Edition:
India

Tom Hals

U.S. judge approves PG&E deal with California wildfire victims; stock jumps

19 Dec 2019

A U.S. bankruptcy judge approved on Tuesday PG&E Corp's $13.5 billion settlement with victims of Californian wildfires, and the company's stock rallied as the utility gained momentum to emerge from bankruptcy in June as planned. | Video

UPDATE 2-U.S. judge approves PG&E deal with California wildfire victims; stock jumps

18 Dec 2019

Dec 17 A U.S. bankruptcy judge approved on Tuesday PG&E Corp's $13.5 billion settlement with victims of Californian wildfires, and the company's stock rallied as the utility gained momentum to emerge from bankruptcy in June as planned.

PG&E, fire victims waive deadline for governor's OK of reorganization plan

17 Dec 2019

WILMINGTON, Del, Dec 17 California wildfire victims and utility PG&E Corp have agreed to waive a Tuesday deadline for securing approval from the state's governor for the power company's reorganization plan that contains a $13.5 billion settlement for the victims.

California governor rejects PG&E bankruptcy reorganization plan

14 Dec 2019

California Governor Gavin Newsom on Friday rejected a bankruptcy reorganization plan submitted by PG&E Corp, the state's largest investor-owned utility, saying its proposal fails to meet the requirements of a recently enacted wildfire law.

California governor to decide on PG&E bankruptcy plan

14 Dec 2019

Dec 13 California Governor Gavin Newsom was expected to decide late on Friday whether a bankruptcy reorganization plan submitted by PG&E Corp, the state's largest investor-owned utility company, complies with a recently enacted state wildfire law.

Royal Caribbean liability for volcano deaths may turn on 'act of God' defense

13 Dec 2019

Royal Caribbean Cruises Ltd's potential liability for a deadly excursion to a volcanic island in New Zealand could hinge on whether the eruption was an unforeseeable "act of God," according to maritime lawyers. | Video

Musk's defamation win may reset legal landscape for social media

07 Dec 2019

Elon Musk's daring has left its mark on electric cars and rockets, and now experts say the entrepreneur may have reshaped U.S. defamation law with his willingness to defend at a high-stakes trial a lawsuit over an off-the-cuff tweet.

Musk's defamation win may reset legal landscape for social media

07 Dec 2019

((This December 6 story is refiled to fix typo in quote in paragraph nine))

U.S. regions hard hit by opioids to ditch class action, pursue own lawsuits

04 Dec 2019

WILMINGTON, DelLocal governments in regions hard hit by the U.S. opioid epidemic have opted out of massive litigation taking aim at the drug industry over the crisis, potentially weakening a novel legal mechanism created to help settle thousands of lawsuits.

PG&E says its distribution lines caused no deadly fires in 2019

03 Dec 2019

California utility PG&E Corp has determined there were no lives or structures lost in 2019 wildfires that may have been caused by its distribution lines, according to a Friday court filing. | Video

World News