While a Utility May Be Failing, Its Owner Is Not: “In California, some creditors of Pacific Gas and Electric have signaled that they will want the bankruptcy court in San Francisco to review parent PG& E’s efforts to keep its unregulated businesses out of creditors’ reach. And the California Public Utilities Commission is investigating whether PG& E and Edison International, whose Southern California Edison utility unit is also near insolvency, have improperly transferred cash to their parents and to unregulated sister companies.”