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The same amount has been offered to the victims by a rival group of noteholders led by Pacific Investment Management Co and Elliott Management Corp, according to the report https://www.bloomberg.com/news/articles/2019-11-11/pg-e-offering-13-5-billion-in-compensation-to-wildfire-victims. PG&E sought Chapter 11 bankruptcy protection in January after massive wildfires struck Northern California in 2017 and 2018, which were blamed on its equipment. A lawyer for the committee of wildfire victims said last month their claims may be worth $13.5 billion, Reuters reported....
Bankrupt California power producer PG&E Corp is offering $13.5 billion in compensation to wildfire victims as part of a restructuring plan, Bloomberg reported on Monday, citing people with knowledge of the situation. The same amount has been offered to the victims by a rival group of noteholders led by Pacific Investment Management Co and Elliott Management Corp, according to the report https://www.bloomberg.com/news/articles/2019-11-11/pg-e-offering-13-5-billion-in-compensation-to-wildfire-victims. PG&E sought Chapter 11 bankruptcy protection in January after massive wildfires struck Northern California in 2017 and 2018, which were blamed on its equipment....
Fund invests in agriculture and travel, with an emphasis on high growth potential Continue reading......
Public remarks from President Donald Trump will be a focus on Tuesday, with the comments poised to be potentially market-moving as stocks hover near record highs and the Treasury yield curve steepens....
Investing.com - Asian markets were mixed in morning trade on Tuesday. Hong Kong stocks struggled for direction amid continuing protests in the city....
It's really great to see that even after a strong run, CSPC Pharmaceutical Group (HKG:1093) shares have been powering......
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Worley Limited......
