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Bankruptcy Forms Francis Group Holding Corp Mark Frankel 8417

Bankruptcy Forms Francis Group Holding Corp Mark Frankel 8417

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one major thing to make clear here bankruptcy does not mean that PG&E is going out of business in fact PG&E is using bankruptcy as a way to try to keep itself alive the company says it could be on the hook for 30 billion dollars worth of damage for fires the last two years maybe more money than that PG&E wants protection from the bankruptcy court to figure out a plan to pay that money while also paying for everything else it needs to run its business what does that mean for you if you use PG&E for your power or gas nothing you still got to pay your PG&E bill if you want your power or your gas because PG&E still has that huge monopoly covering most of the territory between Bakersfield and the Oregon border state regulators are talking about maybe breaking that monopoly up one way or another but that's a separate discussion from bankruptcy as for the claims against PG&E for wildfire damage lawyers suing PG&E say bank

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