Corporate bankruptcies on the rise and no relief in sight? A Swiss perspective
Daniel Hayek, Mark Meili, and Dr. Oliver Jany examine the factors driving the recent rise in corporate bankruptcies both in Switzerland and globally. While post-pandemic effects and persistent economic, geopolitical, and political uncertainty are widely seen as the main causes of increasing insolvencies worldwide, these factors appear to be less significant in the Swiss context. In Switzerland, the sharp increase in corporate bankruptcies is primarily attributed to an amendment to the Swiss Debt Enforcement and Bankruptcy Act, which entered into force on 1 January 2025. This regulatory change is identified as one of the key drivers behind the recent rise in corporate bankruptcies in Switzerland.