Tom Winsor's witness statement in the case brought by Railtrack shareholders against the government for placing Railtrack into administration.
This document was published in June 2005 by Royal Courts of Justice.
It was written by Tom Winsor.
The original document format was PDF File, and comprised 24 pages.
This document was kindly sourced from Site Contributor and is in our Court documents collection. It was added to the Archive on 8th September 2006.
This document is Crown Copyright, and is subject to the terms governing the reproduction of crown copyright material. Depending on the status and age of the original document, you may need an OPSI click-use license if you wish to reproduce this material, and other restrictions may apply. Please see this explanation for further details.
"The next day (Sunday 7 October 2001) I thought very hard about going up to London to the High Court to attend the hearing. My main reason for not going was that I knew that the Secretary of State would have to satisfy the Court that Railtrack was insolvent. I knew that it would be told of Railtrack's financial position (including my intact jurisdiction to do an interim access charges review and the thorough analysis of the company's financial condition). I also did not expect Railtrack to acquiesce in the petition; rather I thought they would fight and ensure that the Secretary of State proved their insolvency.
I was provided with none of the papers associated with the petition until several days after the order was made. If I had seen the papers in advance, I would certainly have intervened."
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Between Geoffrey Rutherford Weir and Others and (1) Secretary of State for Transport (2) The Department for Transport: Witness Statement of Tom Winsor...
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