Judicial Management
/ˈdʒuːdɪʃəl ˈmænɪdʒmənt/
Definitions
- (n.) A court-supervised process in which a financially distressed company is placed under judicial authority to facilitate reorganization or orderly winding-up.
The company entered judicial management to restructure its debts under court supervision.
Forms
- judicial management
Related terms
See also
Commentary
Judicial management involves court intervention to protect creditor and debtor interests, distinct from voluntary administration or liquidation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.