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Bankruptcies on the rise – La Liberté

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Posted on 12/30/2021

Crisis “ The number of company bankruptcies in Switzerland is expected to reach some 5,200 this year, 6% more than in 2020. This figure is lower than expected, observed Wednesday the Swiss creditors union Creditreform.
But the worst could be to come, with the end of public aid, because it is to be expected that certain so-called “zombie” companies will find themselves in default as soon as they find themselves left to fend for themselves. The increase in bankruptcies can also be explained by legal developments. ATS

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