U.S. judge approves PG&E $105 million wildfire assistance fund
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![U.S. judge approves PG&E $105 million wildfire assistance fund]( "U.S. judge approves PG&E $105 million wildfire assistance fund")
PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility's equipment, the judge overseeing the investor-owned power producer's bankruptcy ruled on Wednesday. Creditors, which include wildfire victims, are fighting for funds as PG&E navigates bankruptcy stemming from the blazes and as the state plans for increasingly long and dangerous fire seasons its officials attribute to climate change. U.S. Bankruptcy Judge Dennis Montali at a hearing approved a motion by PG&E seeking permission to establish the fund for people who lost homes in the fires and were uninsured or have used up or will exhaust their insurance.
May 22, 2019 at 11:53PM
from Yahoo News - Latest News & Headlines https://yhoo.it/27ryfmF
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