Free Consultation *-Required
  • This field is for validation purposes and should be left unchanged.
Free Consultation (650) 453-3600
Free Consultation Here

WSJ Asks Danko About Risks To PG&E Victims’ Fund

February 15, 2020 Posted In

Mike Danko explains to the Wall Street Journal  that if the Wildfire Victims’ Trust is funded in part with PG&E stock, then victims would necessarily bear the financial risk of future wildfires, at least until the stock can be sold.  But the risk is mitigated by a $21 billion insurance fund that PG&E would be able to tap into, provided that PGE&E acts prudently after emerging from bankruptcy.

Read the front page Wall Street Journal story online.