Bankruptcy Law News

PG&E Judge Asks Why He Should Back Victims in Creditor Vote Feud

April 7, 2020, 8:32 PM

The federal judge overseeing PG&E Corp’s bankruptcy questioned whether he should get involved in a feud over a campaign to influence the vote of 80,000 fire victims on the utility’s reorganization plan.

  • U.S. Bankruptcy Judge Dennis Montali said he wasn’t sure he needed to approve a letter that attacks PG&E for its interpretation of a deal between the utility and a committee representing the fire victims
    • The committee wants Montali to make their letter part of the official court disclosure documents that creditors can read to decide how to vote on the plan
    • PG&E, a group of its shareholders...

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