Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)


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Art. 180

IV. Fail­ure of debt as­sump­tion con­tract

 

1 In the event of the fail­ure of the debt as­sump­tion con­tract, the pre­vi­ous debt­or’s ob­lig­a­tion is re­vived with all ac­cess­ory rights, sub­ject to the rights of bona fide third parties.

2 The cred­it­or may also claim dam­ages from the would-be debt ac­quirer for any dam­age suffered as a res­ult of the loss of se­cur­ity pre­vi­ously ob­tained or for sim­il­ar reas­ons, un­less the would-be debt ac­quirer can prove that he was in no way to blame for the fail­ure of the debt as­sump­tion con­tract or the dam­age caused to the cred­it­or.

 
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