This approval was granted by the California Public Utilities Commission (CPUC
Most recently, Para was part of the law firm of Bingham McCutchen, where she represented utility clients in rate cases and other matters before the CPUC
. Previously, she has litigated contract, construction defect and antitrust matters in both state and federal court.
"If we have a better option to achieve these goals, we have to consider it." The CPUC
president noted that he's just asking questions now and hasn't come to any firm conclusions, the report says.
In late November, the California Public Utilities Commission (CPUC
) denied SDG&E's application to recover $379 million of 2007 wildfire-related costs and legal fees incurred by SDG&E to settle third-party claims brought under inverse condemnation laws.
HIGHER: PG&E (PCG), up 44% after Bloomberg reports a California Public Utilities Commission official told investors on a conference call that the CPUC
does not wish for the company to go into bankruptcy...
Large deferred expenses related to potential recovery of fire-related liabilities or disallowance of future recoveries by the California Public Utilities Commission (CPUC
) or other factors causing funds from operations (FFO)-adjusted leverage to increase above 4.5x would likely result in adverse credit rating actions by Fitch for both PCG and PG&E.