Newsom Won’t Block PG&E Wildfire Pact, Still Opposes Reorg Plan

December 17, 2019, 8:12 PM UTC

California Gov. Gavin Newsom won’t oppose the terms of PG&E Corp.’s agreement to compensate wildfire victims, but still opposes the power company’s overall reorganization plan, a lawyer for the governor said.

  • The governor’s stance was outlined in a bankruptcy court hearing Tuesday in California.
    • Previously: PG&E Will Have to Answer to California’s Newsom, Just Not Today
  • The case is PG&E Corp. 19-bk-30088, U.S. Bankruptcy Court Northern District of California (San Francisco)

--With assistance from Mark Chediak.

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Steven Church in Wilmington, Delaware at schurch3@bloomberg.net

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