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Administrative receivership is a procedure in the United Kingdom [note 1] and certain other common law jurisdictions whereby a creditor can enforce security against a company's assets in an effort to obtain repayment of the secured debt.
In voluntary administrative receivership, the administrator is appointed by the company directors. In involuntary administrative receivership, the administrator is appointed by a judicial court. The legal terms for these processes vary from country to country, and the processes may overlap.
If you run a company that has found itself with unmanageable debt, you might be weighing your options. Your choices may include filing for bankruptcy or restructuring the company under a ...
List of national capitals serving as administrative divisions; List of autonomous areas by country; List of sovereign states; List of political and geographic subdivisions by total area, comparing continents, countries, and first-level administrative country subdivisions. List of first-level administrative divisions by population
Texas has a total of 254 counties, by far the largest number of counties of any state. Counties in Texas have limited regulatory (ordinance) authority. [1] Counties also have much less legal power than home rule municipalities. They can only pass ordinances (local laws with penalties for violations) in cases where the Texas statutes have given ...
The Texas Administrative Code is a subject-based compilation of all rules and regulations promulgated by Texas state agencies. The Code was originally created by legislation in 1977 with the passage of Administrative Code Act . [ 1 ]
Eminent domain [a], also known as land acquisition, [b] compulsory purchase, [c] resumption, [d] resumption/compulsory acquisition, [e] or expropriation [f], is the compulsory acquisition of private property for public use.
Administrative divisions are conceptually separate from dependent territories, with the former being an integral part of the state and the other being only under some lesser form of control. However, the term "administrative division" can include dependent territories as well as accepted administrative divisions (for example, in geographical ...