U.S. Bankruptcy Court Archives

City of San Bernardino Exits Decade-Long Bankruptcy By Posting $2.5 Million Surplus

September 14, 2022 5:30 amSeptember 13, 2022 8:01 pm

The city of San Bernardino exited it’s bankrupt status on Tuesday following over a decade of facing severe revenue and cash shortages. On August 1, 2012, San Bernardino filed for bankruptcy following posting a $45 million shortage of revenue and...

State Judge Rules Drug Companies Not Liable For Opioid Epidemic in California

November 2, 2021 4:51 pmNovember 4, 2021 7:30 am

Orange County Superior Court Judge Peter Wilson gave a tentative ruling on Monday finding that multiple drug companies, including Purdue Pharmaceuticals, Johnson & Johnson, AbbVie and other large drug companies not guilty for helping supply the U.S. opioid epidemic. Originally...

PG&E To Pay Camp Fire Victims $13.5 Billion and Plead Guilty to 84 Counts of Involuntary Manslaughter

March 24, 2020 6:31 amMarch 25, 2020 11:32 am

On Monday, Pacific Gas and Electric plead guilty to 84 counts of involuntary manslaughter and one count of unlawfully starting the 2018 Camp Fire. One count for each victim PG&E also agreed to pay victims of the 2018 Camp Fire,...