JohnPhilpin
JohnPhilpin

California utility firm suspected of starting deadly wildfires goes bankrupt

That’s PG & E folks.

A conundrum. The potential fines are so large that it would bankrupt them so they declare bankrupt themselves early to avoid paying the full amount? Is that what’s happening?

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In reply to
stickmandiaries
stickmandiaries

@JohnPhilpin I know nothing of the infrastructure in US, but is state owned Utilities a thing? Having read the article its clear that in this case it should be "the" option.

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