(Bloomberg) — California Governor Gavin Newsom isn’t the only potential obstacle facing PG&E Corp.’s plan to finish its bankruptcy case by June 30. Fire victims who blame the utility for their losses could also derail it.U.S. Bankruptcy Judge Dennis Montali warned the company and its backers that it needs to win broad support from fire victims or face a backlash of anger when they vote on the proposal this spring. If the victims, who are considered creditors, reject the plan, Montali said he may block it.The looming vote from fire victims is a reminder of the precarious balancing act PG&E …read more
Source:: Yahoo Finance
