Environmental & Energy,
Civil Litigation,
Bankruptcy
May 19, 2020
Wildfire victims approve PG&E restructuring, company says
Wildfire victims overwhelmingly approved a plan by Pacific Gas & Electric Co. to emerge from bankruptcy, the company announced Monday.
Wildfire victims overwhelmingly approved a plan by Pacific Gas & Electric Co. to emerge from bankruptcy, the company announced Monday.
The utility might start to compensate claimants as early as August if its reorganization proposal passes, according to court filings.
"PG&E believes that it remains on track for plan confirmation," a company statement read.
The co...
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