PG&E is taking pre-emptive bankruptcy to a new level. TheRealLSL
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
California Wildfire Insurance Claims Total $11.4 Billion For November 2018This week the state's largest utility, PG&E Co., is expected to file for bankruptcy protection due to its potential liabilities.
Read more »
PG&E Says Federal Judge's Safety Plan Is Not Feasible And Too ExpensiveThe utility company is trying to convince a federal judge to modify a wide-ranging proposal to mitigate wildfire risk. PG&E is also seeking bankruptcy protection.
Read more »
PG&E Is Just The First Of Many Climate Change BankruptciesPG&E was the victim of multiple random acts of climate violence. It could have been better prepared but could not have, alone, saved its customers, investors, creditors, etc., from these consequences of climate change. If we hold companies liable, expect many more climate change bankruptcies.
Read more »
PG&E Is Just The First Of Many Climate Change BankruptciesPG&E was the victim of multiple random acts of climate violence. It could have been better prepared but could not have, alone, saved its customers, investors, creditors, etc., from these consequences of climate change. If we hold companies liable, expect many more climate change bankruptcies.
Read more »
California Power Provider PG&E Files For Bankruptcy In Wake Of Fire LawsuitsThe utility is facing billions of dollars in legal liability for fires caused by its equipment. PG&E filed for Chapter 11 bankruptcy, which would let it restructure its debts.
Read more »
PG&E shares surge as company secures $5.5 billion in bankruptcy financingU.S. power producer PG&E Corp's shares surged as much as 16 percent on Tues...
Read more »
Erin Brockovich urges California to stop PG&E bankruptcyConsumer activist Erin Brockovich, who famously took on Pacific Gas & Electric Co. in the 1990s, urged California lawmakers Tuesday not to let the utility go bankrupt because it could mean less money for wildfire victims. 'I'm mad, I think we should all be mad,' Brockovich said as she stood...
Read more »
Fire report could complicate PG&E bankruptcy decisionSACRAMENTO, Calif. (AP) — A state fire investigation's conclusion that Pacific Gas & Electric Corp. equipment was not to blame for a 2017 wildfire that killed 22 people in Northern California wine country could hamper lawsuits by victims of the blaze and complicate the utility's plans to file for bankruptcy. In a long-awaited report, state investigators said Thursday the blaze that destroyed more than 5,600 structures in Sonoma and Napa counties started next to a residence and was caused by a private electrical system. The state firefighting agency did not find any violations of state law in its investigation of the Tubbs Fire.
Read more »