Written by Rohan Lamprecht. The term insolvency is commonly confused with bankruptcy and is often used incorrectly as a synonym for bankruptcy. Although both insolvency and bankruptcy deal with liabilities exceeding assets, insolvency refers to a financial state and bankruptcy to a distinct legal concept, a matter of law. Insolvency is defined as a financial condition or state experienced when: A legal entity* or a personâs liabilities (debts) exceeds their assets, commonly referred to as 'balance-sheet' insolvency; or
Production design is the visualization of the mood, tone, and character of each scene in a film; it's a foundation and reference point for the social group or groups in the film, providing contrast and root for each character or groups of characters and for the events in the film. Production design sets place.
These details are what make your set believable. Once the Production Designer has finished their research and come up with a plan for the showâs visual look, they oversee the art department as they materialize your vision. This is no easy taskâthe art department is the largest department on a film set. It requires strong management skills to ensure all facets of this large department are working in line with your creative vision. It also requires the patience, flexibility, and creativity to devise new solutions when plans fall through.