MENDOCINO Co., 6/18/19 — Mendocino County, along with eight other cities and counties, has accepted a settlement with PG&E after a lawsuit involving a number of wildfires across Northern California over the last several years, including the “North Bay Fires” during October, 2017. The $415 million settlement was reached through a collective mediator after several days of mediation presided over by a judge, and will be distributed to the different cities and counties as part of PG&E’s restructuring due to bankruptcy. A total of one billion dollars will be paid out by the utility company as part of the bankruptcy reorganization.
The settlement will not impact the any claims made by individuals or businesses filed against PG&E regarding the wildfires. Mendocino County will not receive its share of the $415 million until PG&E’s bankruptcy restructuring is complete.
Here’s the full announcement from the county:
2019-06-18-North-Bay-PGE-Mediators-Propsal-Press-Release