PG&E Corporation

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Case overview

Case Number:

3:19-bk-30088

Court:

California Northern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

June 18, 2019
$1B Deal Reached Over Claims PG&E's Gear Caused Wildfires

A group of 14 California municipal agencies announced Tuesday they have reached a $1 billion settlement of their claims against Pacific Gas and Electric Co. for expenses racked up from years of wildfires blamed on the utility's equipment.
June 11, 2019
MoFo Tapped To Defend PG&E In Wildfire Investigations

A California federal bankruptcy judge on Tuesday approved Pacific Gas and Electric Co.'s retention of Morrison & Foerster LLP as special regulatory counsel to defend against ongoing wildfire investigations and regulatory enforcement actions brought by the California Public Utilities Commission.
June 10, 2019
FERC Rebuke Won't Be Last Word In PG&E Power Deals Fight

A bankruptcy judge's smackdown of the Federal Energy Regulatory Commission's bid to weigh in on whether Pacific Gas & Electric Co. can shed $42 billion worth of power purchase agreements in Chapter 11 tees up another battle in the war over whether the agency or the court gets to determine the fate of such contracts.
June 09, 2019
FERC Has No Say Over PG&E Contracts In Ch. 11, Judge Says

A California bankruptcy judge has ruled the Federal Energy Regulatory Commission has no say over whether Pacific Gas & Electric Co. can cancel $42 billion in electric contracts as part of its Chapter 11 case, saying the commission's attempt to gain influence in the case amounted to a "power play."
May 29, 2019
Judge Rejects Call For Ratepayer Committee In PG&E Ch. 11

A California bankruptcy judge has rejected a consumer group's request to appoint a committee to represent PG&E Corp. ratepayers in the utility's Chapter 11 case, saying they don't have claims against the company that need protecting.
May 22, 2019
PG&E To Pay $100M To Wildfire Victims, Ch. 11 Plan Delayed

A California bankruptcy judge Wednesday granted Pacific Gas and Electric's request to pay $100 million into a fund to assist with the urgent needs of California wildfire victims and granted the company a four-month extension to file its Chapter 11 plan.
May 17, 2019
The Law Firms Making Millions Off The PG&E Cases

The nation's largest utility company, Pacific Gas and Electric, has paid at least $89 million in the past year in legal fees to firms directly involved with its bankruptcy, civil, criminal and regulatory cases stemming from California wildfires — and the vast majority of that sum has gone to Cravath Swaine & Moore LLP.
May 16, 2019
Calif. Gov., Fire Victims Slam PG&E's Request To Delay Ch. 11

California wildfire victims and California Gov. Gavin Newsom are urging a California bankruptcy judge to deny Pacific Gas and Electric Co.'s request for more time to file its Chapter 11 plan, calling the bid for a six-month extension a stall tactic.
May 07, 2019
Alsup Says PG&E Board Must Tour Wildfire Devastation

U.S. District Judge William Alsup said Tuesday he'll order Pacific Gas and Electric Co.'s board to tour the destruction from a devastating wildfire it's suspected of causing in Butte County, California, as part of its sentence for violating probation, adding that he and attorneys may join them on the tour.
May 03, 2019
Customer Group Wants Ratepayer Committee In PG&E Ch. 11

A consumer group is seeking to have a ratepayer committee appointed in the PG&E Corp. bankruptcy, saying despite the objections of the company, its unsecured creditors and the U.S. Trustee's Office that the utility's customers need representation in the case.

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