Numerous reports indicate PG&E is in negotiations with lenders about debt restructuring. “They’re going to try to get people to accept less than what is owed,” In its statement announcing the likely bankruptcy filing, PG&E said it expected the process to “support the orderly, fair and expeditious resolution of its potential liabilities resulting from the 2017 and 2018 Northern California wildfires.” On Monday morning, a set of barricades appeared outside PG&E’s headquarters building in San Francisco, though no sign of protesters was evident.
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