An insolvency administrator replaces the manager of an insolvent firm to devise and organize a liquidation or … reorganization plan in the creditors' interest. In the course of the process, the insolvency administrator presents the most … because the insolvency administrator, as the better-informed party, considers in his proposal liability risks and reputational …

An insolvency administrator replaces the manager of an insolvent firm to devise and organize a liquidation or … reorganization plan in the creditors’ interest. In the course of the process, the insolvency administrator presents the most … because the insolvency administrator, as the better-informed party, considers in his proposal liability risks and reputational …