California Gov. Gavin Newsom told the bankruptcy court he objects to the plan PG&E submitted, including the proposed $13.5 billion settlement with victims.

PG&E announced it had reached a $13.5 billion settlement with the individual victims of wildfires sparked by its equipment from 2015 to 2018.

FERC approved a settlement reducing Southern California Edison’s 2018 transmission rates and a partial settlement for an ROE increase for wildfire risks.

The federal judge in charge of PG&E’s bankruptcy rejected the utility’s argument that it isn’t subject to CA’s legal doctrine of inverse condemnation.

FERC was skeptical of a proposal by Trans Bay Cable for an increase in its transmission revenues and a $10 million annual reserve in case of wildfires.

PG&E’s attorneys argued in federal bankruptcy court that inverse condemnation applies only to public entities and that the utility is not a public entity.

California officials hammered PG&E executives during a legislative hearing over the utility’s mishandling of multiple public safety power shutoffs.

Wildfire victims and California Gov. Gavin Newsom challenged PG&E’s proposed $11 billion settlement with insurance companies that are seeking reimbursement.

More elected officials are calling for a public takeover or restructuring of PG&E after it blacked out millions of Californians to prevent deadly wildfires.

California Gov. Gavin Newsom has summoned PG&E and its creditors, including victims, to try to broker a deal to pull the utility out of bankruptcy.