Brother of Farmersville murder victim will be special guest at State of the Union address

Jones Family

Feb. 04, 2020: “The brother of a Farmersville man who was shot and killed at a Visalia AM/PM in 2018 will join President Donald Trump as a special guest to the State of the Union address. White House officials announced Jody Jones as one of 11 guests joining the president and First Lady Melania Trump Tuesday night.” Continue reading on

Family of murdered Tulare County man files lawsuit against Walmart

Jody Jones

Feb. 05, 2020: “A valley family has announced plans to take on Walmart, saying the retail giant played a role in its brother’s killing. President Trump talked on Tuesday night about their brother’s killing, by a man illegally in this country, during his State of the Union Address.” Continue reading on

Jody Jones: 5 Fast Facts You Need to Know

Jody Jones

Feb. 2020: “While President Donald Trump addresses the country with his third State of the Union speech on Tuesday, as per custom, he and First Lady Melania Trump will have a series of honored guests sitting in the audiences. One of the specially invited attendees receiving the spotlight during Trump’s SOTU speech, Jody Jones, whose brother Rocky Paul Jones was tragically shot and killed by Gustavo Garcia in Tulare County, California, on December 17, 2018. Rocky was 51 years old.” Continue reading on

Brother of slain Farmersville man to join President Trump at State of the Union

Jody Jones of Farmersville is one of 11 guests joining President Donald Trump for Tuesday's State of the Union address. Jody's brother Rocky was shot to death in a Visalia AM/PM parking lot in December 2018.

Feb. 04, 2020: “Jody is the brother of Rocky Jones who was shot to death in a Visalia AM/PM parking lot in December 2018. The shooter, Gustavo Garcia, was an unauthorized immigrant who had been arrested on a drug charge and held at the Tulare County Jail for 10 hours the day before the murder, authorities said.” Continue reading on

He was Trump’s guest for State of Union because his brother was killed by undocumented man

Jody Jones from Farmersville, CA, was among President Donald Trump’s guests at the White House Tuesday for the State of the Union.

Feb. 04, 2020: “During his annual State of the Union address Tuesday, President Donald Trump blamed the death of a Tulare County man on California’s sanctuary state law. The victim’s brother, Jody Jones, was there, one of nearly a dozen special guests honored by the president during the speech.” Continue reading on

PG&E loses gambit to avoid California’s inverse condemnation rules

Nov. 27, 2019: “Pacific Gas and Electric Co.’s bankruptcy judge has rejected the utility’s attempt to reduce its liability for the 2017 and 2018 wildfires by circumventing a tough California legal doctrine.” Continue reading on

Paradise Residents Still Can’t Drink the Water

Sep. 30, 2019: “Since last November, when the Camp Fire almost completely destroyed the town of Paradise, the cancer-causing chemical benzene has tainted the town’s water, leaving it undrinkable. Now an independent team of scientists will begin testing for the carcinogen and other pollutants inside the houses that the fire left standing.” Continue reading on

New data shows surge in home prices following Camp Fire

Oct. 2, 2019: “The anniversary of the Camp Fire is less than a month away and now, new data reveals just how much average home prices went up since the fire.” Continue reading on

Access to health care was already difficult before the Camp Fire, according to new assessment

Sep. 20, 2019: “Laurie Heer injured her shoulder when her dog panicked while they evacuated during the Camp Fire. But she couldn’t find her Paradise doctor to prescribe her pain medication and get her on the path for surgery for several months. Now she’s struggling to pay for gas to drive from Lime Saddle Campground, where she’s temporarily living, to Chico every week for appointments with a physical therapist and a psychiatrist. Her dentist has a seemingly interminable waitlist.” Continue reading on

Camp Fire victims are being shorted, an unlikely duo has teamed up for a hostile company takeover, and a whole lot of people wondering what’s going on with the PG & E settlement. 

To untangle the mess, this article will go over what’s going on, when things happened, and we will also do our best to explain why they happened.

Starting off, let’s talk about the claim amounts.

  • Victims claim PG & E owes $54 billion.
  • PG & E claims that it could only owe $30 billion.
  • The September 9th Plan offers $17.9 billion.
  • To date, they have negotiated $12 billion in settlements, with $11 billion going to insurance companies and $1 billion going to government entities.
  • They’re trying to settle the rest, with the victims, for $8.4 billion.

Next, there are 3 major “groups” involved with the PG & E lawsuit.

  1. You have the insurance companies who have paid out to the victims.
  2. You have individual parties with individual claims against PG & E.
  3. You have a wildfire group that has teamed up with hedge funds in order to stage a hostile takeover of PG & E.

Now we’ll talk about the events and how the developed.

September 9: The chaos started with PG & E unveiling their plans for a company reorganization that would pay out $17.9 billion – slightly over half of the initial amount of claims. $8.4 billion would be for wildfire victims, $8.5 billion for insurance companies, and $1 billion for local government entities.

Right off the bat, it’s easy to see why both insurance companies and individual plaintiffs were upset – the compensation was just too little compared to the damages. 

September 13th: PG & E announces an $11 billion settlement with insurance groups. This settlement is the second , with the first one being $1 billion to government entities, and is for an insurance group that represents around 85% of the claims for the both the Butte County Camp Fire of 2018 and the Northern California fires of 2017.

While some are happy, others aren’t. In a statement from the Ad Hoc Subrogation Group, they’re expecting this initial settlement to “pave the way for a plan of reorganization that allows PG & E to fairly compensate all victims and emerge from the Chapter 11 by the June 2020 legislative deadline”.

With the individual victims, all parties were outraged. According to California law, the victims are to be compensated first, and attorneys feel that PG & E is instead putting insurance companies ahead of the victims. with the settlement and the plan.

Attorneys are now furiously battling in the bankruptcy courts as the deal will require sign off from US Bankruptcy Judge Dennis Montali.

These series of events then leads us to third major development, the hostile takeover of PG & E. For those who aren’t familiar, a hostile takeover is when “Company A” goes directly to the shareholders of “Company B” in order to buy enough shares to take over “Company B”. What makes it hostile is that “Company B” does not want this to happen.

In this case, the various wildfire victims that felt shorted, joined forces with Wall-street hedge funds in an attempt to takeover PG & E and plan out a more fair settlement that would include $24 billion to a trust responsible for paying off the wildfire liabilities. The payout would be a mix of both cash and PG & E stock.

The stakes are higher than ever as victims of the wildfires are running out of time to get their claims in. If you or someone you know were a victim to the Butte County Camp Fires or the Nor Cal wildfires, please contact our award winning attorneys immediately for a free consultation at 833-200-7111. Once again, time is running out and there are only days left. Do not hesitate.