Thames Water, High Court

Judge reluctantly approves £3bn Thames Water rescue package but slams eye-watering amount paid to advisers
A JUDGE slammed the “eye-watering” £210million paid to advisers working on Thames Water after reluctantly approving a £3billion lifeline. The restructuring plan for debt-laden Thames will see
Thames Water's rescue plan approved by High Court - saving it from temporary nationalisation
The UK's biggest water supplier had been set to run out of money by 24 March without a £3bn loan from its creditors, amid debts of more than £19bn
Thames Water secures £3bn lifeline after court ruling
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 waste company was set to run out of cash by the end of March and would have likely been placed into temporary nationalisation to keep services running.
What's happening with Thames Water, why's it in court and could it be nationalised?
Effective nationalisation of Thames Water through special administration would have been more likely if the utility firm failed to get approval for a £3bn loan and ran out of cash on 24 March.
Thames Water £3bn rescue loan gets High Court approval
The UK’s largest water company, already straining under £19.5bn of debt, had sought court approval to borrow up to £3bn from its top-ranking creditors. The company has said that will give it breathing room to raise equity from new investors and renegotiate its debts.
What we know about Thames Water's £3bn rescue plan
A judge said it was sanctioned in 'the public interest', and comes weeks before the company was due to run out of money.
Thames Water’s Crucial Rescue Loan Approved by UK Judge (2)
Cash-strapped Thames Water bought itself some more time to reorganize its debts after a London judge approved an emergency loan worth as much as £3 billion ($3.8 billion).
UK's Thames Water debt lifeline approved by London court
Britain's Thames Water secured court approval for a 3 billion pound ($3.8 billion) debt lifeline on Tuesday, warding off nationalisation for the country's biggest water supplier in the short term and giving it time to sort out its finances.
What does Thames Water’s £3 billion rescue loan deal mean for customers?
Thames Water’s plans for a £3 billion loan have been approved by a judge, designed to prevent it from going bust in the near future. The deal was approved in the High Court on Tuesday, which would give bosses at the London water company time to find a permanent source of funding.
Thames Water receives £3bn rescue loan to save struggling company
Thames Water chairman Sir Adrian Montague said the approval of a £3 billion rescue loan for the company by a High Court judge "marks a significant milestone".
UK's Thames Water wins approval for 3 billion pound debt lifeline
Britain's Thames Water secured court approval for a 3 billion pound ($3.8 billion) debt lifeline on Tuesday, warding off the ...
Evening Standard on MSN16h
Thames Water handed £3 billion lifeline by court but judge criticises "eye-watering" costs
Daming ruling says Thames Water customers will be “horrified” by the huge bill for the emergency financial restructuring ...
Cambridge firefighters rescue person from frigid Charles River
A person was rescued from the middle of the frigid Charles River Tuesday by firefighters who positioned equipment on the ...
Judge Approves Emergency Plan to Keep Britain’s Largest Water Company Afloat
A judge has approved an emergency plan to keep Britain’s largest water company afloat and averted a possible temporary ...