What’s today’s “motion for relief from stay” all about?

The dispute about PG&E’s total liabilities.

When it filed bankruptcy, PG&E said its liabilities as a result of the 2017 and 2018 wildfires totaled at least $30 billion. Yet, PG&E now proposes to resolve all wildfire claims by funding a trust for wildfire claimants of substantially

PG&E asked the bankruptcy judge to approve bonuses to its employees totaling $130 million.  We objected, arguing that “every dollar PG&E pays out to its executives in bonuses is a dollar the victims who were burned out by those executives don’t get.”

While sympathetic to our argument, the bankruptcy judge ruled that, under the