2 ms·
Chapter 7 (liquidation) or Chapter 11 (restructuring) of Title 11 U.S.C. are possible options.
by mrleiter 8y ago
Chapter 7 (liquidation) or Chapter 11 (restructuring) of Title 11 U.S.C. are possible options.
- koboll 8y agoThis exactly is what's likely to happen. Note also: PG&E is already being sued for allegedly causing last fall's devastating fires in northern California. That plus damages for this year's fires is very likely to force them into bankruptcy. Hence a plunging stock price as everyone rushes to get out while they still can.