Pacific Gas and Electric (PG&E)
As a result of the 2017 and 2018 wildfires in California, Pacific Gas and Electric decided to file for bankruptcy on the 29th of January in 2019. However, it still hoped to get the approval for $235 million in employee bonuses. California’s Senator Jerry Hill said, “$235 million would go a long way to support the victims of last year’s wildfires.” The filing placed the wildfire victims and creditors in limbo, so this does not very fair!
Things Remembered
Will things remembered become things forgotten? Even though it filed for bankruptcy on the 6th of February in 2019, you will still be able to buy personalized keepsakes if you want. The company was acquired by Enesco in March 2019! We are happy to hear that the following will retain its original name: direct mail, B2B retail operations, online businesses, and 176 locations.