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  /  Americas, Canada, US  /  No Comments

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.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.