A leading restructuring specialist from Alvarez & Marsal has issued a stark warning about corporate practices in Switzerland, arguing that companies are being pushed into bankruptcy proceedings with excessive haste. In an exclusive interview with finews.ch, Alessandro Farsaci contends that the debt restructuring moratorium, known as Nachlassstundung, often presents a more viable path to recovery than immediate liquidation. However, he emphasizes this is not a simple, textbook solution and requires careful navigation. Farsaci also outlines crucial guidance for boards of directors aimed at preventing corporate distress and the subsequent need for external turnaround services altogether.
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0 in Finance and 0 in Crypto last weekAndreas Arni appointed CEO of Marcuard Family Office succeeding Martin Sutter
Andreas Arni has succeeded Martin Sutter as CEO and Managing Partner of Marcuard Family Office, effective January 1. Sutter, who led the firm for over a decade, will transition to the Board of Directors. Arni brings over 20 years of banking and wealth management experience, having previously managed Lombard Odier’s operations in German-speaking Switzerland.
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