US Judge Approves PG&E Deal With California Wildfire Victims, Stock Jumps

about 6 years in theepochtimes

A U.S. bankruptcy judge approved on Tuesday PG&E Corp’s $13.5 billion settlement with victims of Californian wildfires, and the company’s stock rallied as the utility gained momentum to emerge from bankruptcy in June as planned. “I don’t think we’ve heard a single person say it’s a bad settlement,” U.S. Bankruptcy Judge Dennis Montali said during […]

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