PG&E Fire Victims Warn Market Turmoil Endangers Their Settlement March 26, 2020 By Mark Chediak Market turmoil from the coronavirus is spilling into the bankruptcy of California power giant PG&E Corp. Victims of wildfires blamed...
PG&E Glides Toward Bankruptcy Exit Now That State Is Focused on Virus March 20, 2020 By Mark Chediak and Jeremy Hill The deepening coronavirus crisis has shifted nearly all attention away from what had been one of California’s most pressing issues:...
PG&E Wins Approval of $23 Billion Bankruptcy Financing Package March 18, 2020 By Mark Chediak and Jeremy Hill PG&E Corp. won bankruptcy court approval to use up to $23 billion in financing after California Governor Gavin Newsom dropped...
Billionaire Sacklers Don’t Deserve Bankruptcy Shield, States Say March 16, 2020 By Erik Larson Two dozen U.S. states urged a bankruptcy judge to let them revive their stalled lawsuits against the billionaire owners of...
Toys ‘R’ Us Creditors Sue Directors and Private-Equity Owners March 16, 2020 By Lauren Coleman-Lochner Toys “R” Us Inc. creditors filed a lawsuit accusing the defunct retailer’s executives and private-equity owners of fraud and breach...
PG&E Agrees to More State Control If It Gets Into Trouble Again March 16, 2020 By Mark Chediak PG&E Corp. said it’s open to a proposal that would let California regulators take greater control of the company if...
PG&E Strikes Deal With FEMA Over $3.9 Billion in Fire Claims March 11, 2020 By Mark Chediak and Steven Church PG&E Corp. reached a deal with the U.S. Federal Emergency Management Agency over $3.9 billion in relief Washington provided after...
Child Abuse Claims Lead Buffalo Diocese into Bankruptcy February 28, 2020 By Olivia Rockeman The Diocese of Buffalo, New York, filed for Chapter 11 bankruptcy protection, citing child abuse lawsuits that resulted in financial...
PG&E Faces Record Fine of $2.1 Billion for Role in Wildfires February 28, 2020 By Mark Chediak California regulators increased penalties against PG&E Corp. to $2.1 billion for violations tied to the catastrophic wildfires ignited by the...
Mallinckrodt Agrees to $1.6 Billion Opioid Settlement, Unit to File Chapter 11 February 25, 2020 By Saumya Joseph Mallinckrodt Plc said on Tuesday its specialty generic unit would file for bankruptcy after agreeing to pay $1.6 billion over...