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LITIGATION
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Aquarion Cleared To Borrow $214M, Some For PFAS Work
By Aaron Keller
Aquarion Water Co. of Connecticut can take on nearly $214 million in new debt, including $200 million through unsecured bonds and nearly $14 million in safe drinking water loans, some of which are earmarked for PFAS "forever chemical" treatment and mitigation systems, Connecticut's Public Utilities Regulatory Authority decided Wednesday.
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BANKRUPTCY
EXPERT ANALYSIS
LEGAL INDUSTRY
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Sue Reisinger
General counsel may cringe at the news, but their chief financial officers will rejoice over a new study that shows the average spending by legal departments dropped to a six-year low in 2026. And two in-house Cigna lawyers are at the center of a finding of "improperly asserted privilege" over key company documents related to a payment lawsuit brought by three labs.
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