Friday 17 September 2021


< back | business | images | knowledge | library | rail unveiled | home


::: RMT threatens national industrial action over service cuts

Railhub Archive
2002-10-01 RTK-001
Railtrack plc


Railtrack Administration Order to be lifted

keywords: click to search

railway administration

Phrases in [single square brackets] are hyperlinks in the original document

Phrases in [[double square brackets]] are editorial additions or corrections

Phrases in [[[triple square brackets]]] indicate embedded images or graphics in the original document. (These are not usually archived unless they contain significant additional information.)

Railtrack plc

Railtrack Administration Order to be lifted

related documents

2002-03-25 CLG offer for Railtrack plc in administration (Railtrack Group plc)

2002-03-25 Network Rail launches proposal for early exit from administration for Railtrack plc (Network Rail)

2002-03-25 Railtrack administrators raise £4.4 billion from private sector (Department of Transport, Local Government and the Regions)

2002-03-25 Taking Railtrack plc out of administration: quickening the pace (Railway Forum)


1 October 2002
source Railtrack plc
type Press release

The High Court today agreed to the Secretary of State's application
for the lifting of the Railtrack Administration Order. It is expected
that the transfer to Network Rail will be completed on Thursday,
October 3.

The Administrators did not object to the application.

Alan Bloom said ' We had two tasks when we were appointed nearly a
year ago. While looking after the interests of creditors and the
shareholder, we had to ensure that the railway continued to operate
and we had to arrange for it to be transferred to a new owner. The
discharge of the Administration Order will enable this to happen.

Throughout this complex and arduous process we have received a level
of support from the managers and staff at Railtrack, led by John
Armitt, which speaks highly of their commitment to running the
railway. We wish them and Network Rail well in the future'


For further information:
Michael Henman, Edelman Public Relations: 020 7344 1345

Railhub Archive ::: 2002-10-01 RTK-001


Not logged on

14 stories

5 collections

2 documents

2 documents