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PG&E Bankruptcy Yields $700 Million Fee Bonanza

A collection of lawyers, investment bankers and other financial professionals are set to collect the last installment of $700 million in compensation for their involvement in PG&E’s 17-month-long bankruptcy proceedings.

PG&E Exits Bankruptcy

Today marks the end of Pacific Gas and Electric Company’s second bankruptcy in two decades. After 16 months of legal wrangling in bankruptcy court, lobbying politicians, and pledging various