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Rising from the Ashes: How PG&E's Bankruptcy Threatens the Energy Sector and California's Progress on Climate Change

Alert February 4, 2019

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  • Rising from the Ashes How PGEs Bankruptcy Threatens the Energy Sector and Californias Progress on Climate Change

Rising from the Ashes: How PG&E's Bankruptcy Threatens the Energy Sector and California's Progress on Climate Change

February 4, 2019, Covington Alert

With potential liabilities in excess of $30 billion stemming from a series of deadly wildfires that ignited across Northern California in 2017 and 2018, Pacific Gas and Electric Company and its holding company PG&E Corp. (PG&E) filed for Chapter 11 relief in the United States Bankruptcy Court for the Northern District of California on Tuesday.

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