Administrator pendente lite, which literally means “administrator pending litigation” in Latin, is a term used in legal contexts. It’s most commonly used in probate law, and it refers to when a court appoints someone to manage the assets of an individual or business in the case of a dispute or other legal issue. This administrator is responsible for making sure that the estate is in the same condition at the conclusion of the case as it was when the administrator began.
How Does Administrator Pendente Lite Work?
Administrators Pendente Lite are appointed when the court determines that the estate needs to be protected from the opposing parties in the legal case. This applies to both individual estates, such as in the case of a deceased person’s estate, and business estates. In such cases, the administrator is responsible for ensuring the protection of the estate so it can be allocated to the rightful parties when the case is resolved.
How Can Administrator Pendente Lite Affect Your Business?
If you are involved in a dispute over the assets of a business, the court may appoint an administrator pending the outcome of the case. This means that the administrator will be in charge of the business assets and will make decisions about how they should be handled until the dispute is resolved. You may be required to provide documents and information to the administrator for that purpose, so it’s important to stay up to date and active in the case.
It’s also important to remember that the administrator may make decisions that you don’t agree with, or that don’t necessarily benefit the business. If you’re in this position, it’s important to stay in contact with the administrator and provide as much information as possible to ensure that your interests are represented throughout the process.
In summary, administrator pendente lite is a legal term used in probate law when a court appoints someone to manage the assets of an individual or business during a dispute. This administrator is responsible for making sure that the estate is in the same condition at the conclusion of the case as it was when the administrator first began. If your business is involved in a dispute, it’s important to stay on top of the situation to make sure that your interests are represented.