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May 19, 2024

Chapter 11 bankruptcy

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Complaints to FERC over PJM Performance Penalties Multiply
More generator companies filed complaints with FERC alleging that PJM violated its governing documents during its response to the December 2022 winter storm.
Xcel Energy
ERCOT Briefs: Week of Dec. 12, 2022
ERCOT says it is prepared for a polar blast that is expected to bring sub-freezing temperatures to Texas this weekend.
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ERCOT to Host Presentations on Brazos Settlement
ERCOT will host two virtual presentations to discuss the terms of its proposed settlement with Brazos Electric Power Cooperative in its bankruptcy case.
White Construction Co.
Judge Approves Brazos Chapter 11 Exit Plan
A U.S. bankruptcy judge has conditionally approved Brazos Electric’s proposed exit from bankruptcy and settlement with ERCOT over winter storm charges.
PG&E
California PUC Approves PG&E Regionalization Plan
The CPUC approved a PG&E plan to create five operational regions to improve safety and responsiveness, a key part of the utility's bankruptcy reorganization.
Nuclear Regulatory Commission
US Bankruptcy Judge Continues to Mull Akin Gump’s Final Fees
A U.S. bankruptcy court has again delayed the final payment of a legal bill that Akin Gump charged FirstEnergy Solutions in its restructuring case.
PG&E Names New Board of Directors
PG&E Corp named a nearly new board of directors to guide the troubled utility after it emerges from bankruptcy, probably later this month.
Lawyers Close PG&E Bankruptcy Case
Bankruptcy attorneys representing PG&E told Judge Dennis Montali the utility’s reorganization plan is the best possible outcome for victims and ratepayers.
PG&E Fire Victims Urge Judge to Reject Plan
Fire victims unhappy with PG&E’s reorganization scheme urged U.S. Bankruptcy Judge Dennis Montali to reject it during the second day of arguments.
Lawyers Argue PG&E Bankruptcy Plan
Attorneys began debating the merits of PG&E’s reorganization proposal during the final days of the utility’s bankruptcy case before Judge Dennis Montali.

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