Judge OKs PG&E Plan To Pay $19M In Fees From Victims Fund

BERKELEY Calif. (AP) – The Northern California victims of catastrophic wildfires caused by Pacific Gas & Electric’s decaying electrical grid will have to have at least $19 million siphoned away from a $13.5 billion fund for their losses to cover administrative costs. A ¬†bankruptcy judge said he would approve drawing from the victims’ fund as part of a plan reviewed Tuesday during a court hearing. The decision came after PG&E and a committee representing the victims struck an accord on the budget for administering the fund for the thousands of people who lost family members and homes during a series of deadly wildfires in 2017 and 2018.

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