PG&E; Offers Revised Bankruptcy Plan
- Share via
Pacific Gas & Electric Co. has amended its plan for reorganizing its finances, scaling back a sweeping proposal to preempt dozens of state laws and regulations.
The company altered its plan in response to a bankruptcy judge’s ruling against the utility’s request for broad permission to preempt state law.
PG&E; said it would not seek preemption of environmental, health and safety regulations, but would try to get around state laws regulating sale of property and assets.
A hearing on the amended plan is scheduled for March 26.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
