Federal judges shepherding the largest corporate bankruptcies in the U.S. are changing how they do business and preparing to use videoconferencing apps as they convene court hearings remotely in an effort to slow down the spread of the novel coronavirus. Judges are conducting bankruptcy hearings by telephone in San Francisco, where California’s largest utility, PG&E Corp, is hammering out a $20 billion financing package to dig itself out of chapter 11. Physical access to bankruptcy courts in New York, Delaware and other...
Source: Wall Street Journal March 20, 2020 19:18 UTC