BERKELEY – The Northern California victims of catastrophic wildfires caused by Pacific Gas & Electric's decaying electrical grid will have at least $19 million siphoned way from a $13.5 billion fund for their losses to cover administrative costs.
A bankruptcy judge said he would approve drawing from the victims' fund as part of a plan reviewed Tuesday during a court hearing.
The decision came after PG&E and a committee representing the victims struck an accord on a $21.8 million budget for administering the $13.5 billion fund for the thousands of people who lost loved ones, homes and businesses during a series of deadly wildfires in 2017 and 2018.