U.S. bankruptcy court News

The owner of a Philadelphia refinery that was shut down after a June 2019 explosion secured at least $93 million in additional coverage from its insurers after a U.S. Bankruptcy Court judge ruled in favor of the policyholders’ interpretation of …

PG&E Corp. shares jumped after the company outlined plans to overhaul its board of directors, bring in safety experts and create regional operating units in a broad reorganization proposal aimed at winning state approval for its bankruptcy exit. PG&E detailed …