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

Edit

Homeland Security waives contracting laws for border wall

Daily Advance 19 Feb 2020
SAN DIEGO (AP) — The Trump administration said Tuesday that it will waive federal contracting laws to speed construction of a wall at the U.S.-Mexico border ... The 10 waived laws include requirements for having open competition, justifying selections and receiving all bonding from a contractor before any work can begin....
Edit

Homeland Security chief waives contracting laws for border wall

Gainesville Daily Register 19 Feb 2020
SAN DIEGO (AP) — The Trump administration said Tuesday that it is waiving federal contracting laws to speed construction of a wall at the U.S.-Mexico border, moving the president closer to fulfilling a signature campaign promise in an election year but sparking criticism about potential for fraud, waste and abuse....
Edit

School continues as usual after source of Ferris High threat identified

The Spokesman-Review 19 Feb 2020
Schutz emphasized that the district and law enforcement take all threats seriously ... In that incident, school and law enforcement officials felt they had narrowed down the list of suspects. Administrators and law enforcement believe they have narrowed down who might have written the message....
Edit

Ministry failed to utilise funds for preventing violence against children

Dawn 19 Feb 2020
As per the audit report, the law ministry could not explain its position for not utilising the funds ... He said Rs322 million could not be paid as judicial allowance to the staff working in courts and tribunals under the administrative control of the law ministry since the matter was pending before the Supreme Court....
Edit

CDA approves land for Polyclinic extension, changes to D-12 layout plan

Dawn 19 Feb 2020
Moreover, the word chairman appearing in all rules, regulations, instructions, policies and by-laws of the civic body in connection with administrative and financial matters shall stand substituted by vice chairman/CEO with immediate effect....
Edit

Nation and world briefs Feb. 19, 2020

News-Press Now 19 Feb 2020
The Trump administration said Tuesday that it is waiving federal contracting laws to speed construction of a wall at the U.S.-Mexico border, moving the president closer to fulfilling a signature campaign promise in an election ......
Edit

Immigration agency subpoenas Oregon county over 2 inmates

Winona Daily News 19 Feb 2020
Oregon’s 1987 sanctuary state law, the nation’s first, prevents law enforcement from detaining people who are in the U.S. illegally but have not broken any other law ... judge ruled in August that the Trump administration cannot withhold millions of dollars in law enforcement grants from Oregon to force the state to cooperate with U.S....
Edit

8th candidate enters race for the 4rth Congressional District

The Sun Chronicle 19 Feb 2020
Shack holds a degree from New England School of Law in Boston and a master’s degree in business administration and a bachelor’s degree in political science, both from American University in Washington, D.C. He teaches entrepreneurship at New England School of Law and is a former teacher at Boston University School of Law....
Edit

Eighth candidate enters race for the 4th Congressional District seat

The Sun Chronicle 19 Feb 2020
Shack holds a degree from New England School of Law in Boston and a master’s degree in business administration and a bachelor’s degree in political science, both from American University in Washington, D.C. He teaches entrepreneurship at New England School of Law and is a former teacher at Boston University School of Law....
Edit

E-Verify bill clears first Florida Senate hurdle (but there’s a long way to go)

Tampabay 12 Feb 2020
Lee told reporters after the vote that upholding federal immigration law, especially regarding employment, is “something that Congress has proven they cannot enforce.” ... Jeanette Nuñez and former Attorney General Pam Bondi, who was recently appointed to the Trump administration’s law enforcement panel....
Edit

[BC-MCT-INTERNATIONAL-BJT]

Herald Mail 12 Feb 2020
^A look at the Trump administration's immigration lawsuit against New Jersey< ... This isn't the first time President Donald Trump's administration has challenged a state's immigration law in court ... ^New Yorkers reportedly banned from trusted traveler programs in Trump administration plan to punish immigrant-friendly states<....
Edit

Democrats struggle to counter a post-impeachment Trump

Politico 12 Feb 2020
“Coupled with the president’s blatant retaliation against those who helped expose his wrongdoing, the Trump administration poses the gravest threat to the rule of law in America in a generation,” said House Intelligence Committee Chairman Adam Schiff (D-Calif.), the lead prosecutor in Trump's impeachment trial....
Edit

Buratai: We Have Defeated Insurgency, But Facing the Challenge of Terrorism

This Day 12 Feb 2020
•Says Boko Haram is everywhere, including Lagos ... He said ... They are to operate there with the mandate to defeat Boko Haram terrorists; to rescue the adopted persons, including the Chibok girls and also to facilitate humanitarian activities and to equally get the restoration of law and order by bringing back the civil administration in those areas ... ....

Most Viewed

×