Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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Creditors of bankrupt PG&E overwhelmingly favor the company's own plan of reorganization over a rival plan filed by the California Public Utilities Commission. That's the result of the vote tally for the two competing plans, filed Monday with the U.S. Bankruptcy Court for the Northern District of California. PG&E's plan was endorsed by nine out of a possible 10 creditor classes, while the CPUC's plan received only one vote from its potential pool of eight creditor classes.
September 10, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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