Litigation & Arbitration,
Environmental & Energy
May 22, 2020
PG&E joined by most fire victims in defending settlement
Pacific Gas & Electric Co. teamed up with the committee representing wildfire victims Thursday to defend a $13.5 billion settlement as one of the last steps to confirm the utility's reorganization plan and exit bankruptcy.
SAN FRANCISCO -- Pacific Gas & Electric Co. teamed up with the committee representing wildfire victims Thursday to defend a $13.5 billion settlement as one of the last steps to confirm the utility's reorganization plan and exit bankruptcy.
Challenged by objectors arguing the deal is underfunded and others insisting they should be treated differently, the defenders of the plan urged a federal judge to ensure the settlement resolves a...
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