Switzerland Doing Business 2020

Reorganization proceedings index (0-3)
1.0
Which creditors vote on the proposed reorganization plan?
(b) Only creditors
whose rights are
affected by the
proposed plan
1.0
Does the insolvency framework require that dissenting creditors in reorganization receive at least as much as
what they would obtain in a liquidation?
No
0.0
Are the creditors divided into classes for the purposes of voting on the reorganization plan, does each class vote
separately and are creditors in the same class treated equally?
No
0.0
Creditor participation index (0-4)
4.0
Does the insolvency framework require approval by the creditors for selection or appointment of the insolvency
representative?
Yes
1.0
Does the insolvency framework require approval by the creditors for sale of substantial assets of the debtor?
Yes
1.0
Does the insolvency framework provide that a creditor has the right to request information from the insolvency
representative?
Yes
1.0
Does the insolvency framework provide that a creditor has the right to object to decisions accepting or rejecting
creditors' claims?
Yes
1.0
Switzerland
Doing Business 2020
Page 58

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Employing Workers
presents detailed data for the employing workers indicators on the
website (
). The study does not present
rankings of economies on these indicators or include the topic in the aggregate ease of doing business score or ranking on the ease of doing business.
Doing Business
Doing Business
http://www.doingbusiness.org
The most recent round of data collection was completed in May 2019.
.
See the methodology for more information
What the indicators measure
(i) whether fixed-term contracts are prohibited for permanent
tasks; (ii) maximum cumulative duration of fixed-term contracts;
(iii) length of the maximum probationary period; (iv) minimum
wage;(v) ratio of minimum wage to the average value added per
worker.
Hiring
(i) maximum number of working days allowed per week; (ii)
premiums for work: at night, on a weekly rest day and overtime;
(iii) whether there are restrictions on work at night, work on a
weekly rest day and for overtime work; (iv) length of paid annual
leave.
Working hours
(i) whether redundancy can be basis for terminating workers; (ii)
whether employer needs to notify and/or get approval from third