Saturday, October 19, 2019

Creditors Slam $11B PG&E Proposal Over Calif. Wildfires - Law360

Creditors Slam $11B PG&E Proposal Over Calif. Wildfires - Law360: Creditors blasted Pacific Gas and Electric's proposed settlement of subrogation claims stemming from California's 2017 and 2018 wildfires, saying it locks the bankrupt utility into an $11 billion payment to insurers no matter what direction the case takes in the future.

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