PG&E, the electrical utility threatened by possible liabilities in one of the deadliest wildfires in California history, told regulators Monday that it will seek bankruptcy protection as it grapples with safety improvements and payouts linked to its role in previous blazes.

The power company, which doesn’t expect any interruptions in service during its Chapter 11 proceedings, said it will keep helping victims of the wildfires in 2017 and 2018 while working to rebuild damaged portions of its network and restoring service. Under U.S. law, companies can use a Chapter 11 bankruptcy to reorganize and obtain new financing under court oversight; firms planning to go out of business typically opt for a Chapter 7 liquidation.