New legislation hit the statue books on Wednesday bringing updates to the legislation governing special administrations for regulated water companies in England and Wales. The changes are timely (some may even consider them overdue) given the current market instability, and provide flexible options should the regime have to be used.
United Kingdom, Energy & Natural Resources, Insolvency & Restructuring, DLA Piper, Companies Act 2006 (UK), Flood and Water Management Act 2010 (UK)