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PG&E settles dispute with disaster-relief agencies

Posted at 1:50 PM, Mar 10, 2020

Pacific Gas & Electric says it has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmarked for victims of catastrophic wildfires caused by the nation's largest utility.

The resolution disclosed Tuesday by a PG&E lawyer at the outset of a court hearing could remove a major stumbling block as the company scrambles to meet a June 30 deadline to emerge from bankruptcy.

The details of the deal worked out with the Federal Emergency Management Agency and California's Office of Emergency Services aren't expected to be revealed until next week.

It's still unclear if it will satisfy everyone involved.