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.
Larger sized productions are often filmed at a number of locations. During post production, the editor will be able to change the scene and angles of the actor and environment to help create an engaging story. Adequate time spent in the pre-production process will definitely pay off and make this process more smooth.