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The Supreme Court judge will decide whether he will agree to a 3 -billion pounds of £ 3 billion from the troubled facilities Times water The British government and the water regulator criticized its failure to engage in this process.

Mr. JUSTICE League, who chairs a week -long listening session on whether it should be approved Emergency loan Among the senior lenders in the Times Water, they said that the lack of participation in the procedures of the water regulator abroad and the government was “painful”.

“It was good, as I think, if any of the Foreign Minister felt the need to attend and explain the situation to the court,” said why.

He later added that the lack of government certificate is on Temporary promotion costs The court also put in a “very difficult situation”.

The session comes in an existential moment for Themes Water, the largest water company in the United Kingdom, which is struggling under its Dion mountain of 19 billion pounds. If the court does not agree to the emergency loan, the judge admitted that the tool It is located in the special management system, A form of temporary promotion.

The Times Water told the court that, in the absence of a deal, the money will run on March 24 – which led to the first temporary reshaping process for a water company where the facilities were privatized in England and Wales in 1989.

In the Supreme Court procedures this week, The creditors went competitors to war During the future of the troublesome utility, which provides nearly a quarter of the United Kingdom with water and sanitation services. Low lenders in the THEMES Water are trying to challenge an emergency loan plan and force the tool to accept their loan 3 billion pounds.

There is a parallel effort to collect billions of pounds in new stocks to repair the Times water, which is supervised by Rothschild & Co.

Rothschild initially approached more than 50 potential investors such as infrastructure boxes and private stock companies, according to a message submitted to the court, which was obtained by financial times.

The number of proposals submitted is not binding on the last deadline in December.

The message also noted that one of the farmers “made some criticism of this process,” adding that this model also carries a lesser religion B. Covalis Capital, Which was revealed in the court as part of a loan loan plan worth 3 billion pounds.

Kovalus said it “could not conclude whether it is possible to make a binding offer by the end of April 2025” unless he has more access to information and participation in the tool management, according to a separate message that Kovalus sent to judge Leech on Thursday. The President or CEO did not attend the latest briefing on the stock offered on January 28, the letter said.

Category A., which includes the American hedge funds Elliott Management and Silver Point, is the “creditor’s offer” for the benefit if the Rothschild operation is not successful, as the court heard.

While the next round of bids is scheduled for Monday, Leech is not expected to issue a loan to the end of next week as soon as possible, and there is a possibility to appeal.

The Ministry of Environment, Food and the rural said: “The government is closely monitoring the situation, and it will be inappropriate for the Foreign Minister to comment more on the ongoing legal procedures or financial issues of the private company.”

Offat refused to comment.

The absence of Offat and the government left the public interest issue by Charlie Mainard, the liberal Democrat, whose lawyer argued that only a third of the emergency loan returns will reach the tool after interest and other costs. According to the interrogation, the Times Water, the total of his bill, acknowledged the restructuring of lawyers and consultants that could reach 200 million pounds.

“He should not take a free intervention by young people to interrogate the financial manager of these types of costs that will appear,” Mainard’s lawyer, Mainard’s lawyer, said in his closing argument.

The Times rejected the suspension water.