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Thursday, March 14, 2019

FERC Using Power Deal Spat To Alter Bankruptcy Law: PG&E - Law360

FERC Using Power Deal Spat To Alter Bankruptcy Law: PG&E - Law360: A California bankruptcy judge must block the Federal Energy Regulatory Commission from having a say over whether Pacific Gas & Electric Co. can ditch power purchase agreements in Chapter 11 in order to protect bankruptcy courts' absolute authority over a core issue of contract rejection, the utility said Wednesday.

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