Federal Act
on Private International Law
(PILA)

¹ After dis­tri­bu­tion of the pro­ceeds in ac­cord­ance with Art­icle 172 para­graph 1, any bal­ance shall be re­mit­ted to the for­eign bank­ruptcy es­tate or to those cred­it­ors that are en­titled to it.

² The bal­ance may only be re­mit­ted after re­cog­ni­tion of the for­eign sched­ule of claims.

³ The Swiss court that has jur­is­dic­tion to re­cog­nise the for­eign bank­ruptcy de­cree also has jur­is­dic­tion to re­cog­nise the for­eign sched­ule of claims. This court shall re­view in par­tic­u­lar wheth­er the cred­it­ors dom­i­ciled in Switzer­land have been in­cluded fairly in the for­eign sched­ule of claims. These cred­it­ors shall be heard.