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By Edward E. Neiger | August 29, 2019
In this edition of the Bankruptcy Update, Edward E. Neiger focuses on recent bankruptcy filings by Pacific Gas and Electric Company, Imerys Talc America and Insys Therapeutics and their efforts to navigate the intersection of mass tort liabilities and bankruptcy.
6 minute read
By Ross Todd | July 29, 2019
The Ninth Circuit on Monday found that the CPUC's program was preempted by a federal law which requires electric utilities to buy all power produced by alternative energy generators. The decision upholds an earlier ruling by a federal judge in San Francisco.
1 minute read
By Fabiola Sanchez and Joshua Goodman | July 23, 2019
The power in the capital went out Monday afternoon and immediately backed up traffic as stop lights and the subway stopped working during rush hour.
1 minute read
By Ross Todd | July 10, 2019
U.S. District Judge William Alsup, who is overseeing the aftermath of PG&E Corp.'s 2016 safety-related felony conviction, on Wednesday ordered the company to respond "paragraph-by-paragraph" to a Wall Street Journal report claiming that the utility company knew that parts of its transmission system were a potential wildfire hazard.
1 minute read
By Ross Todd | July 10, 2019
U.S. District Judge William Alsup, who is overseeing the aftermath of PG&E Corp.'s 2016 safety-related felony conviction, on Wednesday ordered the company to respond "paragraph-by-paragraph" to a Wall Street Journal report claiming that the utility company knew that parts of its transmission system were a potential wildfire hazard.
1 minute read
By Lidia Dinkova | July 2, 2019
The federal government wants to seize the real estate after the owners pleaded guilty to involvement in the scheme and admitted using illegally obtained funds to buy the homes.
1 minute read
By Eva Talel | July 2, 2019
In her Cooperatives and Condominiums column, Eva Talel discusses New York City's 2019 gas line inspection requirements, the challenges posed by a building-wide gas shutdown, and managing what can be a costly and lengthy gas service restoration process. She also discusses insurance issues and steps which boards and managers can take to prevent and minimize the cost and inconvenience of a gas shutdown and restoration.
1 minute read
By Scott Smith | June 13, 2019
Millions of poor live at the mercy of Venezuela's unstable power grid, but middle- and upper-class residents able to scrape together enough dollars are buying backup generators in an attempt to regain a normal life.
1 minute read
By Jim Saunders | June 7, 2019
The agreement between FPL and the state Office of Public Counsel was filed five days before the scheduled start of a hearing at the Florida Public Service Commission to scrutinize the costs.
1 minute read
By Edward E. Neiger | May 29, 2019
In his Bankruptcy Update, Edward E. Neiger focuses on recent restructurings in the helicopter industry, including Waypoint Leasing, PHI and Bristow Group, as the industry reacts to a years-long drop in oil prices and corresponding reduced demand for aviation services by offshore oil and gas operators.
1 minute read
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