Civil Litigation,
Bankruptcy
Jan. 15, 2019
PG&E’s bankruptcy filing puts pressure on wildfire victims who have filed lawsuits
Wildfire victims arguing the Pacific Gas and Electric Corp. is responsible for damages from the state’s most destructive blazes over the last two years will have to get in line with other creditors following the utility’s parent organization announcing it will file for bankruptcy by the end of the month.
Wildfire victims arguing Pacific Gas & Electric Corp. is responsible for damages from the state's most destructive blazes over the last two years will have to get in line with other creditors following the utility's parent organization announcing it would file for bankruptcy by the end of the month.
Plaintiffs run the risk of getting pennies on the dollar if they choose to litigate their claims instead of settling, further comp...
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