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Market tumult threatens PG&E deal with wildfire victims

1 month ago   |   By KCRA

Lawyers who negotiated a crucial $13.5 billion deal for the victims of deadly wildfires caused by Pacific Gas & Electric equipment are expressing serious doubts about whether the nation's largest utility will be able to pay the full amount as the economy sinks toward a recession.
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Wildfire Victims Push to Reopen $13.5 Billion Deal With PG&E

Wildfire Victims Push to Reopen $13.5 Billion Deal With PG&E

1 month ago   |   By NY Times

The falling price of the utility's shares, which are part of the settlement, has jeopardized the company's plan to emerge from bankruptcy by June 30.
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Market tumult threatens PG&E deal with wildfire victims

1 month ago   |   By Star Tribune

Lawyers who negotiated a crucial $13.5 billion deal for the victims of deadly wildfires caused by Pacific Gas & Electric equipment are expressing serious doubts about whether the nation's largest utility will be able to pay the full amount as the economy sinks toward a recession.
Read more ...

 


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