Department Store Century 21 Shutting Down, Blames Insurers September 10, 2020 By Jeremy Hill Century 21 Stores, an iconic New York off-price department store chain, filed for bankruptcy with plans to shut down, becoming...
PG&E Fire Insurance Costs Skyrocket After Bankruptcy, Fires July 31, 2020 By Mark Chediak PG&E Corp. is finding it very costly to buy fire insurance after wildfires triggered by its power lines sent the...
PG&E’s Power Lines Caused Biggest California Fire of 2019 July 17, 2020 By Mark Chediak and Joel Rosenblatt Less than a month after emerging from bankruptcy triggered by a string of devastating wildfires in 2017 and 2018, PG&E...
PG&E Says Bankruptcy Court Approves its Chapter 11 Reorganization Plan June 22, 2020 By Kanishka Singh PG&E Corp said its Chapter 11 reorganization plan has been confirmed by the United States Bankruptcy Court for the Northern...
California Regulator Approves PG&E’s Chapter 11 Reorganization Plan May 29, 2020 PG&E Corp said on Thursday its Chapter 11 reorganization plan has been confirmed by a California power regulator, bringing the...
PG&E Nears End of Bankruptcy Amid Persisting Safety Worries May 28, 2020 By Michael Liedtke BERKELEY, Calif. — limped into bankruptcy vilified for its long-running neglect of a crumbling electrical grid that ignited a succession...
PG&E Judge Rejects Bid to Throw Out Victims’ Bankruptcy Vote May 18, 2020 By Steven Church and Mark Chediak The judge overseeing PG&E Corp.’s bankruptcy rejected an effort by dissident fire victims to upend voting on the California utility’s...
PG&E to Purge Most of its Board in Fallout From Bankruptcy May 4, 2020 By Michael Liedtke BERKELEY, Calif. — PG&E Corp. will sweep out three quarters of its board of directors to start with a mostly...
Apollo, Centerbridge Backed PG&E, Funded Loan to Firm Suing It April 30, 2020 By Mark Chediak and Peter Blumberg Two major investors in PG&E Corp. are also backing a loan to one of the law firms suing the bankrupt...
Viewpoint: Washington Needs to Embrace Its Role as Ultimate Risk Manager April 23, 2020 By Justin Fox The actions that the federal, state and local governments in the U.S. have taken to stop the spread of the...