Kernrechtsfrage
Whether the cession agreement allowed higher offers only from creditors.
Extrahierter Entscheid
Yes. The wording, preamble and article 8 of the agreement showed that only creditors were entitled to submit higher offers and take part in the private auction.
Extrahierte Begründung
The court applied contractual interpretation principles and held that the text and context of the agreement were clear; the published notice was addressed only to creditors.