Judge: Court Will Consider Rival Proposal for PG&E Reorganization

Credit to Author: Darrell Proctor| Date: Thu, 10 Oct 2019 01:00:21 +0000

The post Judge: Court Will Consider Rival Proposal for PG&E Reorganization appeared first on POWER Magazine.

A federal bankruptcy judge on Oct. 9 ruled that Pacific Gas & Electric (PG&E), California’s largest utility, does not have the sole right to determine the terms of its reorganization. Judge Dennis Montali said those who support a rival proposal, which was devised by a group of the utility’s creditors, can have their plan considered. […]

The post Judge: Court Will Consider Rival Proposal for PG&E Reorganization appeared first on POWER Magazine.

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