Chapter 11 bankruptcy
PG&E scored major wins in its effort to emerge from Chapter 11 bankruptcy with its shareholders still in control of the utility.
Wildfire victims and California Gov. Gavin Newsom challenged PG&E’s proposed $11 billion settlement with insurance companies that are seeking reimbursement.
A judge approved FirstEnergy Solutions’ reorganization plan after the company reached a settlement to preserve union contracts at two nuclear plants.
The judge overseeing the PG&E (NYSE:PCG) bankruptcy will consider 2 reorganization plans: one from the company and one by bondholders and wildfire victims.
A U.S. bankruptcy judge stalled FirstEnergy Solutions’ reorganization plan over unresolved contract disputes at its Perry and Beaver Valley nuclear plants.
A lawyer who filed a $30 billion plan by bondholders to bump PG&E (NYSE:PCG) out of bankruptcy urged the utility and the bankruptcy court to keep moving.
Bankruptcy Court Judge Dennis Montali certified his decision rejecting FERC's authority over PG&E's wholesale PPAs for direct appeal to the 9th Circuit.
The federal judge overseeing PG&E’s bankruptcy case ruled that he retains sole oversight of PPAs the utility has said it may seek to reject.
The federal judge overseeing PG&E Corp.’s bankruptcy case gave the company four more months to come up with a Chapter 11 reorganization plan.
PG&E Corp. came under criticism from a federal judge, who ordered its new CEO and board members to view the scene of the devastating Camp Fire.
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