Corporate Insolvency

Why Chose Artelion for Business Insolvency and Restructuring?

In Switzerland, businesses facing financial distress have access to a robust framework designed to help them recover, restructure, and avoid liquidation. The Swiss insolvency system provides a range of options, from preventive measures to restructuring processes, all aimed at protecting creditors while giving struggling businesses a second chance.

At Artelion, we specialize in guiding businesses through the complexities of insolvency, restructuring, and corporate recovery. Here’s why partnering with us makes a difference:

• Deep Expertise in Swiss Insolvency Procedures
  Artelion provides expert guidance through every stage of the restructuring process, ensuring compliance with Swiss insolvency regulations and other relevant guidelines. Our professionals are experienced in handling all aspects of bankruptcy, liquidation, and corporate restructuring—from filing petitions to negotiating debt reduction or more favorable payment terms.
• Tailored Restructuring Plans for Your Business
  We create customized restructuring plans tailored to your company’s unique financial situation, including negotiations with creditors, cost-cutting strategies, and restructuring of debt to maximize recovery potential. Our team works directly with both creditors and the court to ensure that your restructuring plan is viable and will be approved, allowing your business to continue operations.
• Expert Debt Negotiation
  Artelion specializes in negotiating favorable terms with creditors. We help businesses secure debt rescheduling, convert debt into equity, or even achieve debt write-offs, all of which can provide immediate relief and improve the chances of long-term recovery. With strong relationships in the financial sector, our team can leverage its network to obtain the best possible outcomes for your business.
• Protection from Creditors
  We help businesses obtain interim relief during the restructuring process, which offers temporary protection from creditors. This protection allows your company to stabilize its finances and reorganize without the constant threat of liquidation or asset seizure.
• Minimizing Personal Liability Risks
  Our team provides strategic advice to business owners and directors on minimizing personal liability risks. In Switzerland, directors can be personally liable if the company continues to operate while insolvent. Early intervention can help mitigate these risks and protect your personal assets.
• Strategic Advice for Business Continuity
  At Artelion, we offer practical, strategic advice to ensure your business continues to operate smoothly during the restructuring process. This includes guidance on operational adjustments, cost-saving measures, and managing employee relations to improve liquidity.
• Reputation Management
  We understand how critical your company’s reputation is. Our team helps you manage stakeholder relationships, including with creditors, suppliers, and customers, ensuring that your commitment to recovery is clear and your brand is protected throughout the restructuring process.
• Cross-Border Expertise for Multinational Businesses
  If your company has international operations or creditors in other jurisdictions, Artelion has the experience to handle cross-border insolvency and restructuring matters. We understand the complexities of multinational financial structures and can navigate them effectively.
• Fast and Efficient Action
  In insolvency and restructuring matters, time is of the essence. Artelion is equipped to act quickly, offering immediate advice and practical solutions to guide your business through the insolvency or restructuring process as efficiently as possible.

Insolvency in Switzerland

Swiss insolvency procedures are primarily governed by the Swiss Debt Enforcement and Bankruptcy Act (SchKG). Key aspects include:

• Insolvency: A business is considered insolvent if it cannot meet its payment obligations as they become due, and if its liabilities exceed its assets.
• Bankruptcy Proceedings: If restructuring is not viable, a company may enter into bankruptcy, which typically leads to the liquidation of its assets.
• Reorganization Proceedings: For businesses facing financial difficulties but with the potential to continue operating, Swiss procedures allow for reorganization, which lets businesses restructure their debts and operations under court supervision, without entering bankruptcy.

Types of Insolvency Procedures for Businesses

• Ordinary Bankruptcy: The company is liquidated, and its assets are sold to satisfy creditor claims. This is typically the outcome when reorganization is not an option.
• Composition Proceedings (Reorganization): If your business can still operate, it can enter into composition proceedings. This gives you the chance to restructure debts and operations under judicial supervision.
• Interim Relief: Businesses facing imminent financial distress can apply for temporary protection from creditors, allowing time to stabilize and initiate a restructuring process.
• Voluntary Liquidation: If your company’s shareholders decide to shut down the business, voluntary liquidation may be an option.

Advantages of Restructuring for Your Business

• Preserving Business Value: Restructuring helps preserve valuable assets, reduce liabilities, and avoid the damaging effects of liquidation.
• Avoiding Bankruptcy: A carefully executed restructuring plan can help your business avoid bankruptcy, which can lead to the sale of assets, loss of reputation, and severed business relationships.
• Improved Creditor Relations: Reorganization allows for the renegotiation of terms with creditors—such as extending payment deadlines, reducing debt, or converting debt into equity—making recovery more achievable.
• Employee Retention: A restructuring process can help safeguard jobs and avoid business closure, minimizing the social impact and ensuring that operations continue smoothly.

Insolvency and restructuring provide businesses with an opportunity to recover from financial distress and avoid liquidation. By partnering with Artelion, you gain access to expert guidance, customized restructuring plans, and effective negotiations with creditors—all aimed at preserving your business operations and achieving financial recovery. Whether you’re seeking protection from creditors, negotiating debt, or managing corporate insolvency, Artelion’s expertise is the key to successfully navigating these complex financial challenges.