in the news
Los Angeles Times: Newsom’s Office Implores Court to Give Wildfire Victims a Voice in PG&E Bankruptcy CaseFebruary 01, 2019
California Governor Gavin Newsom requested that wildfire victims, employees and customers of Pacific Gas & Electric (PG&E) be represented in the company’s bankruptcy proceedings. O’Melveny partner Nancy Mitchell echoed this request, calling in a letter to the federal trustee overseeing the bankruptcy for representatives from these stakeholder groups to serve on an unsecured creditors’ committee with “significant power” to negotiate the reorganization of PG&E.
“Most vulnerable in this process are the wildfire victims who were uninsured, underinsured or have potential claims against the company for personal injury and wrongful death,” wrote Mitchell. “These individual victims should not be left to fend for themselves in a creditor class outnumbered by sophisticated and deep-pocketed financial institutions and insurance companies.”
To read the full article, click here.