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What Happens When a Company Is in Administration?

Answer

this is aimed at rescuing companies by protecting them from their creditors whilst a restructuring plan is developed.an insolvency practitioner is appointed administrator he/she will manage the companys affairs, business and assets for the benefit of creditors.
Q&A Related to "What Happens When a Company Is in Administration"
I'm presuming by administartion you mean in Bankrutpcy of some type, probably C-11 or C-7 in the US. Although the answer is basically the same everyplace. Stock in a company is equity
http://wiki.answers.com/Q/What_happens_to_shares_w...
A merger occurs when two companies, one generally larger in stockholders and assets approaches a smaller company to combine in similar interests.
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Crusader. Trusts and trust administration have a long and prestigious history. The Reference for Business website cites the concept of "trusts" as beginning around 4000
http://www.ehow.com/about_6327937_trust-administra...
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Going under administration is legal terminology for a company to go insolvent; insolvency means that a company is unable to pay up its debts. Laws in the UK and ...
I'm presuming by administartion you mean in Bankrutpcy of some type, probably C-11 or C-7 in the US. Although the answer is basically the same everyplace. Stock ...
An administrator manages a company or takes over a company in trouble. An administrator could also refer to the person appointed by a probate court to distribute ...
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