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PG&E Bankruptcy

How does this affect Camp Fire Victims?

Posted: Jan 15, 2019 6:38 PM
Updated: Jan 15, 2019 6:38 PM

Speech to Text for PG&E Bankruptcy

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fire. the suit also says pg&e knew of the risk of the power line believed to have caused the fire ... before it broke out. the county attorney says this suit is an important step toward recovery. ### alan alan new at six ... we are learning more how the pg&e bankruptcy could impact camp fire victms. boxes action news now reporter christina vitale spoke with an attorney about it ... what's he saying christina? 888reporter live888 so far we've covered investors, employees, pensions and creditors vo but what does this mean for camp fire victims suing pg&e? attorney, adam sorells, said those people will potentially get little to no compensation. sot full we are worried and it definitely lost so much may be limited, however pg&e did carry some insurance there's approximately 1.4 billion dollars in insurance that's carried. smart lawyers will be able to put their clients to the front of the line in front of the insurance there will still be claims to pursue vo sorrells said previous lawsuits will be frozen until the bankruptcy is finished. if you want to file a new lawsuit your lawyer will alert the judge will monitor those cases until the bankruptcy case is finished. until then, lawyers will file those claims as creditor claims. 888reporter li ve888 sorrells said it's too early to speculate what kind of rate hikes would be seen on electrical bills... but we're going to stay on top of this developing story and bring you the latest. reporting live in chico christina vitale action news now. debbie
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