Key legal question
Whether the appeal against the auction notice was sufficiently reasoned under Art. 79 para. 1 OG.
Extracted holding
No. The appellant did not address the decisive reasoning of the supervisory authority and failed to explain which federal law provisions were violated and how.
Extracted reasoning
An appeal must specify the requested changes and concisely state the violated federal law and the nature of the violation. Since the appellant did not engage with the relevant holding that disputed existence of a pledged claim does not prevent its realization, the pleading requirements were not met.