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November 4, 2019

Calif. seeks quick PGE bankruptcy

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom wants to speed up the troubled Pacific Gas & Electric bankruptcy case so the company can be restructured in time for next year's wildfire season.

Newsom announced Friday he is calling a meeting of wildfire victims and PG&E executives, shareholders and creditors next week to accelerate what Newsom called “a consensual resolution” to the bankruptcy case.


 
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