Schellenberg Wittmer Ltd, Restructuring/Insolvency

About

Provided by Schellenberg Wittmer Ltd

Our Restructuring and Insolvency Group comprises multilingual lawyers versed in both civil law and common law tradition. Many of our specialists have previously held positions with Swiss courts.

The firm is recognised as a leader in restructuring and insolvency, including insolvency-related litigation. Schellenberg Wittmer can consolidate a large, qualified team at short notice in both French-speaking and German-speaking Switzerland. The Swiss Financial Market Supervisory Authority (FINMA) and courts frequently entrust our team with insolvency administration thanks to our excellent track record and reputation. Our team members regularly work within or in collaboration with other practice groups (such as Mergers & Acquisitions, Corporate and Commercial, Banking and Finance, Litigation).

We advise and represent clients in restructuring and bankruptcy matters. We act as litigators in the Swiss courts and as bankruptcy administrators.

Our firm has the expertise and experience to take on the most complex insolvency matters, including those with an international dimension, such as assisting foreign receivers and bankruptcy trustees in expansion of insolvency proceedings into Switzerland.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Switzerland

Band 2

What the Team is Known For

Schellenberg Wittmer advises on high-profile cross-border restructuring and insolvencies, with increasing activity on the enforcement of foreign bankruptcies. The law firm represents creditors in bankruptcies and liquidations, as well as advising distressed businesses on restructuring moratoriums. The department is highly sought after by clients from the financial and insurance sectors for advice on liquidations, investigations and the civil and criminal liability of directors. The team members are frequently appointed as court administrators and receivers, with additional experience in asset sale negotiations.

View ranking table

Work Highlights

Schellenberg Wittmer assisted the joint liquidators of Phoenix Commodities with the recognition of a foreign insolvency decree to bring a directors' liability claim against a Switzerland-based de facto director.