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News

After Paradise

Facing Lawsuits By The Dozen, PG&E Pursues Bankruptcy

Published January 17, 2019 at 4:56 PM PST

On Monday PG&E announced its intention to file for Chapter 11 bankruptcy protection. The company faces multiple lawsuits over the Camp Fire and other fires from both 2017 AND 2018. In a statement, it said bankruptcy was necessary to continue safe delivery of gas and electricity to its customers. NSPR’s Tess Vigeland spoke with reporter George Avalos of the San Jose Mercury News, who’s been following PG&E’s finances.