PG&E Bankruptcy

Beleaguered utility giant PG&E said Monday preliminary results indicate “overwhelming acceptance” of its bankruptcy reorganization plan by all affected classes — including wildfire victims — save a group of shareholders with pre-bankruptcy securities claims that are subordinated under bankruptcy law.

SAN FRANCISCO — Beleaguered utility giant PG&E said Monday preliminary results indicate “overwhelming acceptance” of its bankruptcy reorganization plan by all affected classes — including wildfire victims — save a group of shareholders with pre-bankruptcy securities claims that are subordinated under bankruptcy law.

Categories / Law, Securities

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PG&E Bankruptcy

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