PG&E, JPMorgan Asked To Revise $5B Bankruptcy Deal

By Dorothy Atkins (March 13, 2019, 10:34 PM EDT) -- A California federal bankruptcy judge said Wednesday he's uncomfortable with terms of JP Morgan Chase Bank NA and other banks' proposed $5.5 billion debtor-in-possession loan to electric utility Pacific Gas & Electric, noting that the proposed deal would require him to relinquish control of the proceedings to state regulators if PG&E defaults....

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