PG&E Plan Has Broad Support From Fire Victims, Lawyers Say
- Lawyers for more than half the victims say clients back plan
- Wildfire victims have until May 15 to vote on restructuring
This article is for subscribers only.
Lawyers for more than half the wildfire victims who negotiated a $13.5 billion settlement with PG&E Corp. say their clients plan to vote overwhelmingly in favor of the bankrupt utility’s reorganization plan.
The attorneys represent about 40,300 of the estimated 70,000 who lost homes, businesses and other property in blazes blamed on PG&E equipment. Members of the largest group, represented by the firm Watts Guerra LLP, have voted nearly unanimously in favor of the deal, with more than half of 18,000 total votes already cast, according to people familiar with the matter.