California Governor Rejects PG&E Bankruptcy Plan as Not Satisfying Wildfire Law

By | December 15th, 2019|Uncategorized|Comments Off on California Governor Rejects PG&E Bankruptcy Plan as Not Satisfying Wildfire Law

California Governor Gavin Newsom on Friday rejected a bankruptcy reorganization plan submitted by PG&E Corp, the state’s largest investor-owned utility, saying its proposal fails to meet the requirements of a recently enacted wildfire law. The decision by Newsom, sent to …