Kernrechtsfrage
Whether X. had standing under Art. 19 SchKG to challenge a cantonal decision that had already annulled the bankruptcy notice.
Extrahierter Entscheid
No. Because the cantonal authority had already granted the complaint and lifted the bankruptcy notice, X. was not adversely affected by the operative part of that decision.
Extrahierte Begründung
Standing requires a rights-based or at least factual detriment and a protected interest in reversal or amendment. The appellant was not harmed by the dispositive part of the decision; any objection to the reasoning alone is insufficient.