pdf

The How, What and Why of a Potential PG&E Bankruptcy

January 15, 2019

In this co-authored article in the New York Law Journal, O’Melveny partners John J. Rapisardi and Daniel Shamah address the question, “what would a PG&E bankruptcy look like?” The article examines the legal and regulatory issues facing PG&E as well as the complications the corporation would face in a potential second bankruptcy.

“PG&E must navigate through a challenging legal and regulatory environment to move its business forward. Whether its likely bankruptcy filing at the end of January would resolve PG&E’s needs to solve the recurring problems caused by wildfires remains an open question. Parties with an interest in PG&E will have to carefully monitor and assess events as they continue to unfold in the near future.”