Bankruptcy

California Wildfire

PG&E Promises to Keep the Lights on After Declaring Chapter 11 Bankruptcy

Pacific Gas and Electric has declared Chapter 11 bankruptcy in the face of "actual and potential" liability.

January 29, 2019 - San Francisco Chronicle

Northern California Wilidfires

California's Largest Utility Files Chapter 11 Bankruptcy

PG&E announced that it is filing for Chapter 11 bankruptcy, facing $30 billion in liability after two years of catastrophic wildfires in the state of California.

January 15, 2019 - The Mercury News

End of the rainbow

What's Behind the Removal of Public-Private Partnerships from Trump's Infrastructure Plan?

Partnering with the private sector carries risks. Witness the mess that followed the selection of a private firm to build an interstate in Indiana in 2014 that Vice President Mike Pence should have prevented in his prior position as governor.

October 4, 2017 - The Indianapolis Star

Detroit - Renaissance Center

Detroit Still a Long Way from Recovery

It's fun to write miracle comeback stories, but the epic of Detroit's resurgence has been exaggerated, according to an article in The Conversation.

March 3, 2017 - The Conversation

Coal Railroad

Why the Sierra Club Owns a $2.2 Billion Coal Reserve

Through a series of legal maneuvers associated with a coal giant's bankruptcy, the Sierra Club made good on a conservation opportunity worth $2.2 billion and weighing 53 million tons.

July 29, 2016 - Slate

San Francisco's Yellow Cab to File for Bankruptcy

San Francisco's largest cab company is planning to file for bankruptcy very soon. The competition from transportation network companies is forcing the company, and likely the industry, to completely restructure.

January 7, 2016 - San Francisco Examiner

Detroit - Renaissance Center

Lessons from Masterminds of Detroit's Rebirth

The enthusiasm of Detroit's new civic leadership, who engineered its bankruptcy and set up its recovery, is infectious. How the city will ultimately fare, and how other troubled cities learn from Detroit's mistakes, remains to be seen.

April 29, 2015 - Josh Stephens

Bike-Share Operator Bixi Files for Bankruptcy

With debts in excess of $30 million owed to the city of Montreal, and unhappy customers in New York City and Chicago refusing to pay for outstanding bills, the Bixi bike-share company has been forced to file for bankruptcy protection.

January 21, 2014 - The Montreal Gazette

Judge Allows Detroit Bankruptcy to Proceed

U.S. Bankruptcy Judge Steven Rhodes ruled today that the city of Detroit is eligible for bankruptcy protection, allowing the city to proceed with the largest municipal bankruptcy in U.S. history. Public employee unions are expected to appeal.

December 3, 2013 - Detroit Free Press

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