Pacific Gas and Electric Co.’s recent progress with its bankruptcy case appears to have blocked Sen. Scott Wiener’s legislative push for a government takeover of the company — at least for now. Wiener, D-San Francisco, told The Chronicle that his bill, SB917, probably will not move forward this year largely because of a recent deal that resolves a… [Read More]

Victims of wildfires caused by PG&E Corp. are seeking to upend its deal to exit bankruptcy. Two members of the claimants’ committee that represents fire victims in the giant California utility’s chapter 11 case resigned late last month and said they would campaign to defeat the exit plan.

Victims of wildfires blamed on PG&E’s equipment are concerned the sell-off on Wall Street could hobble stock payments that make up half of a $13.5 billion settlement over claims from the blazes, said Robert Julian, an attorney for the victims.