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Government Reaches Deal on Claims

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TEPCO will get government funds through a state backed institution set up by the Japanese government. This is estimated at $31-49 billion. TEPCO will in return set no ceiling on the total compensation to those affected by the nuclear disaster. Stakeholders in TEPCO will also have to offer their cooperation- meaning they will suffer losses. The governmet will also participate in running TEPCO through a special commission to ensure that the provisions of the deal are honored.

The Japanese government's rescue plan for Tokyo Electric Power Company (TEPCO)

03/29/2011

Grouped Articles

Government Reaches Deal on Claims

Wall Street Journal 05/13/2011

Japan Utility Posts Loss of $15 Billion

Wall Street Journal 05/21/2011

Japan Sets Rescue Plan for Tepco

Wall Street Journal 06/15/2011

Panel Vows to Review Tepco's Activities

Wall Street Journal 06/17/2011

Tepco Credit Rating Cut to 'Junk'

Wall Street Journal 06/21/2011

Japan Passes Law Supporting Tepco

New York Times 08/03/2011


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