PG&E Judge Says Bankrupt Utility Violated Probation Terms February 20, 2020 By Joel Rosenblatt The federal judge overseeing PG&E Corp.’s criminal probation lashed out at the company for falling “far behind” on fire safety...
Sex Abuse Claims Drive Boy Scouts of America to Bankruptcy February 18, 2020 By Rick Green The Boy Scouts of America sought bankruptcy protection to cope with a rising tide of claims tied to sexual abuse...
Small Businesses Caught in Crosshairs of Sears Bankruptcy February 12, 2020 By Olivia Raimonde The estate of Sears Holding Corp. is trying to take back payments it made to vendors – many of them...
Traditional Ways of Paying for Fires and Floods Aren’t Cutting It February 11, 2020 By Will Wade and Mark Chediak Fires and floods are sending some of the nation’s largest utilities to the bond market to cover huge, unexpected bills....
Fire-Damaged Philadelphia Oil Refinery Heads for Auction January 17, 2020 By Laila Kearney NEW YORK — The fate of the largest East Coast oil refinery is set to be decided on Friday in...
PG&E Judge Demands Details on Potential Wildfire Payout Conflict January 16, 2020 By Steven Church Time is running out for PG&E Corp. to end the biggest-ever U.S. utility bankruptcy, so the company must set reorganization...
PG&E Nearing Deal With Pimco, Elliott on Restructuring Plan January 15, 2020 By Scott Deveau and Steven Church PG&E Corp. is nearing a deal with a group of bondholders led by Pacific Investment Management Co. and Elliott Management...
FEMA Defends $4 Billion Claim With PG&E as Fire Victims Cry Foul January 14, 2020 By Mark Chediak The Federal Emergency Management Agency on Monday defended its push to collect $3.9 billion in claims from PG&E Corp. for...
PG&E Fire Victims Fight FEMA Over Multibillion-Dollar Payout January 10, 2020 By Mark Chediak and Steven Church Victims of wildfires blamed on PG&E Corp.’s power lines and government agencies that provided them disaster relief are tussling over...
‘Clubby’ Culture Helped Push Indiana Trucking Firm into Ruin January 7, 2020 By Greg Andrews INDIANAPOLIS — Here’s something you can be sure Franklin College won’t be highlighting in its student-recruitment marketing: All three of...