What 'Local mis sous main de justice' means on Strasbourg's closed La Droguerie

The "Local mis sous main de justice" sign on Strasbourg's closed La Droguerie means the premises and stock are under judicial control amid insolvency proceedings. The Strasbourg store is a branch of a company based in western France currently in receivership. A court-appointed administrator oversees the procedure, while commissioner of justice Gérard Wagner values the merchandise. Ultimately, a judge-commissioner will decide whether stock is sold at public auction or another solution. The company might be bought out, but the procedure's outcome and timing remain uncertain.