Attachment Order – pre-trial strategy
An Attachment Order is used to freeze the debtor's assets (bank balances, receivables, real estate, etc.) before (or after) proceedings are initiated before a state court or an arbitration tribunal in Switzerland or abroad. An Attachmend Order provides the creditor with a strong negotiating position, potentially avoiding a protracted dispute and should be part of every creditor's strategic planning.
An Attachment Order is based either on an enforceable domestic or foreign judgment or on specific circumstances, such as fraud or the debtor residing abroad.
Asset protection – strategy before the trial
The VISCHER litigation team also advises debtors who are concerned about their Swiss assets being frozen. We provide comprehensive guidance on the circumstances under which this can happen and how to defend against it, for example, by filing a protective letter.
The VISCHER litigation team maintains the website http://www.arrestpraxis.ch, a unique Swiss for expertise in this area.
Our services include:
- Litigation before state courts
- Arbitration
- Asset freezing and attachments (see www.attachment.ch)
- Precautionary legal protection
- Enforcement of foreign judgments and arbitral awards
- Legal assistance
- Bankruptcy-related litigation
- White-collar crime and civil fraud
- Industry-specific specializations in aviation, financial services, and insurance