Key legal question
Whether the appellant had standing to appeal the bankruptcy opening in his own name
Extracted holding
Standing was denied; he had not adequately shown creditor status and had participated below as a director, not as a creditor.
Extracted reasoning
The new argument that the company's balance sheet showed his creditor status was inadmissible because it had not been raised below. The complaint also failed to establish any legal error in the cantonal court's refusal of standing.