PG&E’s bankruptcy judge opens the door to rival chapter 11 exit plan.
The decision means at least two chapter 11 plans will move forward as PG&E shifts into a crucial phase of its chapter 11 proceeding.
PG&E crews remove power lines damaged by fire off Bille Road in Paradise, Calif., on Saturday, Nov. 10, 2018.s bankruptcy handed shareholders a loss, opening the door to a competition over the best path out of bankruptcy that pits the troubled utility against bondholders led by Elliott Management Corp.
Judge Dennis Montali of the U.S. Bankruptcy Court in San Francisco cleared the way for a rival chapter 11 plan from Elliott and other bondholders that are allied with victims of wildfires that drove PG&E to bankruptcy. His ruling stripped PG&E of the sole right to propose a chapter 11 plan covering billions of dollars of damages from blazes linked to PG&E equipment.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
11 elephants are dead after falling from a Thai waterfallFive more elephants were found dead after falling from a waterfall in Khao Yai National Park in Thailand, bringing the total dead to 11. It's the country's biggest loss of wild elephants in a national park, officials say.
Leer más »
11 Signs That You're Definitely in Love (or, At Least, Catching Major Feelz)Sweating? Neglecting your phone when they're around? Oh yeah, it's lurve.
Leer más »
More dead wild elephants found at Thai waterfall; toll at 11Carcasses of five more wild elephants discovered downstream from waterfall where bodies of six other elephants were found last weekend, wildlife officials in Thailand say.
Leer más »
More dead wild elephants found at Thai waterfall; toll at 11The carcasses were discovered by a drone being used to investigate how the first six elephants had earlier plunged to their deaths at the Haew Narok — Ravine of Hell — waterfall in Khao Yai National Park in northeastern Thailand.
Leer más »
China Vice Premier Liu will travel to U.S. for trade talks on October 10-11Chinese Vice Premier Liu He and top trade negotiator will be traveling to Washin...
Leer más »
11 Pairs of Cozy Fleece-Lined Leggings for WinterThe best fleece-lined leggings and pants to help you get through whatever this winter throws your way
Leer más »