The prospect of holding stock in PG&E, even indirectly, has some fire victims concerned that share prices could fall before their claims are satisfied
PG&E Corp. proposes to pay half of its $13.5 billion settlement with California wildfire victims in company shares, a move that would make victims the utility’s largest shareholders—and jeopardize payments if PG&E sparks future fires.
As part of its plan to exit bankruptcy, PG&E would pay fire-victim claims through a trust funded with equal parts cash and stock. The trust would own 20.9% of PG&E’s shares upon the company’s emergence from chapter 11, PG&E has said, and would gradually sell the stakes over...
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Los problemas del corazón en mujeres es más mortal que el cáncer de seno, ella se salvó para contarloEn febrero es el Mes Nacional del Corazón, es importante tener en cuenta que anualmente mueren más mujeres por enfermedades cardíacas que de todos los cánceres combinados.
Les mer »
Lorraine Kelly apologises after she becomes victim of email hackingLorraine Kelly was forced to apologise to her friends and family on Wednesday morning after her email account was hacked
Les mer »
Arrest made after fire guts Tustin apartment buildingAuthorities have arrested a man suspected of setting a fire that gutted an Orange County apartment building and displaced about 100 tenants.
Les mer »
Harley Quinn Movie Birds of Prey Is Changing Its Title, Unless It Isn’tBirdsofPrey producer Sue Kroll tells V.F. the film's online listings have been tweaked so fans will “find it more quickly”
Les mer »
Fire erupts at ExxonMobil refinery in Louisiana; no injuriesFire crews have responded to a fire inside an ExxonMobil refinery in Louisiana
Les mer »
Former PG&E lawyer named new regional EPA chief in CaliforniaDays after the Environmental Protection Agency’s top official in California was abruptly removed, the agency has named a PG&E lawyer as the replacement.
Les mer »