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October 04, 2022
PG&E Chapter 11

PG&E Chapter 11 Plan Won't Do, Governor Tells Judge

Newsom Calls Plan Inadequate to Ensure Public Safety and PG&E’s Financial Stability

Dec 16, 2019
Hudson Sangree
CAISO/WEIM / Company News / FERC & Federal / California
By Hudson Sangree California Gov. Gavin Newsom filed court papers Monday saying he objects to the Chapter 11 reorganization plan that Pacific Gas and Electric submitted last week, including the utility’s proposed $13.5 billion settlement with fire victims. The agreement would prohibit fire victims from supporting any other bankruptcy plan...

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