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Part 2 · Opening of insolvency proceedings. Recognised assets and parties to proceedings  ›  Division 1 · Conditions and procedure for opening of proceedings › Section 34

Appeal

(1) If the opening of insolvency proceedings is refused, the requesting party, and the debtor if the request was refused under section 26, may bring an immediate appeal.

(2) If the insolvency proceedings are opened, the debtor may bring an immediate appeal.

(3) As soon as a decision repealing the order opening insolvency proceedings has become effective such termination of the insolvency proceedings is to be published. Section 200 (2) sentence 2 applies accordingly. The legal effects of transactions executed by or against the insolvency administrator remain unaffected by such termination.

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