Bondholders Propose Bankruptcy Exit Plan Up to $30B for PG&E June 26, 2019 By Jonathan Stempel A committee of bondholders of PG&E Corp.’s utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up...
AM Best Says Specialty Insurer Exposures to PG&E Bankruptcy Within Risk Appetites February 1, 2019 Specialty companies specifically operating in the utility sector are likely to face substantial claims and losses stemming from the bankruptcy...
PG&E in California Vows to Keep The Lights on Despite Bankruptcy February 1, 2019 By Subrat Patnaik Utility owner PG&E Corp. filed for bankruptcy protection on Tuesday in anticipation of liabilities from California wildfires, including a catastrophic...
PG&E in California Files for Bankruptcy in Wake of Wildfire Liabilities January 29, 2019 By Subrat Patnaik Power provider PG&E Corp. filed for voluntary Chapter 11 bankruptcy protection on Tuesday, succumbing to liabilities stemming from wildfires in...
PG&E Restructuring Highlights California’s Inverse Condemnation Rule January 15, 2019 By Jessica DiNapoli, Mike Spector and Scott DiSavino PG&E Corp.’s chances of emerging from bankruptcy proceedings hinge in part on an arcane California legal rule that threatens to...
$5M in Claims Filed Against Montana Coal Company Include Family of Worker January 3, 2019 The family of a fallen miner is among those in Montana trying to collect more than $5 million from a...
New Jersey Doctor Sentenced for Cheating Medicare, Insurers Out of $3M March 29, 2018 A New Jersey doctor who defrauded Medicare and private insurers out of $3 million has been sentenced to three years...
Settlement Reached in Lawsuit Over Deadly Halloween Hayride in Maine August 11, 2017 By David Sharp The family of a teenager who died in a hayride crash has settled a lawsuit against the farm owner who...
In America’s Richest State, the Capital Flirts with Bankruptcy July 10, 2017 By Martin Z. Braun The hedge-fund enclave of Greenwich, on the Connecticut Gold Coast, is about 100 miles and a world away from the...
Wyoming Hospital Headed for Bankruptcy after Numerous Lawsuits May 23, 2016 A Powell, Wyo. hospital has filed for bankruptcy as it faces about 20 lawsuits over surgeries performed by a former...