PG&E wildfire victim settlement

PG&E Exits Bankruptcy

July 2, 2020 2:07 pmMarch 17, 2022 8:15 pm

Press play to hear a narrated version of this story, presented by AudioHopper. On Wednesday, Pacific Gas & Electric (PG&E) officially exited bankruptcy, ending over one and a half years of bankruptcy and emerging as a company under completely new...

Bankruptcy Court Approves $24.5 Billion in PG&E Settlements

December 18, 2019 2:07 pmDecember 19, 2019 8:06 am

Two PG&E settlement deals worth a combined $24.5 billion to compensate wildfire victims and insurance companies was approved by a U.S. bankruptcy judge on Tuesday. After a long 5 hour hearing in San Francisco, Bankruptcy Judge Dennis Montali first approved...

Governor Newsom’s Approval No Longer Needed on PG&E Settlements

December 17, 2019 5:21 pmDecember 18, 2019 2:09 pm

PG&E removed a provision requiring the Governor to approve all settlements with wildfire victims on Monday. Meeting with wildfire victim representatives on Monday to come up with an agreeable settlement amount, both sides agreed to not allow the Governor to...