In the BuzzFeed article “The Nation’s Biggest Utility Has Filed For Bankruptcy After Devastating California Wildfires,” Partner Patrick McNicholas discussed the impact PG&E’s bankruptcy filing will have on pending litigation brought by victims of the 2018 Paradise fire.
“Given the scope of the recent fires, bankruptcy wasn’t unexpected,” said McNicholas. However, he noted that victims should remain confident they’ll be compensated for their losses, and that this could be a turning point for how utilities operate.
“The aviation industry has a culture of safety, which has paid off huge,” he said. “The same thing needs to occur with utilities. For the last three decades, they’ve failed to invest in safety, in upgrading the integrity of their systems.”
The firm’s lawsuits against PG&E, filed along with Frantz Law Group and Bridgford, Gleason & Artinian, were also featured in The Wall Street Journal, The National Law Journal, Forbes, Associated Press, Daily Journal and The Houston Chronicle.