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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Appeals court blocks California ban on for-profit prisons

Times Union 27 Sep 2022
The Dignity not Detention Coalition, which sought the California law, in a statement called the Biden administration's support for the lawsuit “another grim marker of the administration’s descent into Trumpian immigration policy.” It urged the administration and Congress to not ......
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FMC hires new judge as caseload balloons

Seatrade Maritime News 27 Sep 2022
Harris Crovella as an Administrative Law Judge to help tackle its rising workload. “The caseload of our Office of the Administrative Law Judge has sharply increased over the past two years resulting from more parties seeking relief to shipping disputes by using the formal complaints process,“ said Chairman Daniel B....
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Wahab resigns as Karachi administrator

Dawn 27 Sep 2022
Speaking to the media, he expressed regret over the court’s decision that temporarily halted the process of collecting municipal taxes through the KE, saying that the relevant laws authorised the city’s metropolitan administration to impose taxes ... The administrator, who is also ......
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Federal court says California ban on private ICE detention facilities is unconstitutional

Finger Lakes Times 27 Sep 2022
The GEO Group sued California over its law in December 2019, shortly after federal officials in the Trump administration signed 15-year contracts worth nearly $6.5 billion with GEO and two other companies that run four private immigrant detention centers in California....
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Council of Legal Education to establish law school in Guyana

Jamaica Observer 27 Sep 2022
Guyana has been trying to establish a law school here for more than three decades, and in a statement Nandlall said the Irtfaan Ali Administration has already told the CLE that it would provide the land and buildings to accommodate the school that will be administered by the council....
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36th District judge 'unfit,' should be removed from bench, state commission says

Detroit news 27 Sep 2022
"When Respondent was not prejudicing the actual administration of justice or missing work or incorrectly applying the law or disrespecting her colleagues and administrators or conducting unrecorded proceedings, Respondent tried using her status as a judge while out in the public for improper personal gain," the JTC wrote in its report....
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Glacier National Park ends air tours with decades late plan

Ravalli Republic 27 Sep 2022
The plan was released 22 years after the passage of a law that requires the National Park Service and Federal Aviation Administration to regulate air tours over parks ... The law required the National Park Service and Federal Aviation Administration to jointly develop an Air Tour ......
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US VP Harris to visit Korean DMZ

Korea Times 27 Sep 2022
This would mark the first visit to the border barrier by a top Biden administration official at a time when tensions are mounting as a result of a series of recent North Korean provocations, including a short-range ballistic missile test on Sunday ... Naturally, the law is causing significant concern for South Korean automakers....
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Civil rights law targets ‘cancer alley’ discrimination

New York Post 27 Sep 2022
The Biden administration said that must change ... Alexandra Dapolito Dunn, an environment attorney at the law firm Baker Botts, said the approach represents “a seismic shift.” EPA administrator Michael Regan announced the creation of an EPA office for environmental justice.AP Photo/Gerald Herbert....
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Gov’t to abide by DOJ’s direction on definition of terrorism, says Angeles

Manila Bulletin 27 Sep 2022
Cruz-Angeles did not directly comment on the matter, but she said “this administration will adhere closely to the rule of law and only to the rule of law.”. “We do not endorse any illegal activities,” she added, “So we let the law takes its course and allow the judiciary to exercise its full mandate.” ... ....
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Alabama Activists Press Voting Rights in U.S. Supreme Court Showdown

The Birmingham Times 27 Sep 2022
That landmark 1965 federal law prohibiting racial discrimination in voting was enacted at a time when Southern states including Alabama enforced policies blocking Black people from casting ballots ... The Supreme Court already undermined the law in a 2013 ruling in another case from Alabama....
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False information furnished by employee can lead to termination of job: Supreme Court

DNA India 27 Sep 2022
The top court also laid down broad principles of law which should be made applicable to the litigations of the present nature ... It added that administrative law has traditionally approached the review of decisions classified as discretionary separately from those seen as involving the interpretation of rules of law....

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