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April 27, 2024

AB 1054

UPDATED: Attorneys Clash over PG&E Reorg, Blackouts Resume
Attorneys in the PG&E (NYSE:PCG) bankruptcy case sparred over the merits of their competing reorganization proposals, taking potshots at each other’s plans.
PG&E Offers $16.9B for Wildfire Claims in Chap. 11 Filing
PG&E Corp. [NYSCE:PCG] filed a reorganization plan in U.S. Bankruptcy Court that includes $16.9 billion to pay for wildfire claims.
PG&E Seeks $20B Wildfire Bonds Issuance
PG&E is hoping the California legislature will approve a bill providing up to $20 billion in bonds to help the company pay its debts to wildfire victims.

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