Thames Water Restructuring Plan Upheld by U.K. Court After Legal Challenge
Thames Water said the U.K. Court of Appeal has upheld its restructuring plan, which enables it to take on additional debt after it was challenged by campaigners. Thames Water said Monday that the appeals court upheld the ruling that sanctioned its restructuring plan and the extension of its liquidity runway,
Under the plan, Thames Water will get an initial tranche of £1.5billion from some of its 'Class A' creditors, plus a further ...
Appeal judges have approved emergency funding allowing Thames Water to access as much as £3 billion ($3.9 billion) and stave ...
Effective nationalisation of Thames Water through special administration would have been more likely if the utility firm ...
Thames Water has received court approval for up to 3 billion pounds of emergency funding. That prevents the company that serves 16 million people in and around London from falling into government ...
Taxpayers and the pension schemes of Thames Water workers would both suffer if the UK's largest water company was temporarily ...
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