U.S. Bankruptcy Judge Dennis Montali urged the federal appeals court for California to quickly take up any challenge to his ruling that federal regulators cannot block PG&E from seeking to end its power contracts while the utility is in bankruptcy.
- The Federal Energy Regulatory Commission may appeal Montali’s ruling, as the agency did in a similar case in Ohio; some of PG&E’s power providers may also try to overturn the ruling to protect their lucrative electric supply contracts from cancellation
- Montali said PG&E needs to know as quickly as possible what role FERC will play as the company tries to ...
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