{"id":171,"date":"2019-04-09T23:09:09","date_gmt":"2019-04-09T23:09:09","guid":{"rendered":"https:\/\/www.henwood.biz\/wordpress\/?p=171"},"modified":"2019-04-09T23:10:25","modified_gmt":"2019-04-09T23:10:25","slug":"what-are-the-odds-of-getting-paid-in-the-pge-bankruptcy","status":"publish","type":"post","link":"https:\/\/www.henwood.biz\/wordpress\/2019\/04\/09\/what-are-the-odds-of-getting-paid-in-the-pge-bankruptcy\/","title":{"rendered":"2019-04-09 What are the odds of getting paid in the PG&#038;E bankruptcy?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Two weeks after PG&amp;E filed for Chapter 11 we started receiving offers from financial firms to purchase our claims against PG&amp;E.   To date we&#8217;ve had 9 offers from 6 firms.  All the offers discount the claim and offer quick cash.   The cash offered represents the low end of the financial firms&#8217; estimates of recover.    <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"460\" src=\"https:\/\/www.henwood.biz\/wordpress\/wp-content\/uploads\/2019\/04\/offers-1024x460.png\" alt=\"\" class=\"wp-image-172\" srcset=\"https:\/\/www.henwood.biz\/wordpress\/wp-content\/uploads\/2019\/04\/offers-1024x460.png 1024w, https:\/\/www.henwood.biz\/wordpress\/wp-content\/uploads\/2019\/04\/offers-300x135.png 300w, https:\/\/www.henwood.biz\/wordpress\/wp-content\/uploads\/2019\/04\/offers-768x345.png 768w, https:\/\/www.henwood.biz\/wordpress\/wp-content\/uploads\/2019\/04\/offers-1200x539.png 1200w, https:\/\/www.henwood.biz\/wordpress\/wp-content\/uploads\/2019\/04\/offers.png 1309w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption>For<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">For unsecured claims the best offer currently is for 71% payout.  And for 503(b)(9) administrative claims the best offer is 79%.   And the stock, PCG, is trading at about 40% of it&#8217;s 12 month high.   Taken together, the market is not expecting PG&amp;E shareholders or bondholders to get wiped out. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two weeks after PG&amp;E filed for Chapter 11 we started receiving offers from financial firms to purchase our claims against PG&amp;E. To date we&#8217;ve had 9 offers from 6 firms. All the offers discount the claim and offer quick cash. The cash offered represents the low end of the financial firms&#8217; estimates of recover. For &hellip; <a href=\"https:\/\/www.henwood.biz\/wordpress\/2019\/04\/09\/what-are-the-odds-of-getting-paid-in-the-pge-bankruptcy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;2019-04-09 What are the odds of getting paid in the PG&#038;E bankruptcy?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-171","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paSHjA-2L","_links":{"self":[{"href":"https:\/\/www.henwood.biz\/wordpress\/wp-json\/wp\/v2\/posts\/171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.henwood.biz\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.henwood.biz\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.henwood.biz\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.henwood.biz\/wordpress\/wp-json\/wp\/v2\/comments?post=171"}],"version-history":[{"count":2,"href":"https:\/\/www.henwood.biz\/wordpress\/wp-json\/wp\/v2\/posts\/171\/revisions"}],"predecessor-version":[{"id":174,"href":"https:\/\/www.henwood.biz\/wordpress\/wp-json\/wp\/v2\/posts\/171\/revisions\/174"}],"wp:attachment":[{"href":"https:\/\/www.henwood.biz\/wordpress\/wp-json\/wp\/v2\/media?parent=171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.henwood.biz\/wordpress\/wp-json\/wp\/v2\/categories?post=171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.henwood.biz\/wordpress\/wp-json\/wp\/v2\/tags?post=171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}