Oil Company California Resources Corp Files For Chapter 11 Bankruptcy ProtectionOne of the state's major oil companies said it has filed for Chapter 11 bankruptcy protection as part of an agreement with creditors to restructure $5 billion in debt.
After Losses From Looting Memorial Day Weekend, Kicx Unlimited May File For BankruptcyA businessman who deals in sneakers wants his money back after a consignment of shoes were stolen during looting at the end of May.
24 Hour Fitness Gyms In Carmichael, Manteca And Stockton To Close Permanently Amid BankruptcyNational gym chain 24 Hour Fitness has filed for bankruptcy after the coronavirus pandemic forced its facilities shut for months.
PG&E Overhauls Its Board Again As Part Of Bankruptcy PromisePacific Gas and Electric on Wednesday announced the latest overhaul of its board of directors in another step toward the nation's largest utility ending its bankruptcy.
Regulators Approve PG&E Bankruptcy Plan Despite Safety FearsCalifornia power regulators are mulling whether to approve Pacific Gas & Electric's $58 billion plan for getting out of a bankruptcy caused by in a series of deadly wildfires.
PG&E's Bankruptcy Plan Wins Support From Wildfire VictimsPacific Gas & Electric's plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility's fraying electrical grid, despite concerns that they will be shortchanged by a $13.5 billion fund that's supposed to cover their losses.
PG&E's Bankruptcy Plan Strides Toward Approval In CaliforniaCalifornia regulators are being advised to approve Pacific Gas & Electric's plan to emerge from bankruptcy with new controls designed to prevent a recurrence of the utility's past bad behavior that has resulted in deadly wildfires, infuriating blackouts and high electricity rates.
PG&E: Wildfire Victims Backing Bankruptcy Plan So FarA Pacific Gas & Electric lawyer told a federal judge that the beleaguered company's plan for getting out of bankruptcy is winning support from the victims of Northern California wildfires ignited by the utility's crumbling equipment, despite concerns they will be shortchanged in a $13.5 billion settlement.
PG&E Says It Has Settled One Battle Involving Wildfire FundThe resolution disclosed could remove a major stumbling block as PG&E scrambles to meet a June 30 deadline to emerge from bankruptcy.
California Wildfire Victims Fear They'll Be Last In PayoutA $13.5 billion settlement between victims of California's catastrophic wildfires and the utility blamed for causing them was supposed to bring some peace and hope to people still reeling from the devastation.
Pier 1 Files For BankruptcyPier 1, the troubled home furnishings retailer that has closed hundreds of stores in recent years, filed for bankruptcy Monday.
McClatchy, Publisher Of The Sacramento Bee And Other Newspapers, Files For Bankruptcy ProtectionThe publisher of the Sacramento Bee, the Miami Herald and dozens of other newspapers across the country is filing for bankruptcy protection.
PG&E Clears Another Bankruptcy Hurdle With Debt RefinancingA federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy.
Pier 1 Imports Will Close Up To 450 StoresPier 1 Imports will close nearly half of its stores and is reportedly nearing a bankruptcy filing.
PG&E Urges Judge To Approve Key Settlement, Faces ResistancePacific Gas & Electric on Wednesday urged a federal bankruptcy judge to approve a key insurance settlement as it struggles to regain its financial footing and cover at least $20 billion in losses stemming from catastrophic wildfires in California tied to its equipment.