The PG&E Fire Victim Trust announced today that it has been funded effective today. The Trust received the Fire Victim Trust settlement proceeds from PG&E which includes 476,995,175 shares of PG&E Common Stock and the first installment of cash funding of $5.385 billion ($5.4 billion reduced by previous court-ordered advances of $15 million) in accordance with PG&E’s Plan of Reorganization. [Read more…]
A U.S. bankruptcy judge has approved Pacific Gas and Electric Co.’s $59 billion reorganization plan, resolving a turbulent bankruptcy that started when the nation’s largest utility sparked a series of wildfires that killed more than 100 people, leveled entire California communities, and led it to plead guilty to over 80 separate counts of involuntary manslaughter. As reported by Reuters, the federal bankruptcy court granted final approval to a proposed Chapter 11 reorganization plan for PG&E that will cover damages related to its negligence in the deadly 2018 Northern California Camp Fire. [Read more…]
Second set of criminal convictions in just five years places PG&E among the most criminally-convicted companies in US history
As reported by The San Francisco Chronicle, Pacific Gas and Electricity Co. (PG&E) has agreed to plead guilty to 85 felony counts for its role in the 2018 Camp Fire, California’s deadliest and most destructive wildfire on record. The felonies include 84 counts of involuntary manslaughter and one count of unlawfully causing a fire resulting from a downed PG&E power line. The Camp Fire in Butte County destroyed as many as 19,000 structures and almost completely leveled the town of Paradise. [Read more…]
Proof of claim process is easy but must be completed by Tuesday December 31st, 2019
If you were affected by the PG&E fires of 2015, 2017 or 2018, you have until 5 PM on Tuesday December 31st, 2019 to file a Proof of Claim. The form is simple. It takes ten minutes to fill out, yet half of those who had painful losses have not filed a claim. [Read more…]
Victims Must File Claims Before December 31, 2019 Court Deadline
San Francisco, CA, December 6, 2019 — The Official Tort Claimants Committee (“TCC”), representing fire victims and other tort claimants in Pacific Gas & Electric’s (“PG&E”) bankruptcy reorganization, announce an agreement with PG&E to provide $13.5 billion in compensation for the fire victims and other tort claimants. This agreement comes after months of the TCC negotiating with PG&E on behalf of fire victims and other claimants. [Read more…]
Easy Proof of Claim process must now be completed by Friday December 20, 2019
If you suffered losses as a result of the Northern California wildfires of 2015, 2017 or 2018, you now have until 5 PM on Friday, December 20th, 2019 to file a Proof of Claim. The form is simple, and takes ten minutes to fill out. No lawyer is required — though Lieff Cabraser is open to representing as clients those with substantial, complex claims who would benefit from a lawyer and who have not yet filed their Proof of Claim. [Read more…]
The California Department of Forestry and Fire Protection (CAL FIRE) has issued a news release stating that “a very meticulous and thorough investigation” has determined that the November 2018 Camp Fire in Butte County “was caused by electrical transmission lines owned and operated by Pacific Gas and Electricity (PG&E) located in the Pulga area.” The deadliest and most destructive fire in California history, the Camp fire began on the morning of November 8, 2018, and burned a total of 153,336 acres, destroying 18,804 structures and resulting in 85 civilian fatalities and several firefighter injuries. [Read more…]
Our thoughts and our hearts go out to our neighbors, colleagues, and friends in northern California, especially those who have lost their lives, homes, and businesses in this newest series of horrific fires.
It is with deep gratitude that we recognize the safety personnel and first responders working tirelessly to bring the fires under control and provide aid during this extremely difficult time throughout the affected areas.
Various news reports indicate that the fire, being called the Camp Fire, broke out early Thursday and has already grown to burn over 80,000 acres in Northern California near Chico, essentially wiping out the town of Paradise and causing at least 40,000 residents to evacuate.
As the fire continues to rage, with only 5% containment, Pacific Gas & Electric Co. today informed Cal Fire regulators that a high-voltage line close to the starting point of the now-huge Camp Fire had experienced a problem and outage just before the first flames appeared. PG&E made a small filing to the California Public Utilities Commission indicating that it had recorded an outage on the line about 20 minutes before the Camp Fire started, approximately 6:15 a.m. Thursday, November 8th. [Read more…]