Developing news, attorneys for thousands of the victims shared their questions and concerns about pg es settlement offer. Abc 7 News Reporter is live where they met. And that meeting wrapped up just a short time ago. What did you learn. Reporter the lawyers say theyre representing between 35 and 40 victims. Some of the victims say theyre still trying to understand the very complicated details of this 13. 5 billion settlement. The settlement comes after two years of intense negotiations on behalf of the victims of the wildfires that occurred. It also includes v warehouse fi oakland. As i mentioned the victims will get 13. 5 billion. It has to be paid in cash, the other half paid in stock. The stock will be monetized which means itll be turned into a money and then paid out to the victims. Lawyers say once pg e emerges from bankruptcy the victims will be given stock from the new Company Clear of any past pg e liabilities. So theyre actually drawing upon the future value of pg e to compen
A huge explosion followed by fire completely destroyed a warehouse in near Tashkent Airport in the Uzbekistan capital early Thursday morning, according to local media reports.