Thames Water faces wait to discover if restructure approval will be overturned
Three senior judges will hand down a ruling in writing over whether the decision to approve Thames Water’s restructuring should be overturned.
Thames Water restructuring plan should not have been approved, court told
Thames Water restructuring plan should not have been approved, court told - A group of Thames Water’s creditors and others are appealing against a decision by the High Court to sanction a plan to keep the company afloat.
Thames Water Making Plans for Possible Special Administration
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.
Campaigners call for a ‘seat at the table’ on Thames Water’s future outside court
A table was set up outside the court in a stunt organised by We Own It and Compass, which called for the creation of an emergency board to provide public scrutiny and input on plans for the water privateer’s future.
UK's Thames Water rescue plan faces creditor-group appeal
Thames Water, Britain's biggest water supplier, faced another court battle on Tuesday as a group of its junior creditors started a legal challenge over a 3 billion pound ($3.9 billion) debt lifeline necessary to keep it afloat.
Thames Water’s Rescue Loan Faces UK Court of Appeal Challenge
Emergency funding that would allow Thames Water access to as much as £3 billion ($3.9 billion) and stave off temporary nationalization is being challenged at a London court this week.
Thames Water bailout loan challenge
Campaigners sit around a table outside the Royal Courts of Justice as they set up a 'Thames Water Emergency Board' during their appeal against the 3 billion pound bailout loan given to the struggling water company.
Thames Water update as creditors challenge restructuring
Thames water continues to face financial turmoil as creditors launch challenge to restructuring. Trump vows to double tariffs on steel and aluminum from Canada even as markets continue slide Why do they ship ships on bigger ships?
Thames Water Lining Up CKI as Possible Buyer in Special Administration
Thames Water is seeking to line up CK Infrastructure Holdings Ltd. as a potential buyer for the utility if it’s pushed into ...
Why is Thames Water in so much trouble?
PA Media] Thames Water, the UK's biggest water company, is in financial crisis and has secured a rescue loan to avoid coming ...
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New ‘Emergency Board’ Puts Pressure on Thames Water and Government Amid Court Chaos
It comes as a new report from Compass, backed by a leading backbench Labour MP, brands England’s water system “fundamentally ...
Thames Water nationalisation puts £20bn pipe and sewage upgrade at risk
London is at risk of being swamped by burst pipes and sewage leaks if Thames Water is forced into an emergency ...
Pimco books 17% instant profit on Thames Water emergency loan
Alongside Pimco, the rescue loan is being provided by lenders including US hedge funds Elliott Management and Silver Point.
Britain's Thames Water making plans for possible special administration, Bloomberg News reports
Britain's Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal ...
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Mayor brings together landmark coalition to deliver major new improvements to London’s rivers
Discover how the Mayor brings together a landmark coalition to enhance London's rivers with new funding and improvements.