PG&E Corporation

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Case overview

Case Number:

3:19-bk-30088

Court:

California Northern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

January 24, 2024
PG&E Judge Voices 'Frustration' At Atty Arguing Counsel Bid

A California judge overseeing PG&E's bankruptcy voiced "frustration" at a hearing Wednesday over investors' arguments on a motion to appoint interim lead counsel in a parallel securities suit, telling the plaintiffs' attorney he was "going around in circles" answering questions on how the class action procedures interact with the bankruptcy process.
October 17, 2023
PG&E Investors Want Securities Claims Out Of Ch. 11 Court

A California bankruptcy judge told a proposed investor class suing PG&E Corp. that he's surprised they might ask a district judge to rule on their claims rather than litigate it in bankruptcy court, but joked Tuesday he'd send the district judge "a bottle of his favorite wine" to take the case.
February 13, 2023
McKinsey Inks $25M Settlement Deal With PG&E Victims Trust

McKinsey & Co. has agreed to pay $25 million to the bankruptcy trust for Pacific Gas and Electric Co. wildfire victims to resolve potential claims against the management consulting firm stemming from work it did for the utility, and what fire officials called the most destructive fire in California history.
October 07, 2022
BakerHostetler Accused Of Fraud, Jones Asks For New Hire

Alliance Health's liquidating trustee alleges a law firm helped a $100 million fraud scheme, the Alex Jones-controlled Free Speech Systems needs a new leader, and satellite operator Intelsat SA escapes from a $400 million contract dispute. This is the week in bankruptcy.
September 29, 2022
PG&E Trust Inks $117M Deal For Calif. Wildfire Victims

The PG&E Fire Victim Trust announced Thursday it reached a $117 million settlement resolving claims accusing PG&E's former officers and directors of failing to ensure precautions were in place that could have prevented two deadly California wildfires or lessened the extensive damage.
September 13, 2022
'Sins Of Girardi' Shouldn't Taint PG&E Bankruptcy, Judge Says

A California bankruptcy judge聽on Tuesday ordered PG&E fire victims' trustee to respond to a pro se plaintiff's discovery bid into JAMS mediators' neutrality, but he doubted the plaintiff's "very broad brush" allegations that disgraced lawyer Tom Girardi influenced the proceedings and warned the "sins of Girardi" shouldn't taint the case.
March 30, 2022
9th Circ. Won't Revive PG&E Ch. 11 Plan Appeal

The Ninth Circuit on Tuesday refused to revive an appeal of Pacific Gas and Electric Co.'s Chapter 11 plan, saying the entities seeking the appeal never asked to pause the implementation of the bankruptcy plan and undoing that plan now wouldn't be fair to other creditors.
January 25, 2022
Alsup Lambasts PG&E's 'Crime Spree' As Probation Ends

U.S. District Judge William Alsup offered final comments on Pacific Gas & Electric Corp.'s likelihood of recidivism as the investor-owned utility's criminal probation expired Tuesday, writing in a filing that PG&E will likely continue its "crime spree" due to "systemic problems," and that he regrets not doing more.
April 20, 2021
PG&E Judge Rejects Fire Victims Trustee's 'Forum Shopping'

A U.S. bankruptcy judge denied a bid by the trustee for victims of deadly California wildfires to remand to state court an action seeking to participate in PG&E and its insurers' arbitration talks over liability coverage for PG&E's former executives, saying Tuesday the bid "smacks of forum shopping."
February 08, 2021
Appeal Of PG&E Ch. 11 Plan Tossed Over Stay Failure

A California federal judge dismissed an appeal of聽PG&E's Chapter 11 plan, saying Monday the entities seeking the appeal never asked for a stay of the implementation of the plan last summer and unwinding the plan now would unfairly impact other creditors.

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