Environmental & Energy,
Bankruptcy
Feb. 5, 2020
Federal judge OKs PG&E reorganization plan
U.S. Bankruptcy Judge Dennis Montali allowed a restructuring agreement laying out a tentative reorganization plan for PG&E to emerge from bankruptcy to move forward over the sole objection of a Santa Rosa wildfire victim.
SAN FRANCISCO -- The judge overseeing the Pacific Gas & Electric Corp.'s bankruptcy approved a major deal Tuesday between the utility and a group representing bondholders who were previously trying to take over the company.
U.S. Bankruptcy Judge Dennis Montali allowed the restructuring agreement laying out a tentative reorganization plan for PG&E to emerge from bankr...
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