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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Republican AGs attack Biden's EPA for pursuing environmental discrimination cases

Newsday 18 Apr 2024
LOUIS — Republican attorneys general attacked the Biden administration’s stated goal of pursuing environmental justice, calling it a form of “racial engineering.‘’ ... “The EPA should be focusing on enforcing the environmental laws passed by Congress, not so called ‘environmental justice,’ which is a euphemism for Biden’s extreme agenda,‘’ Moody said....
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House passes bill requiring warrant to purchase data from third parties

The Hill 18 Apr 2024
"If law enforcement wants to gather information about you, they should first obtain a warrant.” ... “In practice, these standards make it impossible for the , law enforcement to acquire a whole host of readily available information that they currently rely on," an administration official said....
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Republican AGs attack Biden’s EPA for pursuing environmental discrimination cases

Daily Press 18 Apr 2024
LOUIS (AP) — Republican attorneys general attacked the Biden administration’s stated goal of pursuing environmental justice, calling it a form of “racial engineering.‘’ ... Their petition demands that the EPA change decades-old rules, though the civil rights law could still be used where discrimination was intentional....
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U.S. Increases Grant Availability to $316M to Modernize Ferry Services

The Maritime Executive 18 Apr 2024
Department of Transportation's Federal Transit Administration (FTA) announced today the availability of $316 million to support and modernize passenger ferry service in communities across the country ... The funding from the Infrastructure Law will be added to the Federal Transit Administration’s longstanding Passenger Ferry Program....
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GOP effort to make Mayorkas face of border runs into Senate dead-end

Fox31 Denver 18 Apr 2024
That includes a law requiring the detention of all migrants entering the country – something no administration has ever done ... Immigration law experts have also said Mayorkas’s policies are in line with immigration statutes and how they’ve been carried out by prior administrations....
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Hoadley: Crisis at southern border is being felt in Michigan

Detroit news 18 Apr 2024
Since President Joe Biden took office and eliminated the Trump administration's border policies, there have been more than 7.2 ... The current administration has sent a clear message that they will not secure the border nor enforce immigration laws that include immediate deportations....
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Royal Canadian Navy leadership covered up for serial sexual offender, Commons committee hears

Canoe 18 Apr 2024
National Defence spokesperson Frédérica Dupuis noted in a previous statement that “we are aware of a series of incidents and allegations that have occurred over the past several years.” She noted that administrative actions had been taken, but said she couldn’t provide details because of privacy law....
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California sets long-awaited drinking water limit for 'Erin Brockovich' contaminant

Fox31 Denver 18 Apr 2024
The proposal was unanimously passed by the State Water Resources Control Board, though it needs approval from the Office of Administrative Law to take effect. The standard could inspire other states to adopt their own ... The board is required by law to set a limit as close to the public health goal as is economically and technologically feasible ... ——— ... ....
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California sets long-awaited drinking water limit for ‘Erin Brockovich’ contaminant

Daily Press 18 Apr 2024
By DORANY PINEDA (Associated Press) ... The proposal was unanimously passed by the State Water Resources Control Board, though it needs approval from the Office of Administrative Law to take effect ... The board is required by law to set a limit as close to the public health goal as is economically and technologically feasible ... ——— ... ....
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Chicago lobbyists escape punishment for improper donations to Mayor Johnson’s campaign

Chicago Sun-Times 18 Apr 2024
Bryan Zarou, director of policy for the transparency and open government nonprofit, The Better Government Association, said while the ambiguity around the law is a factor, “the administration should either resolve it or not accept the money in the first place.” The legal opinion ......
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Death row inmate transfers to Chino prison spur safety concerns with mayor, police

Daily Breeze 18 Apr 2024
All the inmates are being transferred to prisons with electrified fences, and their condemned status has not changed ... Proposition 66 mandate ... Since Feb ... Safety concerns ... He said prison administrators committed to keeping law enforcement and fire officials updated on any security enhancements and other pertinent issues surrounding operations at CIM ... ....
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Mentor Schools implements hand wands search policy

Cascade Business News 17 Apr 2024
“Students will only be searched with a wand when a school administrator reasonably suspects that the search is required to discover evidence of a violation of law or school rules ... According to board policy, school administrators may use hand-held metal detectors whenever ......
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The debate over 'Chevron deference' overlooks its history

The Hill 17 Apr 2024
From the reform era of the Theodore Roosevelt administration to 1969, federal administrative laws rarely exceeded 20 pages in length, because Congress ... The Reagan administration used the new law to “clean house” in key agencies, in its quest to roll back regulatory enforcement....
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