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Judge Approves PG&E $24.5 Billion Plan For Wildfire Victims And Insurance Companies

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A fallen PG&E utility pole lays on a property burned during a wildfire. The company has several settlement deals meant to clear liabilities stemming from fires sparked by its equipment.

The beleaguered utility faces others obstacles such as winning California Gov. Gavin Newsom's approval for its restructuring plan and a bid by hedge funds to gain control of the company.

(Image credit: Philip Pacheco/AFP via Getty Images)


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