FERC Has No Say Over PG&E Contracts In Ch. 11, Judge Says - Law360

FERC Has No Say Over PG&E Contracts In Ch. 11, Judge Says - Law360: A California bankruptcy judge has ruled the Federal Energy Regulatory Commission has no say over whether Pacific Gas & Electric Co. can cancel $42 billion in electric contracts as part of its Chapter 11 case, saying the commission's attempt to gain influence in the case amounted to a “power play.”