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Wednesday, April 3, 2019

PG&E Must Trim Trees Before Paying Investors, Judge Says - Law360

PG&E Must Trim Trees Before Paying Investors, Judge Says - Law360: U.S. District Judge William Alsup on Tuesday barred bankrupt Pacific Gas and Electric Co. from paying investors dividends unless it complies with new vegetation management requirements, saying the utility paid investors $4.1 billion in dividends that should have gone toward cutting wildfire-sparking trees.

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