Tag: bankruptcy

Report: Bankruptcy legal costs reach $84 million for PG&E

Legal costs associated with Northern California wildfires and a natural gas explosion total $84 million, based on a January bankruptcy filing, according to court filings reviewed by The Recorder. “Four outside law firms have billed Pacific Gas and… Read More

Amid forest fire claims, PG&E files for bankruptcy

Pacific Gas and Electric Corp has filed for bankruptcy, a legal proceeding that could deny forest fire victims compensation. “California’s largest utility, facing up to $30 billion in potential liability for recent California wildfires, filed for Chapter 11… Read More