There are multiple definitions - click on the translation that matches your context.
Insolvenzverwalter means:
Substantiv
partial
noun
If you target audience is American, this recognized American legal term will be very helpful to convey the principle duties and responsibilities of the German "Insolvenzverwalter". However, we tend to steer clear of any derivative of the word "trust", since they do not exist under German law. Our preference in "insolvency administrtor".
an insolvency practitioner appointed in all US Chapter 7 and Chapter 13 cases whose job is to take control of the bankruptcy estate, sell the assets and distribute the proceeds to creditors
The bankruptcy trustee said that $6.7 billion will be returned to about 26,000 customers.
an insolvency practitioner whose job is to take control of the bankruptcy estate, sell the assets and distribute the proceeds to creditors
His bankruptcy trustees gave notice that he would leave the multimillion-pound property in September.