Restructuring/Insolvency
Europe Guide 2024 : Switzerland
Band 1
About
Provided by Wenger Plattner
Drawing on their vast body of experience, our team analyse crisis situations rapidly and cost-effectively. In a race against time, we devise solutions for creditors and debtors that are easy to implement and assist in implementing these solutions with optimum results.
Enforcement
By way of execution (attachment or debt enforcement proceedings), we enforce domestic and foreign judgments for national and international creditors against debtors, who are resident, have their registered office, or hold assets in Switzerland.
Composition proceedings and bankruptcy
In composition proceedings and bankruptcies, we act as administrators, liquidators, trustees in bankruptcy, or members of creditor committees. We bring actions to contest schedules of claims and avoidance actions. We assist foreign receivers and trustees in bankruptcy in expanding insolvency proceedings into Switzerland and in recovering assets located there.
Restructuring
We develop reorganisation plans for debtors in financial distress and assist in their implementation. We conduct negotiations with important creditors (lenders, employees, or suppliers) and advise on M&A transactions in crisis situations.
Chambers Review
Wenger Plattner has a stellar practice that represents both creditors and debtors in bankruptcies and liquidations. The team is market-leading for pre-insolvency and restructuring advice, often advising large domestic companies from the financial services and energy industries. The department is noted for its adept handling of cross-border matters. The lawyers often act as FINMA-appointed liquidators.
Work Highlights
- The lawyers at Wenger Plattner have been appointed as administrators for Nyco Flexible Packaging.
Strengths
Provided by Chambers
"The firm has a profound knowledge and experience in cross-border matters."
"Wenger Plattner has a very experienced insolvency and restructuring team, which is able to cover a wide range of topics and efficiently deal with complex cross-border cases. The firm is very responsive and easy to work with."
"The restructuring team at Wenger Plattner consists of several top-level lawyers."
"The firm is extremely reliable."
"Wenger Plattner is one of the go-to firms in Switzerland for insolvency matters."
"The firm has a profound knowledge and experience in cross-border matters."
"Wenger Plattner has a very experienced insolvency and restructuring team, which is able to cover a wide range of topics and efficiently deal with complex cross-border cases. The firm is very responsive and easy to work with."
"The restructuring team at Wenger Plattner consists of several top-level lawyers."
"The firm is extremely reliable."
"Wenger Plattner is one of the go-to firms in Switzerland for insolvency matters."
Notable Practitioners
Karl Wüthrich receives praise for his longstanding presence in the market. He offers extensive expertise in handling liquidations and insolvency proceedings.
"Karl Wüthrich is a leading name in the Swiss insolvency market."
Brigitte Umbach-Spahn acts as administrator in debt restructuring, with further noteworthy activity in bankruptcy and insolvency proceedings.
"Brigitte is a standout lawyer for complex cross-border insolvency work."
"Brigitte is one of the leading restructuring lawyers in Switzerland. It is always great to work with her."
"She is always available and gives high-profile advice."
"She is a very experienced and highly skilled negotiator."
Fritz Rothenbühler frequently acts as an administrator in bankruptcy proceedings. He is also regularly appointed as liquidator in liquidations. He assists clients from the manufacturing, fintech and maritime industries.
Stephan Kesselbach is frequently seen advising on bankruptcy proceedings and debt restructuring matters, often handling cross-border mandates.
Stefan Bossart regularly acts on insolvency proceedings, bankruptcy cases and debt moratoriums for clients across a range of industries, notably energy and manufacturing.
"Stefan is a very sophisticated lawyer, responsive and with a hands-on approach."
"He very quickly grasps the key elements of a complex case."
Ranked Lawyers at
Wenger Plattner
Switzerland
Members
Provided by Wenger Plattner