The settlement will help clear the way for the utility to emerge from bankruptcy protection.
News & Analysis: PG&E
The bankrupt utility offered concessions to win over California's governor.
The utility has settled a dispute with a powerful creditor committee, clearing a hurdle in its effort to exit bankruptcy.
The utility's bankruptcy drama played out slowly as the year dragged on.
The bankruptcy court has signed off on some huge settlements that are key to the utility's restructuring plan.
The bankrupt utility says it has a work-around after California's governor objected to its restructuring plan.
California's governor creates a new obstacle to the utility's plan to exit bankruptcy.
Let the speculation begin on how much the shares might be worth when the utility exits bankruptcy.
The utility has a deal that helps ensure it keeps control of its bankruptcy reorganization.
The bankrupt utility is rumored to be near a deal that would preserve its equity value.
A prominent hedge fund manager upped his stake in the bankrupt utility.