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November 5, 2024

PG&E Bankruptcy

PG&E Resolves Dispute with Fire Victims, FEMA
FEMA dropped its claim to a chunk of the $13.5 billion trust PG&E plans to fund for wildfire victims, removing an obstacle to its exit from bankruptcy.
PG&E Tries to Put Bankruptcy Plan in Layman’s Terms
PG&E's bankruptcy could reach another milestone as the utility tries to explain its Chapter 11 reorganization proposal to fire victims and other parties.
CPUC President Wants More Control over PG&E
California PUC President Marybel Batjer receivership may be necessary if PG&E can’t provide safe service once it exits bankruptcy.
PG&E Reports $3.6 Billion Q4 Loss
PG&E reported multibillion-dollar losses in its quarterly and annual reports but expects sustainable financial performance after it emerges from reorganization.
What Spring Could Bring for PG&E
The countdown is on for P&GE's bankruptcy exit, which needs to happen for the utility to participate in an insurance fund to protect it from liabilities.
Judge Approves PG&E’s Deal with Bondholders
The federal judge in charge of PG&E’s Chapter 11 reorganization set a timeline for it to exit bankruptcy and approved its recent agreement with bondholders.
PG&E Tries to Appease Governor with New Plan
PG&E offered the most detailed versions yet of its plans to emerge from bankruptcy in filings with the California PUC and the U.S. Bankruptcy Court.
A Year Later, PG&E Close to End of Bankruptcy
Lawyers representing shareholders, fire victims and the government are still wrangling to secure a share of the multibillion-dollar pot PG&E will pay out.
PG&E Settles with Bondholders; Governor Objects
PG&E settled with bondholders whose competing reorganization plan may have been the biggest threat to having its own Chapter 11 reorganization plan adopted.
FEMA Wants $4 Billion from PG&E in Bankruptcy
FEMA's claims that Pacific Gas and Electric owes it more than $3.9 billion have thrown the utility’s Chapter 11 case into disarray.

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