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Water Cos. Beat Attempt To Revive £800M Sewage Claim

By Sophia Dourou

An environmental consultant cannot revive an £800 million ($1.1 billion) collective action against water utility companies for their allegedly underreported sewage discharge after a divided Court of Appeal held Thursday that misleading of the industry regulator was an "essential ingredient" of the claim.


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    Spain and Zimbabwe lost their bids on Wednesday to use state immunity to escape arbitration awards as the U.K. Supreme Court upheld judgments against the two nations, ruling that state immunity does not apply to the enforcement of investor-state arbitration awards.

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  • Fish Producers Say £382M Cartel Claim Not Worth The Payout

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    The Financial Watchdog Authority said Wednesday it has hit John Wood Group PLC with a fine of £12.99 million ($17.38 million) after finding that the engineering and consulting business published inaccurate information in its financial results.

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Latest News

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