PG&E crafts wildfire relief fund, but victims criticize bankrupt utility
PG&E has no estimate when it might establish a wildfire relief fund to compensate victims of the Northern California infernos of recent years, the company conceded during an acrimonious bankruptcy hearing Monday that included fresh criticism regarding how the disgraced utility is treating fire victims.
The unsettling revelations about the uncertainties over when PG&E might set up a special fund to compensate victims of the infernos of 2015, 2017 and 2018 arose during a meeting of creditors on Monday that was held in connection with PG&’s $51.69 billion bankruptcy filing.
“We are looking to provide relief for those most in need from the fires,” PG&E’s Chief Financial Officer Jason Wells testified during the meeting of creditors. “It’s our intention to file as quickly as possible. I can’t give you any kind of timetable.”
One wildfire victim, Bryan Montgomery, a resident of Mountain House in Calaveras County at the time of a lethal inferno in 2015, told the hearing that he’s been waiting for more than three years to be compensated by PG&E, which caused that deadly blaze.
Read more: https://www.eastbaytimes.com/2019/04/29/pge-crafts-wildfire-relief-fund-but-victims-criticize-bankrupt-utility/