(1) The right of a third party in an object in the insolvency estate which at the time of the opening of the foreign insolvency proceedings was situated on domestic territory and which in accordance with domestic law grants a right to separation or to separate satisfaction remains unaffected by the opening of the foreign insolvency proceedings.
(2) The effects of the foreign insolvency proceedings on the debtor’s rights in immovables situated on domestic territory are, notwithstanding section 336 sentence 2, determined in accordance with German law.