Key legal question
Whether ASLOCA had standing to appeal the Geneva judgment and sale authorizations
Extracted holding
ASLOCA did not show that it was directly affected or that it met the requirements for an associative appeal on behalf of its members.
Extracted reasoning
An association may appeal only if it is personally affected or satisfies the conditions for a corporative appeal. Here, it neither demonstrated direct impact nor that a majority or a large number of its members were individually entitled to appeal; it could not litigate on behalf of one member or a minority.