Firm News

“This takes care of our concerns that paying the fine would reduce the amount available for the victims,” Mike Danko, the lawyer for the victims, said in an email. “We’re satisfied with this result.” Insurers with claims against PG&E in bankruptcy agreed to wait 15 days to be paid, letting the fund generate enough interest…

Mike Danko explains to the Wall Street Journal  that if the Wildfire Victims’ Trust is funded in part with PG&E stock, then victims would necessarily bear the financial risk of future wildfires, at least until the stock can be sold.  But the risk is mitigated by a $21 billion insurance fund that PG&E would be…

PG&E wants to be out of Chapter 11 Bankruptcy by June 30.  But Governor Newsom doesn’t like PG&E’s exit plan. “I have no interest in the existing management and the existing board,” Newsom said. “It has to be a completely new company.” And he kept repeating this threat: “There’s going to be a new company…

“Jeremiah Thede is ‘glad he will have his day in court against United Airlines,’ said his lawyer, Mike Danko. ‘He feels that everyone needs to know about what United did to him, because it could happen to anyone.’” Jemiah Thede boarded a United flight from Rome to his home in Oakland.  He was hungry and…

By blocking PG&E’s plan to exit bankruptcy, California’s governor pushes PG&E towards liquidation.  Firm clients speak out on CNBC. Mike Danko explains that, if PG&E is liquidated, wildfire victims stand to lose. Watch online.