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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Public more aware of wetlands protection

China Daily 20 Jan 2022
China has 64 wetlands of international importance that cover 7.32 million hectares, harbor 2,258 plant species and 260 bird species, the National Forestry and Grassland Administration said in a white paper released on Wednesday ... China passed a new law on wetlands protection in December that was the country's first specialized law on the issue....
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Florida health official sent an email calling out his unvaccinated colleagues. He's now on administrative leave

Henry Herald 20 Jan 2022
"As the decision to get vaccinated is a personal medical choice that should be made free from coercion and mandates from employers, the employee in question has been placed on administrative leave, and the Florida Department of Health is conducting an inquiry to determine if any laws were broken in this case," Khoury said in a statement....
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Orange County health director Dr. Raul Pino placed on administrative leave for urging staff to get

Democratic Underground 20 Jan 2022
“As the decision to get vaccinated is a personal medical choice that should be made free from coercion and mandates from employers, the employee in question has been placed on administrative leave, and the Florida Department of Health is conducting an inquiry to determine if any laws were broken in this case....
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Human trafficking in Pa. and the tools to fight it spotlighted by state legal experts

Daily American 20 Jan 2022
Because intimidation, language barriers, and socioeconomic vulnerabilities can impede cooperation with law enforcement, court-case statistics offer only a limited perspective about the scale of the criminal activity involved ... Pennsylvania has several human trafficking laws that provide tools for the court to assist victims and survivors....
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5 significant bills and 5 executive orders Biden signed in his first year -- and ...

News-Press Now 20 Jan 2022
Here are the top five bills Biden signed into law this year, his top five executive orders and the top five things he will prioritize in 2022. Five marquee laws Biden signed in his first year ... The administration also continues to allocate $1.9 trillion in funds from the Democrats' Covid-19 emergency relief law the President signed into law last year....
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Justices seem sympathetic to Cruz in campaign finance case

Johnson City Press 20 Jan 2022
Ted Cruz in a challenge the Texas Republican brought to a provision of campaign finance law limiting the repayment of federal candidates’ loans to their campaigns ... The administration is arguing that Cruz does not have a right to challenge the law, in part because in his case it does not prevent him from being repaid in full....
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Gilford mum on police chief's suspension

Union Leader 20 Jan 2022
Almost eight years into his tenure as Gilford’s police chief, Anthony Burpee Bean is on paid administrative leave and the town isn’t saying why ... Dunn, Gilford’s town administrator, in an e-mail Tuesday said Bean Burpee, who began serving as chief on June 1, 2014, was placed on leave on Jan....
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Justices hear senator's campaign-loan case

Arkansas Democrat-Gazette 20 Jan 2022
Ted Cruz brought to a provision of campaign finance law limiting the repayment of federal candidates' loans to their campaigns ... The administration is arguing that Cruz does not have a right to challenge the law, in part because in his case it does not prevent him from being repaid in full....
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AtlantiCare to pay Atlantic City $267,180 a year in community investment funding

Atlantic City 20 Jan 2022
Weekes said there should be some way of tracking concerns if the council members cannot address them themselves with administration representatives ... Business Administrator Anthony Swan said under state law and the Faulkner Act, which covers Atlantic City's form of government, "that's the way it's supposed to work."....
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'Second Amendment preservation' bill advances through Iowa Senate subcommittee

The Hawk Eye 20 Jan 2022
"No congressional act, no presidential order, no administrative rule of bureaucracy is law if it goes against the Constitution." ... "All federal acts, laws, executive orders, administrative orders, court orders, rules and regulations that infringe on the people's right to keep and ......
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Nnamdi Kanu: FG’s poor compliance record raises doubt

Business Day Online 20 Jan 2022
The scepticism arose as a result of long list of repeated disobedience to court orders by the current administration ... According to Ajulo, the continued flouting of court orders by the Federal Government was a danger to democracy and the Rule of Law ... manner he interpreted the law....
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JI wants Bhutto-era LG system, Naeem tells CM

Dawn 20 Jan 2022
The JI said it was architected and imposed by former prime minister and Pakistan Peoples Party founder Zulfikar Ali Bhutto as the country’s president, commander-in-chief and the first civilian chief martial law administrator ... “Who has insisted for Musharraf’s or Zia’s laws? I challenge you to prove your claim....
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Commentary: How President Biden can repair America’s global leadership

Finger Lakes Times 20 Jan 2022
Attempts by the Biden administration to pass serious new laws on climate change have faltered with the stalling of the “Build Back Better” bill ... How does the administration lead by its democratic example when U.S ... Words and laws matter ... Those who hatched the plot should not be above the law, no matter how high they were in government....
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