Thames Water, which serves 16 million customers in and around London, is seeking court approval for up to 3 billion pounds ($3.7 billion) of emergency funding to prevent the cash-strapped company from falling into government administration.

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UK's biggest water company seeks court approval for emergency funding to prevent nationalization

Thames Water is hoping to secure an emergency cash injection or face runing out of money in weeks.

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Thames Water seeks court approval for emergency cash

Britain's largest water company Thames Water is seeking court approval for up to $3.7 billion of emergency funding to prevent the cash-strapped firm from falling into government administration.

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Thames Water will hike customers' bills by 31% from April despite pumping sewage into the nation's waterways.

Daily Express

Reach plc

Thames Water bailout could cost customers £250 as High Court battle begins

Britain's largest water company Thames Water is seeking court approval for up to $3.7 billion of emergency funding to prevent the cash-strapped firm from falling into government administration

abc News

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Barristers for Charlie Maynard, MP for Witney in Oxfordshire, told the High Court that plans to restructure the utility were a ‘poor short-term fix’.

Evening Standard

Evgeny Lebedev

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

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London

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Thames Water restructure plans a ‘bridge to nowhere’, MP’s barristers tell court

LONDON (AP) -- Thames Water, which serves 16 million customers in and around London, is seeking court approval for up to 3 billion pounds ($3.7 billion) of emergency funding to prevent the cash-strapped company from falling into government administration.

Financial Post

Leon Cooperman

Allianz

Thames Water will seek High Court approval for a £3bn rescue plan in a four-day hearing beginning at the Royal Courts of Justice on Monday. The indebted utility is seeking a judge’s approval for a restructuring plan centred on an emergency loan it says it needs to avoid running out of cash by the end […]

Sky News UK

Roberts family

Thames Water seeks High Court approval for rescue plan | Money News | Tech, Entertainment, Sport, Fashion, Travel News

LONDON (AP) — Thames Water, which serves 16 million customers in and around London, is seeking court approval for up to 3 billion pounds ($3.7 billion) of emergency funding to prevent the cash-strapped company from falling into government administration. The High Court in London began a four-day hearing on the financing package on Monday, with Thames Water facing off against smaller creditors who complain that the deal is too expensive and favor…

My Mother Lode

UK’s biggest water company seeks court approval for emergency funding to prevent nationalization

Anti-sewage campaigners and an Oxfordshire MP will be in the High Court tomorrow as Thames Water pursues the next phase of trying to secure a £3bn…

UK’s biggest water company seeks court approval for emergency funding to prevent nationalization

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