PG&E Bankruptcy News
News and updates related to PG&E's 2019 Chapter 11 filing
In a major development in the PG&E bankruptcy case, and a significant move to help protect our membership, IBEW 1245 has secured a spot on the unsecured creditors committee. In order to increase creditor participation, section 1102 of the Bankruptcy Code requires that the United States Trustee appoint a committee of unsecured creditors as soon… [Read More]
Less than a month into the California utility’s bankruptcy, various players are trying to shape the company’s future. Here are three big questions facing it.
PG&E took steps in its first day filings to ensure that its employees continue to receive their wages and benefits. Nonetheless, PG&E employees also must have a voice in the future of PG&E as it emerges from these proceedings. From engineers to electrical workers to the men and women working around the clock to fire… [Read More]
In a letter sent to the trustee in PG&E’s bankruptcy proceeding today, the Newsom Administration asked the court to ensure that wildfire survivors, PG&E employees, and customers have strong representation inside the bankruptcy courtroom.
Tom Dalzell, business manager of International Brotherhood of Electrical Workers Local 1245 — which represents approximately 17,000 PG&E employees and contractors — said the union does not support breaking up and selling the utility or making it city-owned. He said the union opposed San Francisco’s efforts to create a municipal utility in 2001 and 2003,… [Read More]
The “first day motions” were argued in bankruptcy court and ruled on. The two that are most important to us are in the first bullet and we prevailed on both. Our bankruptcy counsel was in court all day involved with the motions. Most importantly, the cash management and wage and benefits motions were granted on… [Read More]
Pacific Gas and Electric Co.’s 24,000 employees don’t know what the company will look like when it emerges from its complex bankruptcy reorganization, a process it started Tuesday, but the largest worker union says it will oppose efforts to break up the business or make it publicly owned.
In response to PG&E’s Chapter 11 filing on Jan. 29, 2019, IBEW 1245 Business Manager Tom Dalzell issued the following statement: “At this point, we do not know exactly what the utility will look like once it emerges from bankruptcy. However, we remain fully committed to protecting our members’ jobs, as well as the wages… [Read More]