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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Quit Interfering and Save the Postal Service

Barrons 05 Aug 2020
Its board of governors temporarily lost its quorum this year and is now made up only of Trump administration appointees ... I was nominated by President Bill Clinton, and served as chairman during the administration of President George W ... By law, the USPS should have nine members on its board, five of one party and four of another....
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Modi Govt Wants Local Languages In NEP 2020, But Not In EIA 2020

Yahoo Daily News 05 Aug 2020
One of the grounds for not translating the new draft law in regional languages, the ministry claimed in the statement, is that it would “create a big hurdle for the Union of India to perform its normal legislative and administrative function on account of inherent procedural and administrative difficulties” involved in translation....
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Noah Feldman: Can judicial independence outlast four more years of Trump?

Finger Lakes Times 05 Aug 2020
When he's been investigated for corruption or obstruction of justice, he's routinely portrayed himself as above the law. He's directed his administration to issue a spate of unlawful executive orders ... This was a landmark decision holding that the president is not a king and is not above the rule of law....
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PDI-P, Golkar at loggerheads over central govt authority in job creation bill

The Jakarta Post 05 Aug 2020
PDI-P lawmaker Arteria Dahlan, for instance took issue with the shift of regional administrations’ authority regarding spatial planning to the central government, citing Law No ... "Spatial planning is not the central administration's authority ... “Did they read the 2014 law?” he asked....
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AHI Responds to Recent Call to Remove Arms Prohibition on Cyprus

The National Herald 05 Aug 2020
“We call on the relevant Administration officials to issue the reports to Congress, if they have not already done so, as required by law, so a formal accounting of incidents is documented and presented to the public for view.”....
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Provoked by bad government

The Scranton Times-Tribune 05 Aug 2020
“How does it become a man to behave toward this American government to-day?” This is a question that Henry David Thoreau asked in 1848 as he considered his relationship to an administration that he thoroughly detested ... Thoreau’s message is that sometimes it’s righteous to break the law in order to break the bad policies of a bad administration....
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Article 370 Abrogation, 1 Year Ago: What Was Article 370 And What Happened in Jammu & Kashmir After It Was Removed?

Yahoo Daily News 05 Aug 2020
On this day, exactly a year ago, the Indian government abrogated a law enshrined in the country's constitution that guaranteed special status to Jammu & Kashmir ... Law and Order. A year after the unprecedented move of the Narendra Modi government, administration claims that the law and order situation has improved in J&K....
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Georgetown County Sheriff creates citizen review board

The Post and Courier 05 Aug 2020
Obviously current events in the country make any police administrator look inward and see what else we can be doing,” said Weaver ... “From some law administrators that don’t quite seem to understand it, it hasn’t been as positive ... at least five years of law enforcement experience....
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Zahid Hafeez Chaudhri new Foreign Office spokesperson

The News International 05 Aug 2020
Zahid Hafeez Chaudhri holds a Masters degree in International Law from the University of London and second Masters in Business Administration ... Chaudhri holds a Masters degree in International Law from the University of London and second Masters in Business Administration ... ....
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Government Impostor Scams Prey on Fear during Pandemic, BBB Study Finds

Palestine Herald-Press 05 Aug 2020
Some claim to be tax officials and representatives from the Social Security Administration or Service Canada; others claim to be law enforcement officers and threaten legal consequences ... Law enforcement officials have received hundreds of thousands of complaints ... Other law enforcement efforts in the U.S....
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How is America a democractic nation right now?

Democratic Underground 05 Aug 2020
The Trump administration and the president's republican enablers have proven without any doubt or qualifications that they don't believe in free and fair elections, and toil zealously to win at any cost; trampling laws, ......
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Trump's Covid-19 testing czar says the government is doing all it can on tests. That's ...

News-Press Now 05 Aug 2020
Calls have also increased for the Trump administration to make more strategic use of the Cold War-era Defense Production Act. The Trump administration has invoked the DPA to ramp up production of testing swabs as well as ventilators and other equipment, but some health experts have pressed the administration to use the law more aggressively....
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Rep. Carolyn Maloney fends off Democratic primary challenge

CNN 05 Aug 2020
"There must be uniform rules in the administration of elections and those rules are set by the Legislature in the Election Law," said New York State Board of Elections Commissioner and Co-Chair, Peter S ... and threatens to undermine the orderly administration of elections."....
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