Under Pressure From NCFL & Victims, PG&E Cancels Employee Bonuses
Earlier, PG&E asked the bankruptcy judge to approve bonuses to its employees totaling $130 million. We objected, arguing that “every dollar PG&E pays out to its executives in bonuses is a dollar the victims who were burned out by those executives don’t get.” While sympathetic to our argument, the bankruptcy judge ruled that, under the controlling bankruptcy law, he had no alternative but to approve PG&E’s request.
Now, buckling to pressure from the Northern California Fire Lawyers as well as from the victims themselves, PG&E has decided not to pay those bonuses after all. As reported in the Sacramento Bee, PG&E’s interim CEO acknowledges that not paying the bonuses may cause a hardship on PG&E employees, “But we believe as a whole that the hardships on others are in many cases significantly greater.” Ya think?
About Northern California Fire Lawyers
Northern California Fire Lawyers is a team of more than 30 attorneys from a coalition of three Northern California law firms: Corey, Luzaich, de Ghetaldi & Riddle, Danko Meredith and Gibbs Law Group. Collectively, our fire lawyers have more experience investigating and bringing claims against PG&E than any law firm in California. Our attorneys have been appointed by California judges to leadership positions in some of the largest fire and disaster cases, including the Butte Fire Cases, 2017 PG&E Fire Cases, and San Bruno Explosion lawsuits.
Our attorneys currently represent over 200 families who are victims of the 2015 Butte Fire that devastated over 70,000 acres. We have earned hundreds of millions of dollars in settlements and verdicts for our clients, and members of our team have been honored for their work with numerous awards, including “Top Plaintiff Lawyers in California,” “Trial Lawyer of the Year,” and “Top Women Lawyers in Northern California,” among others.
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Our wildfire attorneys are happy to answer any questions you may have. Call (530) 208-3062, or email us at contact@norcalfirelawyers.com to speak with a wildfire attorney, free of charge.