So if they can’t file bankruptcy, $PCG goes down 16%? Not sure how this works anymore.
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Into and Out of and Back Into Bankruptcy Court: A PG&E TimelineA timeline of major events in PG&E's corporate history from 2001, when it first filed for Chapter 11 bankruptcy protection, through Tuesday, when the company began the reorganization process again. Companies that file bankruptcy should NOT be allowed to continue under the same name after the fact.
Source: NPR - 🏆 96. / 63 Read more »
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 »
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 »