PG&E settles California fire claims with local governments for US$1 billion

Published: 19/06/2019
PG&E settles California fire claims with local governments for US$1 billion
Source: WWW.CHANNELNEWSASIA.COM

PG&E Corp will pay US$1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday.

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