Question juridique clé
Whether the cantonal court had to take into account a concordat request filed after the bankruptcy hearing and before its judgment.
Solution extraite
No. The alleged concordat request was untimely under Art. 173a para. 1 SchKG and could not affect the bankruptcy decision.
Motifs extraits
The request should have been submitted no later than the bankruptcy hearing. Because the debtor did not show that it properly raised the point below, the allegation was a new inadmissible fact on federal appeal and in any event could not change the outcome.