Corporate Insolvency - Ensuring the Appointment of Administrators is Valid

09/11/2015 – As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions.

As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, the UK being one of them. 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. In UK law, the administration regime is governed by the Insolvency Act 1986, as amended by the Enterprise Act 2002.

An “administrator” can be appointed without petitioning the court by the holder of a floating charge (created since 15 September 2003), by the company or by its directors. Other creditors must petition the court to appoint an administrator. The administrator must act in the interests of all the creditors and attempt to rescue the company as a going concern.

Appointing Administrators

Appointing administrators may seem easy, and mainly a form filling exercise. However, there are many issues to consider to ensure that the appointment is valid. This issue is of crucial importance as the consequences of an appointment being invalid are dire.

Whether or not an administrator has been validly appointed is an issue is of such importance that many insolvency practitioners now seek confirmation from an independent solicitor post appointment that an administrator’s appointment is valid.

Coyle White Devine have the technical expertise to ensure that appointments are valid and can assist companies going through financial difficulties to take the first step towards finding a solution. Contact Jackie Revell for further advice and information.

Insights & News

Corporate Insolvency – Ensuring the Appointment of Administrators is Valid

More Articles

Need help with a postnuptial dispute? Coyle White Devine family solicitors can help

CWD Company Update

Resolve your financial disputes professionally through reliable family solicitors in Amersham

Betfred customer denied £1.7million prize due to 'glitch' takes case to court

Continuing success for CWD’s employment department

CWD Client Wins £1 Million Battle Against Paddy Power

What should I expect from Family Solicitors in Amersham?

CWD Law secures £1m+ win after 3-year battle with Paddy Power

Social media platforms, free speech, and UK law: Who is accountable?

Are you going through a messy divorce? Let us help you through the worst of it

Family solicitor attributes and what to look for

The legal system is broken: Why are fees increasing but service and support decreasing?

Need help with child custody? How our solicitors at Coyle White Devine can help you

Announcing our new Private Crime Department

Does a family solicitor in Amersham understand my pain?

Family solicitors in Amersham - helping family disputes

Sports law in the UK: A brief guide to the regulations that govern football

Peter Coyle - Times Lawyer of the Week

Take the best way forward with family solicitors in Amersham you can trust

Court of Appeal Rubs Salt in Stratstone's Wounds

The legal advantages of getting a prenuptial agreement at Coyle White Devine

ANDY GREEN V BETFRED – Peter Coyle’s Interview with The Gambling Insider

Sorry seems to be the hardest word for Katie Hopkins after defaming journalist on Twitter

Dos and don’ts of pre-nuptial agreements as suggested by our Amersham Family Solicitors

Gambler's luck runs out

Finding a Family Solicitor in Amersham who is right for you

Double the Success for the Private Crime Team as CPS Squeezed into Discontinuing

Have you been a victim of domestic abuse? Ways to find the best solicitor to represent you

Keeping your head above water thanks to our quality family solicitors in Amersham

ANDY GREEN V BETFRED (DAVID VS GOLAITH) – MORE MEDIA COVERAGE FROM THE BBC

ANDY GREEN V BETFRED – COVERAGE BY THE DAILY MAIL, THE SUN, THE MIRROR, THE DAILY STAR, AND THE DAILY RECORD

And they’re off! Betfred sued by £1.7m ‘winner’

Coyle White Devine defeat Betfred in High Court Battle

Emphatic Success for Coyle White Devine's Private Crime Team

Private Crime Team Success Continues in 2016

VW emissions scandal widens to include Porsche claims

Tips on how to keep your divorce civil and non-confrontational

Helping you find the light at the end of the tunnel thanks to our family solicitors in Amersham

The legal side to ending a relationship when you cohabitate

Questions you should ask yourself when getting divorced

Continuing success for the CWD Criminal Department!

Another success for the CWD Criminal Department

Private Crime Team's Hard Work Pays Off Again

Guiding you through troubled waters thanks to our expert family solicitors in Amersham

Reach an amicable divorce using family solicitors Amersham

Another outstanding testimonial for the criminal department

Customer Takes Betfred to High Court After Being Denied £1.7m Prize

Announcement from Peter Coyle

How family solicitors in Amersham can help with the issue of children during divorce

$2.2 Million Customer Dispute With Betfred Going to Summary Judgment

How the written word could help your business

Ways in which family solicitors in Amersham can assist with your divorce case

ANDY GREEN V BETFRED- THE MEDIA COVERAGE CONTINUES WITH THE TIMES

What does family law entail?

A family solicitor in Amersham can advise on other ways to separate

Single dad refused £1.7 million Betfred payout over 'glitch' takes bookies to court

Blackjack gambler who won £1.7m with Betfred but never received a penny after firm blamed software glitch could be days away from getting his winnings at High Court

Licence and Liberty Saved

Betfred gambler in High Court battle over £1.7m payout he never received

Recent Developments in Employment Law

Advice from a family solicitor in Amersham

How to avoid making a dogs dinner of choosing a company name

Looking for a reliable solicitor firm in Amersham? Reasons to choose Coyle White Devine

How family solicitors in Amersham can help you to protect your assets

Why do I need a family solicitor in Amersham?

Guiding you towards an amicable solution with a trustworthy family solicitors in Amersham

How do you get divorced?

CWD Crime Team - Health and Safety Executive Interviews

Case of Betfred refusing £1.7m payment to customer going to summary judgment in October

Missed out on a prenuptial agreement? Coyle White Devine’s guide to postnuptial agreements

Divorce proceedings with a family solicitor in Amersham

What does a family solicitor in Amersham do?

DAVID V GOLIATH – CWD helps Lincolnshire man take on the might of Betfred

Looking for family solicitors Amersham?

How does a family solicitor in Amersham support my family during a divorce?

Could mediation be your ticket to a hassle-free divorce?

'eBay-style' online courts could resolve smaller claims