Crisis Situations: Guidelines for Boards
of Directors

Bär & Karrer Briefing

In a financial crisis, boards of Swiss companies must act swiftly and decisively. Our latest briefing highlights the most urgent priorities under Swiss law such as:

• Duty to act – conduct a realistic analysis and implement restructuring measures
• Liquidity is key – plan, monitor and conserve
• No group perspective – the board must safeguard the interest of its legal entity
• Payment strategy – equal treatment of creditors