PG&E, the largest electric utility in the state, filed for bankruptcy today. The company was found responsible for starting many of the fires that hit California over the past few years. Now PG&E and its parent company are being sued by thousands of victims, insurers and even some cities. The utility faces billions of dollars in potential liabilities. PG&E says filing for bankruptcy will help it stay in business, and keep the lights on for consumers. But thousands of wildfire victims fear the bankruptcy proceedings will leave them empty-handed.
As PG&E seeks protection from creditors, some who sued PG&E are no longer getting payments