Administration (law)

As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – an alternative to liquidation – is often known as going into administration. A company in administration is operated by the administrator (as interim chief executive) on behalf of the creditors as a going concern while options are sought short of liquidation. These options include recapitalising the business, selling the business to new owners, or demerging it into elements that can be sold and closing the remainder.

Administration differs from receivership in that it is usually carried out by a judicial authority, whereas receivership is called in by the bank or creditors involved.

Australia

In Australia there are two related processes: voluntary administration and deeds of company arrangement which are also supervised by an administrator.

Latest News for: Administration law

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Pechoin says banned ingredients don't exist in its upgraded products

ECNS 21 Nov 2024
Shanghai Municipal Drug Administration explained that its previous response to the whistleblower was based on both the content of the report and the results of the verification, and that the report is true does not mean Pechoin violates the law ... law, the drug administration added....
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Trump promises clean water. Will he clean up ‘forever chemicals’?

Chatanooga Times Free Press 21 Nov 2024
The Biden administration, with funding under the 2021 infrastructure law, has also taken on lead, a neurotoxin that still leaches into drinking water from decades-old pipes ... timing makes it vulnerable to a law that allows Congress to review recent rules before they go into effect....
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FM firmly opposes interference of certain countries in China's internal affairs

ECNS 21 Nov 2024
... agent and pawn of the anti-China forces, noting that the Hong Kong Special Administrative Region (HKSAR) government upholds national security in accordance with the Basic Law and the National Security Law for Hong Kong, which is well-founded in law and reason and beyond reproach....
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Biden Desperately Tries to Save His Legacy

The American Spectator 21 Nov 2024
The problem for Biden is that his administration has failed to actually spend much of this money ... While some delays stemmed from provisions requiring spending to occur in later years, for the most part, the Biden administration was simply unprepared to actually do anything with the laws Biden signed....
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How did Senators Booker, Helmy vote on bill to block arms sales to Israel?

New Jersey Herald 21 Nov 2024
The Biden administration also issued an arms transfer policy in February 2023 declaring it would not provide arms to recipients contributing to violations of human rights or international humanitarian law. The Biden administration in October told Israel that it had 30 days to improve the flow of aid to Gaza or risk consequences to U.S....
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More than 55 Jewish groups come out against terrorism bill that could threaten nonprofits

Jewish Telegraph Agency 21 Nov 2024
... as many Democratic lawmakers argued the bill could be abused by the incoming Trump administration ... If the bill becomes law, the person charged with its use during the next administration could end up being Marc Rowan, one of Donald Trump’s top contenders for Treasury secretary....
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Medicaid may face big cuts and work requirements

The Spokesman-Review 21 Nov 2024
Some of the changes are being proposed as a way to pay for a law that would extend the tax cuts from the first Trump administration, most of which benefited corporations and wealthier Americans ... Congressional Republicans have repeatedly introduced laws with Medicaid work requirements but struggled to get them passed....
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Ex-Cebu City Administrator files ‘child abuse’ complaint vs Garcia

The Philadelphia Inquirer 21 Nov 2024
Rosell’s complaints included violations of the Revised Penal Code, the Anti-Child Abuse Act, and other special laws....
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North Las Vegas appoints city attorney

Las Vegas Review-Journal 21 Nov 2024
Moore holds degrees in history and law from the University of California, Santa Barbara, and the University of Oregon, respectively. The city said Moore has “extensive experience” in administrative law and local government, including zoning and land use, public records, licensing and real estate transactions....
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Nearly half of Muslim students at California universities say they have been harassed, survey finds

The Los Angeles Times 21 Nov 2024
many universities, administrators, and law enforcement have failed to offer the necessary support, leaving students feeling threatened, targeted, and isolated,' said Bayanne Kanawati, program manger for the center, which surveyed students at campuses including UC Irvine, UC Riverside, UC Berkeley and Cal State Fullerton....
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Elon Musk and Vivek Ramaswamy aim to follow Supreme Court decisions to limit US agencies

Hindustan Times 21 Nov 2024
... of ambiguous laws ... William Buzbee, a professor at Georgetown Law who specializes in administrative law, called Musk and Ramaswamy's interpretation of the recent Supreme Court cases "very confused," and that neither decision limits agency powers as drastically as they claim....
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Guangzhou plans more gender-neutral toilets

China.dot.org 21 Nov 2024
The Guangzhou public sanitation toilet layout plan (2024-2035), released on the website of the city's bureau of coordinated administrative law enforcement for urban management, has been open for public comments since Monday ... ....

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