Law in a Nutshell (Volume 9 of 12)

    This blog series provides litigators and corporate counsel from other jurisdictions with a practical understanding of the mechanics, advantages, and limits of litigation before State Courts in Switzerland.

    No Class Actions

    Filed under:
    Switzerland, Arbitration & ADR, Derivatives, Insolvency & Restructuring, Litigation, VISCHER AG, Bankruptcy, Shareholder, Class action, Sovereign immunity, Derivative suit
    Authors:
    Dr. Thomas Weibel
    Location:
    Switzerland
    Firm:
    VISCHER AG
    Good to know: As of 1 January 2019 numerous forms of relief for crossborder bankruptcies and insolvencies will become effective in Switzerland.
    2018-12-31

    Starting point

    Filed under:
    Switzerland, Insolvency & Restructuring, Litigation, Walder Wyss Ltd, UNCITRAL
    Authors:
    Michael Cartier , Dominik Hohler , Christoph Stäubli
    Location:
    Switzerland
    Firm:
    Walder Wyss Ltd
    Revision of Swiss International Insolvency Rules
    2018-04-05

    On 16 March 2018, the Swiss Parliament adopted the revision of the international insolvency provisions of the Swiss Private International Law Act ("PILA"). Such revision particularly aims at simplifying the recognition of foreign insolvency proceedings in Switzerland which shall lead to a reduction of costs and improved efficiency. The revised PILA is now subject to an optional referendum.

    Filed under:
    Switzerland, Insolvency & Restructuring, Litigation, Lenz & Staehelin, Bankruptcy
    Authors:
    Tanja Luginbühl
    Location:
    Switzerland
    Firm:
    Lenz & Staehelin
    Ein kleiner Schritt für den Menschen, ein (relativ) grosser Schritt für den unrechtmässig Betriebenen
    2017-01-23

    Zu Unrecht erhobene Betreibungen können für Privatpersonen und Gesellschaften zu schweren Konsequenzen führen: Banken z.B. können aufgrund eines Eintrags im Betreibungsregister eine Finanzierung verweigern und Vermieter Personen als potentielle Mieter ablehnen. Mit der geplanten Änderung gewisser Bestimmungen des SchKG will der Bund die Situation für den unrechtmässig Betriebenen endlich erleichtern.

    Filed under:
    Switzerland, Insolvency & Restructuring, Litigation, MLL Legal Ltd
    Authors:
    Sabina B. Schellenberg , Stéphanie Oneyser
    Location:
    Switzerland
    Firm:
    MLL Legal Ltd
    The fine line between debt restructuring and bankruptcy proceedings
    2017-03-03

    IntroductionRevocation of temporary composition moratoriumAppeal againts final composition moratoriumComment

    Introduction

    Filed under:
    Switzerland, Banking, Insolvency & Restructuring, Litigation, MLL Legal Ltd, Swiss Federal Tribunal
    Authors:
    Sabina B. Schellenberg , Stéphanie Oneyser
    Location:
    Switzerland
    Firm:
    MLL Legal Ltd
    Will foreign judgments on avoidance actions be recognized in Switzerland?
    2017-12-07

    Avoidance Actions – What are they?

    Debtors may be tempted to protect assets from access by a possible foreclosure. The avoidance action (also called "Pauliana") gives the bankruptcy administration, and under certain conditions the creditors, the opportunity to challenge such legal acts of the debtor. Upon approval of the actions, the assets will be foreclosed.

    Filed under:
    Switzerland, Company & Commercial, Insolvency & Restructuring, Litigation, VISCHER AG, Bankruptcy, Foreclosure
    Authors:
    Dr. Christian Oetiker
    Location:
    Switzerland
    Firm:
    VISCHER AG
    Basler ZPO-Tag: Aktuelles im Zivilprozess- und Vollstreckungsrecht
    2017-12-14

    Der Basler ZPO-Tag 2017 vom 3. November 2017 (Programm) befasste sich mit aktuellen praktischen Fragen und Neuerungen rund um die verschiedenen zivil-prozessrechtlichen Verfahren und die Vollstreckung. Für Gläubiger wie auch Schuldner sind insbesondere der Wegfall des Gefährdungserfordernisses beim Arrest gestützt auf Urteile sowie neue Tendenzen bei der Verjährungsunterbrechung durch Betreibung von Bedeutung.

    Filed under:
    Switzerland, Company & Commercial, Insolvency & Restructuring, Litigation, VISCHER AG, Swiss Federal Tribunal
    Authors:
    Anela Lucic
    Location:
    Switzerland
    Firm:
    VISCHER AG
    New Developments in Switzerland's Insolvency Law
    2018-02-19

    The Swiss government presented a draft bill in May 2017 which was approved by the Swiss Council of States in December 2017 with very few amendments. The revised law could be effective as from 1 January 2019 if the Swiss National Council approves the revision this year.

    Key changes include:

    Filed under:
    Switzerland, Insolvency & Restructuring, Litigation, Ashfords LLP
    Authors:
    Iona Jones , Alan Bennett
    Location:
    Switzerland
    Firm:
    Ashfords LLP
    CMS Guide to Interim Measures - Switzerland
    2016-03-22

    1. Applicable Law

    1.1.1 On 1 January 2011 Switzerland faced the dawn of a new era in litigation. Due to its federal state structure, until this date civil procedural law was regulated on a cantonal level with 26 civil procedure codes. Since 1 January 2011, the Swiss Civil Procedure Code (CPC) replaces the cantonal codes.

    1.1.2 Interim measures are mainly governed by the CPC. In order to determine whether provisions other than the CPC are (also) applicable to an interim measure, the applicant has to check two issues:   

    Filed under:
    Switzerland, Arbitration & ADR, Insolvency & Restructuring, Litigation, Patents, CMS Switzerland, Ex parte, Subject-matter jurisdiction
    Authors:
    Philipp J. Dickenmann
    Location:
    Switzerland
    Firm:
    CMS Switzerland

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