KRON4’s Sanaz Tahernia asks me how we got into this situation, how long will it last, and what can be done about it. (14 minutes.)
New York Times Highlights How PG&E’s Bankruptcy Strategy Will Reward Shareholders and Shortchange Fire Victims Who Don’t Act
I told the New York Times that PG&E filed bankruptcy not because it needed to but because it wanted to “use the bankruptcy rules to their benefit to limit their liability to victims.” And they have it as front page news today.
But it was back in January I told KRON4 the same thing. I
PG&E Chief Can’t Explain Why PG&E Paid $2.5 million Bonus to Fired CEO But Stiffed Butte Victims
PG&E Chief Financial Officer Jason Wells appeared in Bankruptcy Court to answer questions under oath. It was his second time. The first time, I asked him about the bonus PG&E paid to CEO Geisha Williams as she was shown
PG&E Raises Rates On Victims
Having paid to shareholders money it was supposed to use on wildfire remediation and prevention, PG&E now says it can’t get the work done unless it raises rates. The CPUC is going to let them.
Judge Orders Convicted Felon PG&E To Comply With Tree Trimming Laws
PG&E argued it couldn’t comply with the laws because there were just too many trees, too close to its wires. The judge replied, “That’s a problem of your own making.”
PG&E’s New CEO William Johnson Is All About Profits
Scott Deveau and Mark Chediak of Bloomberg report that PG&E is likely to sign Bill Johnson as its new CEO. Bill Johnson was most recently CEO of the Tennessee Valley Authority, the large southeastern public utility. Critics are glad Johnson is now gone from the TVA because, they say, he consistently favored corporate interests over
PG&E Buckles On Bonuses
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
San Francisco Judge Recommends Coordination of all PG&E Fire Lawsuits
PG&E asked Judge Curtis Karnow to send the various fire victims’ lawsuits to five different counties. Instead, Judge Karnow decided that all cases that have been filed — or that will be filed — as a result of the Nor Cal fires will be handled by one judge and that judge will be in San
North Bay Fires: Town Hall Meetings Oct. 24 & Oct. 29
Our fire clients are invited to attend the next Town Hall Meetings. Call for more information.
North Bay Fires Flyer by Mike Danko on Scribd
PG&E to Blame for Butte Wildfire; Our Clients Tell Their Story
Two years after the Butte Wildfire, some families are still without a home. It’s now established that PG&E is to blame, but the company still refuses to take responsibility.
