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Some of Thames Water's creditors and Liberal Democrat MP Charlie Maynard can appeal against the approval of plans to restructure the utility at the Court of Appeal, a High Court judge has ruled.Mr Justice Leech ruled earlier on Tuesday that a proposal to inject up to £3 billion in funding, known as the "company plan", could be sanctioned just weeks before the struggling utility was set to run out of money.A group of Thames Water's Class B creditors had proposed an alternative "B plan", which the

⏱ 1:39 🌐 dailymail.com

Some of Thames Water's creditors and Liberal Democrat MP Charlie Maynard can appeal against the approval of plans to restructure the utility at the Court of Appeal, a High Court judge has ruled.Mr Justice Leech ruled earlier on Tuesday that a proposal to inject up to £3 billion in funding, known as the "company plan", could be sanctioned just weeks before the struggling utility was set to run out of money.A group of Thames Water's Class B creditors had proposed an alternative "B plan", which they claimed would provide the company with the same funding but on better terms and which should be adopted instead.

https://www.dailymail.com/video/video/video-3376453/Thames-Water-creditors-given-ahead-appeal-against-restructuring-approval.html
Thames Water creditors given ahead appeal against restructuring approval PA Wires
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