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Banking & Financial Services

03 March 2020
Johannes A Bürgi Legal considerations of assignment of receivables under Swiss international private law

Switzerland - Walder Wyss

From a Swiss legal perspective, in order to ascertain the enforceability of an assignment against a debtor of receivables, the assignment of a receivable must be subject to the law governing the receivables. Further, in order to safeguard the validity of a Swiss law-governed assignment of receivables under a formalities perspective, care must be taken that a wet-ink original of each declaration of assignment is made available to the assignee.

Authors: Johannes A Bürgi, Elisabeth Moskric
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