Bankruptcy
Mar. 19, 2019
Baker & Hostetler lawyers, appointed to represent plaintiffs in PG&E bankruptcy, warn of dangers
A bankruptcy attorney appointed on Monday to represent thousands of people harmed by wildfires allegedly caused by the Pacific Gas & Electric Co. said the judge overseeing the bankruptcy risks having the matter removed from his court if he approves the embattled utility’s financing plan.
SAN FRANCISCO -- A bankruptcy attorney appointed on Monday to represent thousands of people harmed by wildfires allegedly caused by the Pacific Gas & Electric Co. said the judge overseeing the bankruptcy risks having the matter removed from his court if he approves the utility's financing plan.
The banks that lent PG&E's parent company $5.5 billion can argue the utility defaulted on its loans and demand whole and immediate r...
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