Lawmakers advanced a measure that would let the state appoint a receiver or take over PG&E if the utility fails to provide safe and reliable service.

Bankruptcy attorneys representing PG&E told Judge Dennis Montali the utility’s reorganization plan is the best possible outcome for victims and ratepayers.

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.

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.

The CPUC unanimously approved PG&E’s reorganization plan but warned it will be able to end the utility’s monopoly should it fail to ensure public safety.

PG&E’s CFO took to the virtual stand in bankruptcy court to face questions about the “feasibility” and “fairness” of the utility’s reorganization plan.

A three-day trial that could conclude the bankruptcy of PG&E began via videoconference, with Judge Dennis Montali presiding from his home.

Proceedings to conclude PG&E Corp.’s Chapter 11 reorganization will likely happen via video later this month, Judge Dennis Montali said.

The CPUC postponed its planned vote on PG&E’s bankruptcy reorganization plan because a party to the proceedings improperly sent out a mass email.

The California PUC approved a settlement with PG&E that imposes penalties of more than $1.9 billion for safety and maintenance lapses that led to wildfires.