@sfchronicle SF City Hall reporter focused on Mayor London Breed. alum of @northbaynews @lasvegassun @dailycal. California grown 🏳️🌈
Dec 18, 2019 • 9 tweets • 3 min read
Feeling a sense of whiplash or general confusion about PG&E's bankruptcy? I'll try to clarify.
First, the latest: PG&E just won court approval of a $13.5 billion settlement w/ fire victims' lawyers. It is a very big deal. $PCG
sfchronicle.com/business/artic…
If it stays on track, there will not be a trial about whether PG&E started the 2017 Tubbs Fire. There also won't be another trial to estimate all of PG&E's fire liabilities.
And it seems to give PG&E's bankruptcy exit plan a big advantage over a competing plan from bondholders.
Jan 30, 2019 • 34 tweets • 7 min read
Judge Alsup asks of PG&E lawyer why it paid $4.5B to company owners in recent years when that money could have been used to trim trees.
"Why is it PG&E always say safety is our number one thing ... it's not really true," he says.
Judge Alsup and one of the PG&E lawyers are now getting into a testy exchange about how CA utilities and regulators apply the state's vegetation management laws. The judge thinks the law is really stricter than how PG&E and the CPUC implement it re power lines
