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Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims

Reuters India Saturday, 7 December 2019
California's bankrupt power producer PG&E Corp said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the state's modern history.
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News video: PG&E Reaches $13.5 Billion Settlement Deal With Wildfire Victims

PG&E Reaches $13.5 Billion Settlement Deal With Wildfire Victims 01:09

Pacific Gas & Electric and lawyers for victims of the 2017 and 2018 Northern California Wildfires agreed to a multibillion-dollar legal settlement.

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