Hospitals in the emergency room – debt restructuring proceedings as a possible restructuring instrument


More and more Swiss hospitals are finding themselves in situations of financial distress. One restructuring instrument that the board of directors of the hospital can then seek is debt restructuring proceedings pursuant to articles 293 et seq. DEBA, as recently chosen by Hospital Wetzikon in the Canton of Zurich. Our July Newsletter summarizes the steps of such proceedings and explains why they are not always the right instrument for resolving a crisis.


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