Judge to consider competing PG&E bankruptcy proposal

Published 23:35 on October 9, 2019  /  Last updated at 23:50 on October 9, 2019  /  Americas, Canada, US  /  No Comments

A US federal judge threw out California utility Pacific Gas & Electric's bankruptcy exclusivity claims on Wednesday and will allow bondholders and wildfire victims to submit a competing reorganisation plan.

A US federal judge threw out California utility Pacific Gas & Electric’s bankruptcy exclusivity claims on Wednesday and will allow bondholders and wildfire victims to submit a competing reorganisation plan.

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