Confused about PG&E’s bankruptcy? Here’s what you need to know

Confused about PG&E’s bankruptcy? Here’s what you need to know

4 years ago
Anonymous $yQ5BfQaAxy

https://www.mercurynews.com/2020/01/23/confused-about-pges-bankruptcy-heres-what-you-need-to-know/

It’s been almost a year since Pacific Gas & Electric Co. filed for bankruptcy protection. And the clock is ticking for California’s largest utility to come up with a bankruptcy exit plan that will satisfy key groups with a stake in its reorganization — shareholders, bondholders, employees, retirees, state officials and victims of fires linked to its electrical equipment.

Here’s a quick look at how PG&E got here, the latest developments and what lies ahead.