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- Changes to the UK Water Special Administration Regime – Do Pension Trustees of Water Industry Schemes Need to Care?
Changes to the UK Water Special Administration Regime – Do Pension Trustees of Water Industry Schemes Need to Care?
Helena Clarke and Charlotte Møller of Squire Patton Boggs highlight key changes afoot to the statutory regime governing special administrations for regulated water companies, including an update to the insolvency waterfall to allow for priority payment of government funds.