Administrator

Resource type: Glossary item

Status: Maintained

Jurisdiction: United Kingdom

A manager of a company’s affairs, business and property, appointed by the court, the company's directors (www.practicallaw.com/A34876) or the holder of a qualifying floating charge (www.practicallaw.com/3-202-3140) using the out-of-court route. An administrator is given wide powers to manage the company and at the end of the administration (www.practicallaw.com/A35780), the company is either returned to the control of the directors or liquidated.

Actions

Resource information

Show resource details Hide resource details

Resource ID: 2-107-6366
Products: IP&IT, PLC Glossary, PLC Magazine (UK), PLC UK Commercial, PLC UK Construction, PLC UK Corporate, PLC UK Dispute Resolution, PLC UK Employment, PLC UK Environment, PLC UK Finance, PLC UK Law Department, PLC UK Pensions, PLC UK Property, PLC UK Public Sector, PLC UK Restructuring and Insolvency, PLC UK Share Schemes & Incentives
This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.

Ask a question

Related content

Related content

Topics

AdministrationAdministration (http://pensions.practicallaw.com/9-103-1256)
Employers and Occupational PensionsEmployers and Occupational Pensions (http://pensions.practicallaw.com/2-308-5967)
Miscellaneous: Pensions and Retirement BenefitsMiscellaneous: Pensions and Retirement Benefits (http://pensions.practicallaw.com/1-103-1340)
Pension Scheme DocumentsPension Scheme Documents (http://pensions.practicallaw.com/9-205-7957)
Pension TrusteesPension Trustees (http://pensions.practicallaw.com/4-207-2074)
Policy and Reform: Pensions and Retirement BenefitsPolicy and Reform: Pensions and Retirement Benefits (http://pensions.practicallaw.com/0-103-1345)
Reorganisations and Outsourcing: PensionsReorganisations and Outsourcing: Pensions (http://pensions.practicallaw.com/0-379-8241)
Restructuring and InsolvencyRestructuring and Insolvency (http://pensions.practicallaw.com/9-103-2072)
Sales and Acquisitions: PensionsSales and Acquisitions: Pensions (http://pensions.practicallaw.com/2-103-1349)
Winding-up and Insolvency: PensionsWinding-up and Insolvency: Pensions (http://pensions.practicallaw.com/5-205-7959)

Practice note: overview

Administration Administration (http://uk.practicallaw.com/topic3-107-3975)

Practice notes

Administrators' remuneration, disbursements and expenses Administrators' remuneration, disbursements and expenses (http://uk.practicallaw.com/topic6-381-9981)
How do I place a company into administration? How do I place a company into administration? (http://uk.practicallaw.com/topic6-422-5210)
How to extend the term of an administration How to extend the term of an administration (http://uk.practicallaw.com/topic9-506-5082)
The statutory moratorium in administration The statutory moratorium in administration (http://uk.practicallaw.com/topic4-523-9570)

Standard document

Asset sale agreement by a company in administration Asset sale agreement by a company in administration (http://uk.practicallaw.com/topic4-500-6820)

Glossary

Floating charge Floating charge (http://uk.practicallaw.com/topic0-107-5773)

{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247245083898", "objName" : "Administrator", "userID" : "2", "objUrl" : "http://uk.practicallaw.com/cs/Satellite/2-107-6366?null", "pageType" : "", "contentAccessed" : "true", "analyticsPermCookie" : "2faf5a63:13ec96af226:-7859", "analyticsSessionCookie" : "2faf5a63:13ec96af226:-7858", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }