PG&E Corporation and Pacific Gas and Electric Company (together “PG&E”) announced today that the United States Bankruptcy Court for the Northern District of California has confirmed the company’s Chapter 11 Plan of Reorganization (the Plan). This follows the California Public Utilities Commission’s approval of the Plan on May 28, 2020. “Today’s ruling in the Chapter… Continue reading PG&E Achieves Bankruptcy Court Confirmation of its Plan of Reorganization
Tag: PG&E bankruptcy deal
FEMA Reassures California Wildfire Survivors
The Federal Emergency Management Agency (FEMA) is assuring survivors of recent Northern California fires that financial assistance they received will not be taken back as part of the Pacific Gas and Electric Co. bankruptcy settlement negotiations. FEMA Region 9 Administrator Robert Fenton wrote an open letter addressed to wildfire victims that said FEMA and the… Continue reading FEMA Reassures California Wildfire Survivors