PG&E Corp Files For Chapter 11 Bankruptcy Protection
1/29/2019 4:51 AM EST
(Reuters) – Power provider PG&E Corp filed for voluntary Chapter 11 bankruptcy protection on Tuesday, succumbing to liabilities stemming from wildfires in Northern California in 2017 and 2018.
PG&E also filed a motion seeking court approval for a $5.5 billion in debtor-in-possession (DIP) financing....
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