(PILA)

1 A Swiss com­pany may sub­ject it­self to a for­eign law without be­ing li­quid­ated or re-es­tab­lished, provided it meets the re­quire­ments of Swiss law and con­tin­ues to ex­ist un­der the for­eign law.

2 The cred­it­ors must be in­vited to file their claims by pub­lic no­ti­fic­a­tion an­noun­cing the forth­com­ing change of the leg­al status of the com­pany. Art­icle 46 of the Mer­gers Act of 3 Oc­to­ber 2003⁷⁹ ap­plies by ana­logy.

3 The pro­vi­sions re­lat­ing to pro­tect­ive meas­ures in the event of in­ter­na­tion­al con­flicts with­in the mean­ing of Art­icle 61 of the Na­tion­al Eco­nom­ic Sup­ply Act of 8 Oc­to­ber 1982⁸⁰ are re­served.