Utility seeks bankruptcy protection over California fires

  • In this Nov. 10, 2018 file photo, with a downed power utility pole in the foreground, Eric England, right, searches through a friend’s vehicle after the wildfire burned through Paradise, Calif. Facing potentially colossal liabilities over deadly California wildfires, PG&E will file for bankruptcy protection. The announcement Monday, Jan. 14, 2019, follows the resignation of the power company’s chief executive. (AP Photo/Noah Berger, File)

SAN FRANCISCO — The nation’s largest utility said Monday it is filing for Chapter 11 bankruptcy because it faces at least $30 billion in potential damages from lawsuits over the catastrophic wildfires in California in 2017 and 2018 that killed scores of people and destroyed thousands of homes.

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