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Bankruptcy

May 24, 2019

$105M for PG&E fire victims aid too little, say attorneys

A bankruptcy judge approved Pacific Gas & Electric Corp.’s plan for a $105 million assistance program for wildfire victims over objections that it is significantly underfunded.

A bankruptcy judge approved Pacific Gas & Electric Corp.'s plan for a $105 million assistance program for wildfire victims over objections it is significantly underfunded.

The program is far short of the $250 million the committee representing wildfire plaintiffs requested, but U.S. Bankruptcy Judge Dennis Montali said he does not have the power to make the utilit...

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