In re PG&E Corporation and Pacific Gas and Electric Company

  1. June 19, 2020

    PG&E Bankruptcy Judge Confirms $59B Reorganization

    A U.S. bankruptcy judge on Saturday approved Pacific Gas and Electric Co.'s $59 billion reorganization plan, resolving a turbulent bankruptcy that began when the nation's largest utility sparked a series of wildfires that killed more than 100 people, leveled entire California communities and led it to plead guilty to involuntary manslaughter.

  2. June 08, 2020

    PG&E Rips Objections To $59B Bankruptcy At Trial's Close

    Pacific Gas and Electric Co. slammed objections to its $59 billion Chapter 11 reorganization plan during closing arguments at a bench trial Monday, rebuffing allegations that its wildfire mitigation is inadequate and that wildfire survivors were forced into a part-equity settlement, and urging a U.S. bankruptcy judge to confirm the plan.

  3. June 05, 2020

    PG&E's Share Terms For Fire Survivors Unfair, Judge Told

    Wildfire survivors on Friday urged a California federal judge overseeing Pacific Gas and Electric Co.'s $59 billion chapter 11 reorganization plan to ensure that they don't have to wait years to liquidate the PG&E stock in their wildfire liability settlement, saying PG&E can't give other shareholders better terms.

  4. June 04, 2020

    PG&E Bankruptcy Plan Is 'House Of Cards,' Objectors Warn

    Pacific Gas and Electric Co.'s $59 billion Chapter 11 reorganization plan does not adequately mitigate wildfire risks or prioritize wildfire survivors, challengers to the plan told a U.S. bankruptcy judge during a bench trial Thursday, calling the plan a "house of cards" that should not be confirmed.

  5. June 03, 2020

    PG&E Warns Of 'Draconian' Results If Bankruptcy Plan Denied

    Pacific Gas and Electric Co. urged a U.S. bankruptcy judge to confirm its $58 billion reorganization plan during a bench trial Wednesday, slamming an objector's allegations of a potential conflict of interest as "absolutely preposterous" and warning of "draconian" results for wildfire victims if the plan is not confirmed.

  6. May 27, 2020

    PG&E's $58B Ch. 11 Confirmation Enters Final Stretch

    A bench trial on whether to confirm Pacific Gas and Electric Co.'s $58 billion bankruptcy reorganization plan kicked off Wednesday with opponents raising questions about a possible conflict of interest by the consulting firm that solicited fire survivors' votes on the proposal.

  7. May 21, 2020

    CPUC Vote On PG&E Bankruptcy Delayed As Ratepayers Rail

    The California Public Utilities Commission heard Thursday from Pacific Gas and Electric Co. customers urging it to reject the utility's bankruptcy plan, but the agency delayed its scheduled vote on the plan due to an outside communication it received during a mandated quiet period ahead of its decision.

  8. May 18, 2020

    PG&E Says Fire Victims Overwhelmingly OK Bankruptcy Plan

    Pacific Gas and Electric Co. said preliminary results Monday indicate that survivors of Northern California wildfires sparked by the utility's equipment overwhelmingly voted to approve its reorganization plan, which includes a $13.5 billion trust for fire victims, clearing one of the final hurdles for it to emerge from bankruptcy.

  9. May 15, 2020

    PG&E Judge Won't Disturb Fire Survivors' Ch. 11 Votes

    The federal judge overseeing Pacific Gas and Electric Co.'s bankruptcy rejected Friday an effort to throw out some fire survivors' votes on the utility's Chapter 11 reorganization plan, ruling that a wildfire attorney accused of concealing a conflict of interest from his clients did not violate bankruptcy laws.

  10. May 12, 2020

    PG&E Fire Survivors' Atty Didn't Disclose Conflict, Judge Told

    An attorney representing 16,000 Northern California wildfire survivors in Pacific Gas and Electric Co.'s bankruptcy didn't properly disclose a potential conflict of interest that may have impacted negotiations toward a $13.5 billion settlement, a wildfire survivor told a U.S. bankruptcy judge Tuesday.