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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Biden administration halts limits on ICE arrests following court ruling

Yahoo Daily News 26 Jun 2022
Tipton agreed to pause his ruling to give the administration time to appeal, and the Justice Department asked the Fifth Circuit Court of Appeals to suspend his order ... In May, a federal judge granted a request by more than 20 Republican-led states and ordered the Biden administration to continue using a public health law first invoked under Mr....
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Biden under pressure to fight China's forced-labour industry in Xinjiang

Beijing News 26 Jun 2022
Though US President Joe Biden signed the Uyghur Forced Labor Prevention Act to ban imports of any products connected to forced-labour practices in China's northwest Xinjiang region, it came to light that some administration figures and business interests are fighting against the strict implementation of this law....
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Biden administration signals fight to stop states banning abortion pill

The Observer 26 Jun 2022
Joe Biden’s administration has indicated it will seek ... Greer Donley, a professor at the University of Pittsburgh School of Law, who is an expert on reproductive rights, said the administration’s stance “shows that they understand the stakes and are willing to pursue novel ideas”....
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Biden administration signals fight over medication abortion

Yahoo Daily News 26 Jun 2022
The administration could argue in court that the U.S ... Greer Donley, a professor at the University of Pittsburgh School of Law who is an expert on reproductive rights, said the administration's stance "shows that they understand the stakes and are willing to pursue novel ideas."Story continues....
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Access to abortion in US plummets: Nine states trigger ban after SC Ruling; clinics cancel appointments

The Times of India 26 Jun 2022
"Jill and I know how painful the devastating decision is for so many Americans," he said, adding that the administration would focus on states' decisions and "how they administer it and whether or not they abide by their own laws." Biden's ......
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Roe was never law

Hot Air 26 Jun 2022
In the weeks since the leak, we have had illegal protests against which a leftist administration has refused to enforce the laws (Roe having corrupted the Justice Department the same way it corrupted the law), and finally the attempted murder of Justice Kavanaugh — an utterly ......
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Protesters at US Supreme Court decry abortion ruling overturning Roe v. Wade

Brainerd Dispatch 26 Jun 2022
Conservative Justice Clarence Thomas suggested the court's reasoning could also lead it to reconsider past rulings protecting the right to contraception, legalizing gay marriage nationwide, and invalidating state laws banning gay sex ... "My administration is going to focus on how they administer and whether or not they violate other laws."....
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Sikh pilgrims commence rituals at Gurdwara Punja Sahib

Dawn 26 Jun 2022
He said keeping in view the regional security threats to Sikhs, foolproof security arrangements would be made in collaboration with the district administration and law enforcement agencies, adding that the board as per the vision of the government remained committed to preserving ......
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'Lives will be saved': Biden signs landmark gun measure

NewstalkZB 26 Jun 2022
US President Joe Biden signs into law S ... Biden said his administration will "focus on how they administer it and whether or not they violate other laws, like deciding to not allow people to cross state lines to get health services" ... While the new gun law does not include tougher ......
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Biden signs landmark gun measure, says 'lives will be saved'

Niagara Gazette 26 Jun 2022
... down a New York law that restricted peoples’ ability to carry concealed weapons ... Biden said his administration will “focus on how they administer it and whether or not they violate other laws, like deciding to not allow people to cross state lines to get health services.”....
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Ecuador’s government lifts state of emergency amid protests

The Associated Press 26 Jun 2022
... down a New York law that restricted peoples’ ability to carry concealed weapons ... Biden said his administration will “focus on how they administer it and whether or not they violate other laws, like deciding to not allow people to cross state lines to get health services.”....
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President Joe Biden Signs Landmark Gun Violence Bill

The Hollywood Reporter 26 Jun 2022
... York law that restricted peoples’ ability to carry concealed weapons ... Biden said his administration will “focus on how they administer it and whether or not they violate other laws, like deciding to not allow people to cross state lines to get health services.”....
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Mass. housing prices continue to rise

Gloucester Times 26 Jun 2022
BOSTON — Massachusetts housing costs are continuing to skyrocket, with the median price of a single-family home jumping to $590,000 in May, according to a new report ... A law signed by Gov ... Previously a two-thirds vote was required. The law is part of the Baker administration’s ambitious goal to facilitate at least 135,000 new housing units by 2025 ... ....

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