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...
2nd Circuit Throws Out $64 Million Jury Award Against Fireman’s Fund April 29, 2020 By Jim Sams A federal appellate court on Tuesday overturned a jury’s award of $64 million against Fireman’s Fund Insurance Co. for allegedly...
Bayer Takes Tough Stance In Glyphosate Settlement Talks Due To Downturn April 27, 2020 By Ludwig Burger and Patricia Weiss FRANKFURT — Bayer said the economic downturn and the need to preserve cash means it is taking a tougher stance...
10 Years After BP Spill: Oil Drilled Deeper; Rules Relaxed April 20, 2020 By Kevin McGill and Matthew Brown NEW ORLEANS — Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the...
PG&E Fire Victims Again Seek Payout Guarantee Amid Virus Tumult April 17, 2020 By Joel Rosenblatt and Mark Chediak Victims counting on PG&E Corp.’s bankruptcy to compensate them for their losses in California wildfires are making a last-ditch effort...
Tesla Can’t Duck Lawsuit Over Musk’s Take-Private Tweet April 16, 2020 By Joel Rosenblatt Tesla Inc. must face an investor lawsuit over Elon Musk’s notorious 2018 tweet about taking the electric car maker private....
Judge Refuses to Approve Fire Victims Letter Attacking PG&E April 9, 2020 By Michael Liedtke BERKELEY, Calif. — A federal judge has refused to put his stamp of approval on a letter to Northern California...
PG&E Victims Lawyers’ Squabble Could Slow Bankruptcy Exit April 7, 2020 By Mark Chediak PG&E Corp.’s glide toward approval of its bankruptcy plan has hit new turbulence, with lawyers for fire victims clashing over...
West Virginia Governor’s Coal Companies to Pay $5 Million In Fines April 3, 2020 By Anthony Izaguirre CHARLESTON, W.Va. — Billionaire West Virginia Gov. Jim Justice’s coal companies have agreed to pay more than $5 million for...
Judge Dismisses Chemours Lawsuit Against Dupont April 1, 2020 By Randall Chase DOVER, Del. — A Delaware judge has granted the DuPont Co.’s request to dismiss a lawsuit alleging that it massively...