This covers liquidations and judicial management. Quite an interesting subject but also extremely challenging one. The trustee or liquidator steps in into the shoes of the insolvent or the company in liquidation. Not only is the insolvency practitioner confronted with legal problems experienced by the insolvent or company in liquidation before sequestration or liquidation but, must also take into account of the effects of the insolvency practitioner to deal with all legal problems personally as he is entitled to employ attorneys or advocates to deal with the legal issues. The basic functions of Insolvency Administrators are to participate in acts performed by the debtor in order to exercise its powers with respect to its assets, to replace the debtor when said powers have been discontinued and draw up the report issued by the Insolvency Administrators, to which the inventory of the assets of the estate, list of creditors and, where applicable, an assessment of the agreement proposals submitted must be attached. We are proactive as insolvency administrators in insolvency proceedings of any size. Our cross-regional task force guarantees that business operations are swiftly stabilized, their continuation is safeguarded and final solutions such as a sale or a restructuring plan are rapidly developed and implemented. We ensure this through around 100 of our own employees at nationwide centres of competence and ten locations. In doing so, we are committed to striking a fair balance between the legitimate interests of all the stakeholders (suppliers, customers, employees, banks). At the same time, we focus primarily on saving jobs. In this role, we see ourselves as a service provider for all creditors and the insolvency courts.