Pacific Gas & Electric (PG&E) has warned state lawmakers that it may need to declare bankruptcy or reorganize, depending on its liability for the wildfires that devastated parts of California in October, 2017, a Sacramento CBS affiliate reports.
PG&E Bankruptcy News
News and updates related to PG&E's 2019 Chapter 11 filing
Bankruptcy would be a disaster for workers and consumers The wildfires our state experienced last year were unprecedented destruction and loss of life. To many, myself included, the scope of the damage seemed unimaginable – how, in 2017, could a disaster of that magnitude occur? We are all looking for the causes of the fires… [Read More]