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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OKLAHOMA WATCH: Schools wait to learn how to police their bathrooms

Tahlequah Daily Press 07 Aug 2022
The fallout from a state law created to police bathroom use is still unclear in the eyes of students, teachers, administrators and mental health experts weeks before school starts, leaving them with little time to prepare ... required to monitor bathroom use by his administrators....
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House GOP immigration framework would be a promising start

The Hill 07 Aug 2022
Equally as important, the framework pledges to rein in the Biden administration’s exercise of what amounts to retroactive veto power over immigration laws ... statute signed into law by previous administrations, including many for which Biden voted during his decades in the Senate....
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SC hires and promotions

The Post and Courier 07 Aug 2022
He has a bachelor's degree in finance from the University of Connecticut and master's degree in business administration from the University of Massachusetts.Law ... She is based in the Mount Pleasant office and oversees the employment law practice group ... He has a bachelor's degree in business administration from the College of Charleston.Software....
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Authorities impose restrictions on Muharram procession

The Siasat Daily 07 Aug 2022
Earlier Srinagar Administration issued an order, disallowing Muharram processions to avoid law and order problems ... The order further stated that, “Whereas, Law & order and Security concern is the top most priority of the Government of the Jammu and Kashmir keeping in view the larger public interest and safety of its citizens”....
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CAIR Raises Reward for Info Leading to Arrest of New Mexico Shooter Targeting Muslims to ...

Victoria Advocate 07 Aug 2022
Civil rights group also calls on the Biden administration to order an 'all hands on deck' federal response and ensure law enforcement has sufficient resources to stop the attacks ... CAIR also called on the Biden administration to take a direct role in responding to the shooting ......
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Metro Baguio Devt Authority now a law

The Manila Times 07 Aug 2022
The bill that seeks to create the Metropolitan Baguio City, La Trinidad, Itogon, Sablan, Tuba and Tublay Development Authority (MBLISTTDA) is now a law ... Under RA 11932, Baguio City and the neighboring towns of La Trinidad, Itogon, Sablan, Tuba and Tublay will be assigned as a special development and administrative area....
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Saudi Arabia leads condemnations of Israel's storming of Al-Aqsa Mosque

Union Leader 07 Aug 2022
RIYADH — Saudi Arabia on Sunday condemned Israeli settler storming of Al-Aqsa Mosque courtyard in what the Kingdom called a "serious violation of international law" ... He described Israel's actions as a "violation of the historical and legal status quo and international law" and said it is a disrespect to the authority of the administration....
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Safe City cameras to be used for aerial surveillance of processions

The News International 07 Aug 2022
The Islamabad administration, meanwhile, has banned pillion riding during Muharram, the DC Office said ... The general public is advised to cooperate with the Islamabad administration, the office of the deputy commissioner said and added, strict action will be taken against the people found in violation of law....
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DC visits routes of mourning processions

The News International 07 Aug 2022
He asked them about the administrative and security arrangements made for the processions, who expressed their satisfaction over security and other arrangements ... continuous monitoring of security arrangements and administrative matters would be carried out....
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Saudi Arabia leads condemnations of Israel’s storming of Al-Aqsa Mosque

Arab News 07 Aug 2022
Saudi Arabia on Sunday condemned Israeli settler storming of Al-Aqsa Mosque courtyard in what the Kingdom called a “serious violation of international law... He described Israel’s actions as a “violation of the historical and legal status quo and international law” and said it is a disrespect to the authority of the administration....
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Security steps being reviewed on daily basis, says DC

Urdu Point 07 Aug 2022
... Police Officer (DPO) Zeeshan Raza said on Sunday that meetings with members of the district peace committee was being held daily, in which people belonging to all schools of thought, administrative officers and representatives of the law-enforcement agencies were participating....
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Security plan for Karachi's Ashura processions finalised

Dawn 07 Aug 2022
... administration to monitor all routes through CCTV. DC Marri said that all law enforcement agencies and city authorities, such as K-Electric, Karachi Metropolitan Corporation, Sindh Solid Waste Management Board and more, were in contact with District South's administration....
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Don't make criminals out of the homeless

News-Press Now 07 Aug 2022
Mike Parson’s own top mental health official laid out to him all the reasons this law is counterproductive ... As the Post-Dispatch‘s Kurt Erickson reports, Parson’s own cabinet-level mental health director, Valerie Huhn, told the administration in May that the law would exacerbate, not alleviate, the homeless crisis in places like St....

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