PG&E, facing colossal liability, seeks bankruptcy protection

Facing potentially colossal liabilities over deadly California wildfires, PG&E will file for bankruptcy protection. The announcement Monday follows the resignation of the power company's chief executive a day earlier. PG&E said Monday that it's given the required 15-day advance notice that it plans to file for Ch. 11 bankruptcy protection. The company has already been blamed by state fire investigators for wildfires that broke out in October 2017. Path to Full Story on 29 Eyewitness News

Posted: Monday Jan-14-2019 6:00 AM

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