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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Factbox: Trump, Biden healthcare differences in spotlight amid pandemic, Supreme Court fight

Metro USA 30 Sep 2020
The death of liberal Supreme Court Justice Ruth Bader Ginsburg, meanwhile, has raised the stakes of the upcoming legal battle over Obamacare, formally known as the Affordable Care Act, when the high court hears the Trump administration’s effort to repeal the law days after the Nov....
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China's top legislature schedules standing committee session

China Daily 30 Sep 2020
... Law, a draft revision to the Law on the Protection of Minors, draft amendments to the National Flag Law and the National Emblem Law, a draft amendment to the Criminal Law and a draft revision to the Administrative Penalty Law....
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Schumer aims to squeeze GOP on Obamacare

Politico 30 Sep 2020
The move is a not-so-subtle rebuke of the Trump administration’s backing of a high-stakes lawsuit to strike down the entire law, which is slated to go up before the Supreme Court just one week after Election Day ... The health care law is more popular than it’s ever been, whereas Americans’ views on abortion are more nuanced....
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Falls County Sheriff Ricky Scaman to fight criminal charges, law enforcement suspension

Waco Tribune-Herald 30 Sep 2020
The commission suspended Scaman without first giving him a hearing, providing him a chance to solicit evidence and call witnesses and to present his side of the story to a neutral party, in this case an administrative law judge, to determine the issues, Karels said....
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Jonathan Turley: Judge Sullivan should dismiss the Flynn case

Hot Air 30 Sep 2020
This morning law professor Jonathan Turley wrote a piece arguing that it was time for Judge Sullivan to stop playing games and drop the case against Michael Flynn ... He can follow the law dispassionately and dismiss this charge without gratuitous commentary....
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NTSB faults limo, state in Schoharie crash

The Daily Gazette 30 Sep 2020
The crash and resulting revelations about the limousine and its history of failed regulatory inspections have already resulted in changes to state law to tighten regulations, and the Capital Region congressional delegation has pushed for changes at the federal level....
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Holiday troublemakers warned in HK

China Daily 30 Sep 2020
The central government's liaison office in Hong Kong warned on Tuesday against reported plans for unlawful activities on National Day, stressing zero tolerance for what it called reckless acts now that the National Security Law is in force ... It pledged to deploy sufficient manpower on that day and take resolute action to enforce laws....
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Schumer, in rare move, takes control of floor to force health care vote

News-Press Now 30 Sep 2020
... in the law ... But a vote could still be politically difficult for those Senate Republicans up for reelection this fall who have said they support keeping protections for people with pre-existing conditions, even as the Trump administration took steps to have the law thrown out....
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Nation's largest marine patrol vessel launched

China Daily 30 Sep 2020
Haixun 09, built at China State Shipbuilding Corp's Guangzhou Wenchong Shipyard, will be managed by the Guangdong Maritime Safety Administration ... Haixun 09 is expected to serve as an important platform for law enforcement, emergency coordination and command and pollution prevention, the administration said in a statement....
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First 2020 presidential debate: Fact-checking the candidates

Michigan Live 30 Sep 2020
U.S ... Barrett has been critical of the Obama-era law and the court decisions that have upheld it, but she has never said it’s not constitutional ... 10, and the Trump administration is asking the high court to rule the law unconstitutional ... Major regulatory actions from his administration are still in the works, and are likely to be challenged in court ... ....
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Floating fish farms in Gulf of Mexico could get green light with congressional bill

Leesville Daily Leader 30 Sep 2020
A new bill in Congress would open the Gulf of Mexico and other federal waters to offshore fish farming, a controversial idea backed by President Donald Trump’s administration but opposed by environmental groups and elements of the seafood industry that depend on wild fisheries....
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Census papers suggest agency chose new deadline over accuracy

Roll Call 30 Sep 2020
The administration shortened its original timeline by a month, to Sept ... Last week, however, a federal judge last week ordered the Census Bureau to keep counting into October, ruling the shortened timeline may have violated administrative law ... Alabama ... Shortly after Trump issued the memo, the administration stopped pursuing a deadline extension ... .......
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State officials shut down Johnstown’s Clear View Behavioral Health after inspection

Colorado Daily 30 Sep 2020
Clear View denied those allegations and took its case to a state administrative law judge, where it and CDPHE settled earlier this year ... ....
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