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Victims of California’s Deadly Wildfire Filed Suit Against PG&E

Victims of California’s Deadly Wildfire Filed Suit Against PG&E $PCG Victims of California’s deadliest wildfire have filed a lawsuit against PG&E Corp (NYSE:PCG) alleging negligence and health and safety code violations by the utility company .....»»

Category: topSource: livetradingnewsNov 14th, 2018

Photos: Northern California hospitals respond to deadly Camp Fire

As California’s most destructive wildfire continues to tear through the northern parts of the state, Sacramento's regional hospitals are pooling resources to support victims of the Camp Fire. The blaze overwhelmed the town of Paradise on Nov. 8.....»»

Category: topSource: bizjournalsNov 12th, 2018

Lawsuit filed against PG&E for California wildfire victims

Lawsuit filed against PG&E for California wildfire victims.....»»

Category: topSource: reutersNov 14th, 2018

Insurers sue California utility over wildfire damages

Several insurance companies have filed lawsuits blaming Pacific Gas & Electric Co. for a deadly California wildfire that destroyed 14,000 homes and triggered billions of dollars in insurance claims......»»

Category: topSource: foxnewsJan 3rd, 2019

California lawsuit against Chinese tech giant raises a thorny question: Can the plaintiffs remain anonymous?

The plaintiffs are a mix of U.S. and Chinese citizens living in California, who filed the suit anonymously because they fear Chinese authorities will seek to punish them or their family members......»»

Category: topSource: washpostApr 19th, 2021

Grocers organization sues Oakland, Montebello over forced pay hikes

The two lawsuits follow a similar suit the California Grocers Assn. filed against Long B.....»»

Category: topSource: latimesFeb 4th, 2021

Is Tesla Checking Out of the Hotel California?

Tesla has filed suit against the county where its U.S. auto assembly plant is located, claiming that county officials have exceeded their authority and should allow the plant to restart operations.........»»

Category: blogSource: 247wallstMay 11th, 2020

Virgin Hotels sues owner of San Francisco hotel

Virgin Hotels sued the owner of its one-year-old hotel in San Francisco's South of Market neighborhood, accusing it of wrongly terminating the company's 20-year contract to manage the hotel. The suit was filed Wednesday in California Superior Court a.....»»

Category: topSource: bizjournalsMay 6th, 2020

Wells Fargo sued over SBA PPP loan processing

Wells Fargo & Co. is being sued by two California companies over how it prioritized processing loan applications for the U.S. Small Business Administration's Paycheck Protection Program. The suit by the two companies, filed in federal court in Los Angeles.....»»

Category: topSource: bizjournalsApr 20th, 2020

Wells Fargo sued over PPP lending

Wells Fargo has been sued by two California companies over how it prioritized processing loan applications for the SBA Paycheck Protection Program. The suit by the two companies, filed April 19 in federal court in Los Angeles, seeks class-action stat.....»»

Category: topSource: bizjournalsApr 20th, 2020

California wildfire victims could become PG&E"s biggest shareholders after a settlement — and assume the financial risk of future fires

Utility company PG&E — deemed responsible for hundreds of lethal wildfires in California — is looking.....»»

Category: topSource: businessinsiderFeb 13th, 2020

California utility wildfire prevention plans call for more blackouts

Plans would build on efforts made last year to reduce the risk of deadly infernos......»»

Category: topSource: foxnewsFeb 8th, 2020

California Fire Victims Could Get Bill From FEMA Over Bankrupt Utility’s $4 Billion Debt

(SAN FRANCISCO) — Federal officials are prepared to bill wildfire victims for a portion of the nearly $4 billion the government says it’s owed.....»»

Category: topSource: timeJan 13th, 2020

PG&E creditors offer California wildfire victims $13.5 billion in cash upfront

PG&E Corp's creditors have sweetened their offer to California wildfire victims, saying they are now prepared to pay $13.5 billion in cash upfront, according to a letter sent on Friday to state governor Gavin Newsom......»»

Category: topSource: reutersDec 21st, 2019

U.S. judge approves PG&E deal with California wildfire victims; stock jumps

A U.S. bankruptcy judge approved on Tuesday PG&E Corp's $13.5 billion settlement with victims of Californian wildfires, and the company's stock rallied as the utility gained momentum to emerge from bankruptcy in June as planned......»»

Category: topSource: reutersDec 17th, 2019

U.S. judge encourages PG&E deal with California wildfire victims; stock jumps

Utility PG&E Corp's $13.5 billion settlement with victims of California wildfires got some encouraging words from a U.S. bankruptcy judge on Tuesday, and the company's stock rallied as it gained momentum to emerge from bankruptcy in June as planned......»»

Category: topSource: reutersDec 17th, 2019

PG&E, fire victims waive deadline for governor"s OK of reorganization plan

California wildfire victims and utility PG&E Corp have agreed to waive a Tuesday deadline for securing approval from the state's governor for the power company's reorganization plan that contains a $13.5 billion settlement for the victims......»»

Category: topSource: reutersDec 17th, 2019

PG&E slumps in premarket trade as California governor objects to plan to exit bankruptcy

Shares of PG&E fell 22% in premarket trade as the governor of California, Gavin Newsom, is demanding changes to the utility's plan to pay wildfire victims and exit bankruptcy. Newsom said the plan doesn't result in a reorganized co.....»»

Category: topSource: marketwatchDec 16th, 2019

Will California Governor Decide Who Wins the Struggle for PG&E?

One of PG&E's major bondholders, Elliott Management, on Thursday issued a response to the company's plan announced last week to compensate wildfire victims......»»

Category: blogSource: 247wallstDec 13th, 2019

PG&E reaches $13.5 billion settlement deal with wildfire victims

Pacific Gas & Electric and lawyers for victims of the 2017 and 2018 Northern California Wildfires agreed to a multibillion-dollar legal settlement......»»

Category: topSource: moneycentralDec 9th, 2019

Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims

California's bankrupt power producer PG&E Corp said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the state's modern history......»»

Category: topSource: reutersDec 7th, 2019