bondholders News

One Wildfire Metric Threatens to Upend PG&E’s Restructuring Plan

PG&E Corp. investors looking to learn their fate may not get the answer from the bankrupt power company. Instead, the key data point could pop up within days on the website of California’s forestry service. That’s where firefighters are tracking …

PG&E Took 8 Months to Prune a Tree at Risk of Catching Fire

It was on July 12 — only after an inspector raised the alarm — that PG&E Corp. finally pruned a tree in a fire-prone area. Its leaves had already been singed as wind gusts blew them into a power line …

PG&E Says It Will File Reorganization Plan in Less Than a Month

PG&E Corp. says it expects to file its plan for reorganization with the bankruptcy court by Sept. 9 and sees emerging from Chapter 11 protection by May 1, according to a filing Monday. The bankrupt utility says in the filing …

Insurers Offer Competing Plan to Rescue PG&E from Bankruptcy

SAN FRANCISCO — Insurance companies contending that Pacific Gas & Electric owes them more than $20 billion from wildfire claims want to take over the California utility and pull it out of bankruptcy. The insurers filed court documents Tuesday to …