California utility company PG&E is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to fatal wildfires in 2018 and 2017, people familiar with the matter said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
PG&E's Bankruptcy Was Predictable And Could Have Been Prevented With Distributed AssetsWildfires may be the immediate cause of PG&E’s bankruptcy but an outdated regulatory system is also a factor. As such, PG&E’s financial and legal woes could have been mitigated not just by having better oversight but also by making more investments in distributed generation and delivery.
Leer más »
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.
Leer más »
Into and Out of and Back Into Bankruptcy Court: A PG&E TimelineA timeline of major events in PG&E's corporate history from 2001, when it first filed for Chapter 11 bankruptcy protection, through Tuesday, when the company began the reorganization process again.
Leer más »
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.
Leer más »
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.
Leer más »
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.
Leer más »
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.
Leer más »