Judge Vows Not To Stiff Anyone In Gauging PG&E Liabilities
Law360, San Francisco (September 10, 2019, 7:12 PM EDT) -- A day after Pacific Gas and Electric submitted a Chapter 11 reorganization plan offering $16.9 billion for Northern California wildfire victims, a California federal judge tasked with estimating its liabilities told victims seeking $40 billion Tuesday that his estimate would be based on benchmarks and that nobody would be "stiffed."
"Nobody will be locked in a closet. They will be heard," U.S. District Judge James Donato said at a status conference in San Francisco on Tuesday.
Judge Donato said he expects the estimation hearing to determine PG&E liability in the Northern California wildfires to be held over two to three weeks...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!