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.


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


Supreme Court's new term to take on federal agency powers in earnest

The Hill 04 Oct 2023
Boyden Gray Center for the Study of the Administrative State at George Mason University’s Antonin Scalia Law School ... The Biden administration this term is also set to defend the SEC before the justices in a case that could claw back the commission’s ability to use its administrative law judges to secure penalties and take other enforcement actions....

Osun Govt to Enact Law on Six Months Maternity Leave for Nursing Mothers

This Day 04 Oct 2023
Osun State government under the administration of Governor Ademola Adeleke, yesterday, disclosed plan to enact the law on six months maternity leave for nursing mothers in government workplaces ... to send a bill to the House of Assembly and domesticate enabling laws to this effect....

Biden admin indicts Chinese companies and executives tied to fentanyl distribution

NBC Bay Area 04 Oct 2023
The Biden administration took aim Tuesday at the fentanyl trafficking threat, announcing a series of indictments and sanctions against Chinese companies and executives blamed for importing the chemicals used to make the deadly drug ... Overall, the Biden administration has imposed over 200 sanctions related to the illegal drug trade....

Thomas I. McElvein Jr., 87, attorney who continued father's work in many ways

The Buffalo News 04 Oct 2023
8, 2023 ... He took on his father's law practice in downtown Buffalo ... While attending Yale Law School, he was active in the civil rights movement as a freedom rider in the South. He maintained a practice in estate law and trust administration and assisted small companies in legal matters ... Law Education Job Market University Politics Business The Economy....

Which students get into advanced math? Texas is using test scores to limit bias

TDT News 04 Oct 2023
A new Texas law calls for every student who performs in the top 40% on a fifth-grade math assessment to be enrolled automatically in advanced math for sixth grade ... The Texas Education Agency has given administrators until the 2024 school year to comply with the law in recognition of potential challenges....

KPD to host drug takeback event Oct. 28

Hill Country Community Journal 04 Oct 2023
The Kerrville Police Department will join forces with the Drug Enforcement Administration and hundreds of other law enforcement agencies across the country to provide a venue for persons who want to dispose of unwanted and unused prescription drugs or over-the-counter medications on Saturday, Oct....

Tunisia detains Abir Moussi, prominent opponent of president

Arab News 04 Oct 2023
Moussi accuses Saied of ruling outside the law, and said that she is ready to make personal sacrifices to save Tunisia ... She said that this step was necessary so that she could later file an appeal in the Administrative Court. Saied, a retired law professor who was elected president ......

US Rep. Cuellar of Texas is back at work after being carjacked by 3 armed ...

The Sharon Herald 04 Oct 2023
WASHINGTON — U.S. Rep ... Luckily, he was not harmed and is working with local law enforcement.” ... You’ve got to support law enforcement.” ... Rep ... We’ve been consistent here in this administration,” she said. “We are certainly grateful and relieved that the congressman is unharmed, and we are thankful to law enforcement for having reacted so quickly.”. The U.S....

It’s a busy ballot for Broadview Heights City Council this November

Cleveland 04 Oct 2023
Bachelor’s degree in health sciences and master of public administration degree in healthcare administration, Cleveland State University; studying for PhD in public health prevention science at Kent State University ... Bachelor’s degree and master’s degree in business administration, Cleveland State University ... law degree, The Ohio State University....

Texas lawmaker carjacked near Capitol

Independent Tribune 04 Oct 2023
KEVIN FREKING. Associated Press ... Luckily, he was not harmed and is working with local law enforcement." ... You've got to support law enforcement." ... We've been consistent here in this administration," she said. "We are certainly grateful and relieved that the congressman is unharmed, and we are thankful to law enforcement for having reacted so quickly." ... ....

College president accused of sexting former student at Coast Guard Academy resigns

CNN 04 Oct 2023
... her and texted her that he would only write her a recommendation letter for law school if she sent him photographs of herself, telling her he had always loved her foot tattoo ... He also argued that his rank upon retirement could not be changed under US law and Coast Guard practice....

Over $2.5 million headed to Manchester, Laconia for school safety and smart policing initiatives

Union Leader 04 Oct 2023
The funds were allocated through the DOJ’s Office of Justice Programs (OJP), which provides federal resources to prevent and reduce crime, advance equity and fairness in the administration of justice, assist victims and uphold the rule of law ... Sen. Jeanne Shaheen, D-NH, said in a statement ... Funds were allocated to the following projects. ... Sen ... .......

Duplin County’s Board of Education and Sheriff’s Office issue joint statement regarding recent weapon on campus

Reflector 04 Oct 2023
KENANSVILLE - On Tuesday, Oct. 3, 2023, James Kenan High School entered an immediate lockdown after students reported that another student may have a firearm on campus. School administrators and law enforcement officials immediately began to investigate the matter and were able to quickly locate the student and verify possession of a firearm ... ....

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