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California governor rejects PG&E bankruptcy reorganization plan

California Governor Gavin Newsom on Friday rejected the bankruptcy reorganization plan submitted by PG&E Corp , the state's largest investor-owned utility, saying the proposal fails to comply with a recently enacted state wildfire law. [Source]

Publication Date:

Origin: reuters.com

Category: domesticNews

Topics: bankruptcy, California, reorganization, rejected, Newsom, submitted, Gavin, Governor, governor, rejects, state's, largest, recently, enacted, state, wildfire, comply, fails, investor-owned, utility, saying, proposal

Source: http://feeds.reuters.com/~r/Reuters/domesticNews/~3/qwV03wQ4te4/california-governor-rejects-pge-bankruptcy-reorganization-plan-idUSKCN1YI038

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