A composition or a similar procedure approved by a foreign authority shall be recognised in Switzerland. Articles 166–170 and 174a–174c apply by analogy.130 Creditors domiciled in Switzerland shall be heard.
130 Sentence amended by No I of the FA of 16 March 2018, in force since 1 Jan. 2019 (AS 2018 3263; BBl 2017 4125).
>I. Scope of application. Seat of the arbitral tribunal >