Americas > Bondholders, wildfire victims spot flaws in PG&E bankruptcy proposal

Bondholders, wildfire victims spot flaws in PG&E bankruptcy proposal

Published 23:23 on September 23, 2019  /  Last updated at 00:44 on September 24, 2019  / Dan McGraw /  Americas, Canada, US

California utility PG&E's bankruptcy plan lacks the financial commitments and backing from wildfire victims that would enable the embattled company to exit court proceedings by mid-2020, bondholders and victims wrote in a court brief filed last week.
California utility PG&E's bankruptcy plan lacks the financial commitments and backing from wildfire victims that would enable the embattled company to exit court proceedings by mid-2020, bondholders and victims wrote in a court brief filed last week.


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