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Front Page

Mar. 6, 2003

Settlement Talks Ordered in PG&E Case

SAN FRANCISCO - Saying there is "little to be lost, and potentially much to be gained," the federal judge presiding over the $8.5 billion Pacific Gas and Electric Co. bankruptcy ordered all sides to meet Monday for a closed-door mediation session with a tough-minded settlement judge.

By Pamela A. MacLean
Daily Journal Staff Writer
SAN FRANCISCO - Saying there is "little to be lost, and potentially much to be gained," the federal judge presiding over the $8.5 billion Pacific Gas and Electric Co. bankruptcy ordered all sides to meet Monday for a closed-door mediation session with a tough-minded settlement judge.
In a dramatic turn of events, U.S. Bankruptc...

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