As the Pacific Palisades burned during an unprecedented firestorm on Jan. 7, 2025, and the following days, concerns ...

Investor sentiment will continue to be shaped by litigation outcomes, regulatory developments, and future credit rating ...

Some residents in the San Fernando Valley have reported an “earthy odor” coming from their drinking water, but officials say the cause of the smell is not harmful. In a statement issued ...

The lawsuit, filed against the LADWP, focuses on empty reservoirs in the Palisades at the time of the fire and alleges that ...

Two federal judges who lost their Pacific Palisades homes in the January firestorm have joined neighbors suing the Los ...

The very next morning, the retail order period began for a $990 million debt issuance to fund the Los Angeles Department of Water and Power (LADWP), the municipal bond issuer who arguably will be ...

All four rating agencies cited lawsuit risk as a concern for LADWP. The utility's power system sustained $78 million in damage, which could have been worse if 50% of the lines there weren't buried ...

But in multiple interviews with the Los Angeles Department of Water and Power, officials maintain they ... "We had plenty of water," said LADWP CEO and Chief Engineer Janisse Quiñones.

The suit focuses on the lack of water in the Palisades, alleging that two reservoirs key to public use in the area were not full, and claims that the LADWP left overhead power lines energized ...

Lawsuits claiming the LADWP failed to keep a reservoir filled or maintain water equipment were cited in KBRA's downgrade of its water system's revenue bonds.