Companies that file bankruptcy should NOT be allowed to continue under the same name after the fact.
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California Power Provider PG&E Files For Bankruptcy In Wake Of Fire LawsuitsThe utility is facing billions of dollars in legal liability for fires caused by its equipment. PG&E filed for Chapter 11 bankruptcy, which would let it restructure its debts. Trump, smart? See it wasn’t climate change that started the fire This will be their next reason for raising rates. Figures.
Source: NPR - 🏆 96. / 63 Read more »