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Federal Act
on Private International Law
(PILA)

Art. 175

IV. Com­pos­i­tion and sim­il­ar pro­ced­ures.

Re­cog­ni­tion

 

A com­pos­i­tion or a sim­il­ar pro­ced­ure ap­proved by a for­eign au­thor­ity shall be re­cog­nised in Switzer­land. Art­icles 166–170 and 174a–174c ap­ply by ana­logy.158 Cred­it­ors dom­i­ciled in Switzer­land shall be heard.

158 Sen­tence amended by No I of the FA of 16 March 2018, in force since 1 Jan. 2019 (AS 2018 3263; BBl 2017 4125).