Environmental & Energy,
Bankruptcy
May 27, 2020
85% of wildfire plaintiffs OK PG&E's reorganization plan
U.S. Bankruptcy Judge Dennis Montali will scrutinize the vote when he considers whether to confirm PG&E’s plan in proceedings starting Wednesday.
Victims of historically destructive wildfires caused by Pacific Gas & Electric Co. voted to approve the utility's reorganization plan, according to a ballot count.
More than 85% of the claimants favored PG&E's proposal to exit bankruptcy, including a $13.5 billion settlement to fund a trust for roughly 70,000 victims.
U.S. Bankruptcy Judge D...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In
Enewsletter Sign-up
Related Content
Environmental & Energy, Bankruptcy
Uncast ballots not an issue, PG&E bankruptcy judge says
May 28, 2020
By Winston Cho
By Winston Cho
Environmental & Energy, Bankruptcy
PG&E set to emerge from bankruptcy crippled with debt
Jun. 18, 2020
By Winston Cho
By Winston Cho
Dennis J. Montali
Dennis Montali
U.S. Bankruptcy Judge Northern District of California (San Francisco)
Litigation & Arbitration, Environmental & Energy
PG&E joined by most fire victims in defending settlement
May 22, 2020
By Winston Cho
By Winston Cho
Environmental & Energy, Civil Litigation, Bankruptcy
Wildfire victims approve PG&E restructuring, company says
May 19, 2020
By Winston Cho
By Winston Cho
Ethics/Professional Responsibility, Civil Litigation
Dispute arises over attorney conflict in PG&E case
May 13, 2020
By Winston Cho
By Winston Cho
Environmental & Energy
Ratepayers criticize suspension of $200M fees from $2B PG&E fine
May 8, 2020
By Gina Kim
By Gina Kim