Swiss court weighs in on the distribution of liquidation surplus for dissolved entities
Credit: shutterstock/ Bumble Dee
Switzerland’s highest court has ruled that where a company is liquidated due to organisational defects, the court-appointed cantonal bankruptcy office overseeing its liquidation must return surplus assets to either a debtor or a deposit and consignment fund.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Subscribe now