May 16, 2019 / 10:34 PM / 11 days ago

Unsecured creditors oppose PG&E housing fund for wildfire victims

The committee for unsecured creditors of PG&E Corp has come out against a motion by the power provider seeking court approval to set up a $105 million fund to help house victims of wildfires that triggered its second bankruptcy.

The committee in a filing in U.S. Bankruptcy Court in San Francisco on Wednesday said PG&E’s proposed fund while “laudable in concept, is flawed in construction.”

To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/2LOZxC4

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below