(1) If, before the insolvency proceedings were opened, the debtor sold a movable article while retaining title and transferring its possession to the buyer, the buyer may claim performance of the sales contract. The same applies if the debtor has undertaken additional obligations with respect to the purchase and such obligations have not been met or have not been fully met.
(2) If, before the insolvency proceedings were opened, the debtor purchased a movable article in which the seller has retained title and whose possession was transferred to the debtor by the seller, the insolvency administrator, if required by the seller to opt for performance or non-performance, need not submit his or her declaration pursuant to section 103 (2) sentence 2 until immediately after the report meeting. This does not apply if in the period preceding the report meeting a considerable reduction is to be expected in the value of the movable article and the creditor has notified the administrator of this circumstance.