The $38 billion hedge fund firm Elliott Management called on Pacific Gas and Electric Company to adopt a long-term sustainable capital structure and fully revamp its board and management team in order to ensure accountability for public safety and benefits to key California stakeholders.
Elliot Management Principal Paul Singer/ CC BY-SA 2.0 via Flickr
Exerting pressure as one of the largest creditors to the failed utility, Elliott is concerned about executives adhering to wildfire liability legislation passed in . . .
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