On June 30, 2020, Governor Newsom signed Senate Bill 350 (“SB 350”), which is intended to serve as a backstop for customers as Pacific Gas and Electric Company (“PG&E”) completes its restructuring process and begins...more
We’ve previously reported on Senate Bill 917, which was introduced on February 3, 2020, by Senator Wiener (D-San Francisco) to establish a process for a potential government takeover of investor-owned electrical, gas and...more
On February 3, 2020, Senator Scott Wiener (D-San Francisco) introduced Senate Bill 917 (“SB 917”), which would establish a new process for a potential government takeover of Pacific Gas and Electric Company (“PG&E”)....more
2/7/2020
/ Bankruptcy Court ,
Chapter 11 ,
Commercial Bankruptcy ,
Eminent Domain ,
Equipment Failure ,
Governor Newsom ,
Legislative Agendas ,
Natural Disasters ,
PG&E ,
Proposed Legislation ,
Public Benefit Corporation ,
Public Utility ,
State and Local Government ,
Takeovers ,
Wildfires
On November 27, 2019, U.S. Bankruptcy Judge Dennis Montali issued a Memorandum Decision on Inverse Condemnation (“Memorandum Decision”) in PG&E Corporation and Pacific Gas & Electric’s (together, “PG&E”) Chapter 11 Bankruptcy...more
12/4/2019
/ Bankruptcy Court ,
Chapter 11 ,
CPUC ,
Electricity ,
Fifth Amendment ,
Infrastructure ,
Inverse Condemnation ,
Natural Disasters ,
PG&E ,
Property Owners ,
Takings Clause ,
Wildfires
On July 12, 2019, Governor Newsom signed Assembly Bill (“AB”) 1054, which introduces major changes to the way California addresses wildfires in an emergency effort to financially stabilize the State’s electric utilities...more
7/15/2019
/ Certifications ,
CPUC ,
Emergency Management Plans ,
Emergency Response ,
Funding ,
Natural Disasters ,
New Legislation ,
PG&E ,
Risk Mitigation ,
Safety Standards ,
State and Local Government ,
Wildfires