PG&E Emerges From Bankruptcy | Davis Polk & Wardwell LLP: Davis Polk is advising the administrative agent under Pacific Gas and Electric Company’s (the “Utility’s”) $3.0 billion prepetition revolving credit facility in connection with its historic bankruptcy proceeding. On January 29, 2019, the Utility and its parent, PG&E Corp., filed chapter 11 cases before the United States Bankruptcy Court for the Northern District of California.
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