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,
Thames Water is at “real risk” of falling into administration within weeks, a former director has warned, as it nears a crucial court decision on a rescue funding package. The Court of Appeal ...
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Britain's Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal ...
It's was crunch time for the UK's biggest water provider Thames Water as its fate was announced on Tuesday morning. Thames Water finances hung in the balance with debts of £16bn and existing ...
Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The UK's largest water and ...
Thames Water, Britain's biggest water supplier, faced another court battle on Tuesday as a group of its junior creditors ...
London is at risk of being swamped by burst pipes and sewage leaks if Thames Water is forced into an emergency nationalisation later this month. Insiders have expressed growing concerns that ...
Taxpayers and the pension schemes of Thames Water workers would both suffer if the UK's largest water company was temporarily nationalised, the water regulator and Thames' pension trustees ...
Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal in a London court next week, according to people familiar with the matter. While ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water has been given the go-ahead for up to £3bn of high-cost borrowing in an effort to avoid insol ...
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