Credit to Author: Carter Sherman| Date: Thu, 14 Nov 2019 12:41:22 +0000
The diocese is challenging the constitutionality of a groundbreaking law that lets survivors sue no matter how much time has passed.
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Credit to Author: Emma Ockerman| Date: Mon, 16 Sep 2019 17:18:15 +0000
Several states have already sued — or vowed to sue — the family directly.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 05 Sep 2019 18:52:37 +0000
The post PG&E Seeking $14 Billion in Restructuring Plan appeared first on POWER Magazine.
Pacific Gas & Electric (PG&E) reportedly will soon file a restructuring plan that includes more than $14 billion in equity commitments, as the utility looks to recover from billions of dollars in liabilities tied to its role in California wildfires that caused the company to file the largest utility bankruptcy in U.S. history. Bloomberg on […]
The post PG&E Seeking $14 Billion in Restructuring Plan appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Fri, 02 Aug 2019 20:55:44 +0000
California utility Pacific Gas & Electric (PG&E) has asked the judge overseeing its bankruptcy case to support restructured deals with some of the utility’s power suppliers in an effort to reduce the price PG&E pays for those companies’ electricity. The fate of $42 billion worth of long-term power purchase agreements (PPAs) is a key component […]
The post PG&E Asks Bankruptcy Judge to Back Restructured Power Deals appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 29 Jan 2019 15:29:16 +0000
California utility Pacific Gas and Electric (PG&E) filed for Chapter 11 bankruptcy on Jan. 29, as the company faces as much as $30 billion in potential liabilities for its role in a series of wildfires in the state. The filing was expected after the company notified its workers two weeks ago it was preparing a […]
The post PG&E Files for Bankruptcy, Prepares to Reorganize appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Mon, 14 Jan 2019 14:06:08 +0000
California utility PG&E Corp. on Jan. 14 gave its workers the state-required 15-day advance notice of its intent to file a Chapter 11 bankruptcy. The company on Monday said its electric and natural gas service to customers should not be impacted during its reorganization, which comes as PG&E faces billions of dollars in liabilities related […]
The post PG&E Says it Will File Chapter 11 Bankruptcy appeared first on POWER Magazine.
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