May 02, 2019
PG&E Corp. is asking a California bankruptcy court for permission to set aside $105 million to help with the housing expenses of people displaced by the 2017 and 2018 California wildfires that drove the company into Chapter 11.
April 23, 2019
A California bankruptcy judge on Tuesday approved PG&E Corp.'s plan to pay up to $350 million in bonuses to 10,000 employees over objections from fire victims, saying during a hearing that cutting workers' compensation due to wildfire concerns seems to be the "wrong way to deal with the problem."
April 18, 2019
San Francisco has asked a California bankruptcy court to allow it to press forward with its claims that PG&E is improperly squeezing the city on rates, saying the bankrupt power utility has been hiding behind the automatic stay to prevent a resolution.
April 16, 2019
The U.S. Trustee has urged a California bankruptcy court to reject Pacific Gas and Electric Corp.'s request to hire Centerview Partners LLC, saying the investment bank has not provided enough information to prove it has no conflicts of interest in the case.
April 10, 2019
The Federal Energy Regulatory Commission and Pacific Gas and Electric Co. fought before a California bankruptcy judge Wednesday over whether the regulator can enforce power purchase agreements worth potentially $42 billion, with FERC arguing that oversight is needed so PG&E doesn't "bring down the grid."
March 27, 2019
A California bankruptcy judge on Wednesday approved JP Morgan Chase Bank NA and other banks' revised $5.5 billion debtor-in-possession loan to Pacific Gas and Electric over objections from fire victims who argued PG&E's counsel refused to negotiate with them.
March 22, 2019
Victims of a Northern California wildfire allegedly caused by Pacific Gas & Electric have asked a California bankruptcy judge to order the utility to pay out about $9.5 million in property damage settlements they made with PG&E before it filed for bankruptcy protection in January.
March 14, 2019
A California bankruptcy judge must block the Federal Energy Regulatory Commission from having a say over whether Pacific Gas & Electric Co. can ditch power purchase agreements in Chapter 11 in order to protect bankruptcy courts' absolute authority over a core issue of contract rejection, the utility said Wednesday.
March 13, 2019
A California federal bankruptcy judge said Wednesday he's uncomfortable with terms of JP Morgan Chase Bank NA and other banks' proposed $5.5 billion debtor-in-possession loan to electric utility Pacific Gas & Electric, noting that the proposed deal would require him to relinquish control of the proceedings to state regulators if PG&E defaults.
March 11, 2019
A California district judge Monday denied a Federal Energy Regulatory Commission move to take its dispute over whether it can stop Pacific Gas and Electric Co. from tearing up $42 million in power purchase agreements out of bankruptcy court.